News

Enbridge has a low-risk, utility-like business model. Enbridge (NYSE: ENB) has built one of the most durable businesses in the energy sector, which has enabled the Canadian pipeline and utility company to deliver reliable results over the decades. It has paid dividends for over 70 years, increasing its payment for the past 30 in a row.

An ultra-rare event for Wall Street's benchmark index should have optimists smiling from ear to ear.

Wall Street and European stock futures are little changed while Asian shares are mixed. Hong Kong's Hang Seng index fell 0.8%, weighed down by Alibaba's more than 5% tumble after its earnings failed to impress investors.

TOKYO (Reuters) -The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on the economy from higher U.S. tariffs. Nakamura, known as the most dovish member of the board, said the central bank must guide monetary policy "cautiously" with due attention to how extremely high uncertainty over U.S. trade policy could affect corporate and household activity. "Japan's economy is facing mounting downward pressure," as steep U.S. tariffs, including on its mainstay automobile sector, could seriously hurt corporate profits, Nakamura said in a speech.

TOKYO (Reuters) -Credit ratings agency Fitch on Thursday placed five Taiwanese life insurers under review for potential downgrades after a sharp surge in the Taiwanese dollar this month put stress on their balance sheets. Fitch put Cathay Life Insurance, Fubon Life Insurance, KGI Life Insurance, Nan Shan Life Insurance and Taiwan Life Insurance on "Rating Watch Negative" due to the "substantial currency mismatch" produced by their "sizeable" U.S. dollar holdings, the ratings agency said in a press release.

Markets have calmed somewhat after the turmoil unleashed by Trump's on-again, off-again tariffs offensive, aimed at compelling companies to base manufacturing inside the United States. U.S. futures were little changed early Friday.

Markets have calmed somewhat after the turmoil unleashed by Trump's on-again, off-again tariffs offensive, aimed at compelling companies to base manufacturing inside the United States. U.S. futures were little changed early Friday.