SINGAPORE (Reuters) -Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan. Shortly after Fed Chair Jerome Powell…

(Bloomberg) -- US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings.Most Read from BloombergUS and Saudis Near Defense Pact Meant…

(Bloomberg) -- Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes despite inflationary pressures. The celebration didn’t last long.Most Read from BloombergUS and Saudis…

(Bloomberg) -- Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.Most Read from BloombergUS and Saudis…

KUALA LUMPUR (Reuters) -Microsoft said on Thursday it will invest $2.2 billion over the next four years in Malaysia to expand cloud and artificial intelligence (AI) services in the company's latest push to promote its generative AI technology in Asia. The…

(Bloomberg) -- Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.Most Read from BloombergUS and Saudis…

ICHEON, South Korea (Reuters) -South Korea's SK Hynix said on Thursday that its high-bandwidth memory (HBM) chips used in AI chipsets were sold out for this year and almost sold out for 2025 as businesses aggressively expand artificial intelligence services.…

(Bloomberg) -- Olam Agri Holdings Ltd. sweetened its offer for Australia’s Namoi Cotton Ltd., topping a proposal from rival Louis Dreyfus Co. and heating up a bidding war between two top agricultural commodities traders.Most Read from BloombergUS and Saudis…

(Bloomberg) -- Man Group Plc, BlackRock Inc. and Citadel are among big winners from the giant alternatives portfolio held by Australia’s sovereign wealth fund, which has revealed the size of its mandates for the first time.Most Read from BloombergUS and Saudis…

(Bloomberg) -- Another suspected intervention by Japanese authorities to support the yen, this time in late New York trading, ran into resistance from traders keen to keep selling the currency.Most Read from BloombergUS and Saudis Near Defense Pact Meant…

(Bloomberg) -- US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings.Most Read from BloombergUS and Saudis Near Defense Pact Meant…

The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected with central banks' targets, the OECD said on Thursday, upgrading its outlook. The global economy…

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SINGAPORE shares finished higher on Thursday (May 2), after the US Federal Reserve kept interest rates steady in its May meeting.

Here are the most important news items that investors need to start their trading day.

(Bloomberg) -- Gold edged higher as the Federal Reserve struck a less hawkish tone than expected when holding interest rates steady, and Japanese authorities were suspected to have intervened to support the yen, hurting the dollar.Most Read from BloombergUS…

(Bloomberg) -- Japan likely conducted its second currency intervention this week, according to a Bloomberg analysis of central bank accounts, in another sign of its intensified battle to prop up the yen. Most Read from BloombergUS and Saudis Near Defense…