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3M To Exit PFAS Manufacturing And Use Of PFAS Use By The End Of 2025
3M (MMM) announced Tuesday that it will exit per- and polyfluoroalkyl substance (PFAS) manufacturing and work to discontinue the use of PFAS across its product portfolio by the end of 2025.
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RBA Minutes Say Policymakers Discussed Pausing Rate Hikes
Policymakers of the Reserve Bank of Australia discussed pausing the interest rate hike at the last meeting of the year, citing the lagged effect of the previous adjustments. Nonetheless, further rate hikes are on cards based on incoming data. At the December meeting, policymakers observed that they should proceed cautiously given the uncertain environment.
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vor 863 Tagen
Sensex, Nifty End Off Day's Lows
Indian shares ended Tuesday's session lower as fears of a global recession lingered and the Bank of Japan (BoJ) expanded its 10-year Japanese government bond yield target band - raising fears of an eventual tightening in policy.
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Japanese Yen Moves Up As BoJ Widens Bond Yield Target Band
The Japanese yen gained ground against its major counterparts on Tuesday, as the Bank of Japan left its key interest rate unchanged and widened the band of 10-year Japanese government bond yield target to address disturbance in the bond market.
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European Shares Edge Lower After BoJ's Surprise Move
European stocks fell in cautious trade Tuesday after the Bank of Japan rattled markets with a surprise policy shift that allows long-term interest rates to rise more.
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FTSE 100 Slips On China COVID Concerns
U.K. stocks edged lower on Tuesday amid lingering worries about the COVID-19 situation in China.
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CAC 40 Slumps On China COVID Concerns
French stocks slumped on Tuesday after the Bank of Japan widened its target band for interest rates - a move that analysts said would allow long-term interest rates to rise more.
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DAX Dips On BoJ Policy Shift
German stocks fell sharply on Tuesday after the Bank of Japan expanded its 10-year Japanese government bond yield target band - raising fears of an eventual tightening in policy.
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Bank Of Japan Widens 10-Year JGB Yield Target Band
The Bank of Japan expanded its 10-year Japanese government bond yield target band on Tuesday, surprising market participants, pushing the yen sharply higher, and led to a fall in government bonds. At the policy meeting of the BoJ, board members unanimously decided to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank.
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Asian Shares Tumble After BoJ Policy Move
Asian stocks tumbled on Tuesday and the yen surged against the dollar after the Bank of Japan said it would review its yield curve control policy and widened its target band for interest rates - a move that analysts said would allow long-term interest rates to rise more.
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China Leaves 1-Year Lending Rate Unchanged At 3.65%
China retained its benchmark lending rate for the fourth straight month on Tuesday, providing no hope for the beleaguered housing market and the struggling economy. The People's Bank of China kept its one-year loan prime rate, or LPR, unchanged at 3.65 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 4.30 percent.
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Walgreens, CVS Limit Purchases Of Kids' Pain Relief Drugs
Amid a surge in multiple respiratory illnesses among children throughout the United States, pharmacies including Walgreens and CVS Pharmacy are limiting purchases of children's pain relief medicines citing supplier challenges and increased consumer demand. As per reports, Walgreens have limited online purchases to six pain drugs for kids per transaction, but there's no limit at retail stores.
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European Shares May See Gap-down Opening On BoJ Surprise Yield Shift
European stocks look set to open sharply lower on Tuesday amid signs that central bankers around the world might be willing to risk causing a recession in order to control inflation.
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vor 863 Tagen
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