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Recent Posts

  • Musk, a Republican Party mega-donor, says he will cut political spending
    May 20, 2025
  • Home Depot’s prices to stay put despite tariffs, sales beat estimates
    May 20, 2025
  • Wall St regulator defends steep staff cuts
    May 20, 2025
  • December 15, 2024

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) - Steered by Chairman John Elkann, Stellantis (NYSE:STLA), owner of 14 brands including Fiat (BIT:STLAM), Jeep and...

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  • December 15, 2024

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.11%

– Taiwan stocks were lower after the close on Monday, as losses in the , Electricity and Plastic sectors led shares lower. At the close in Taiwan, the Taiwan...

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  • December 15, 2024

Morning bid: Chinese consumers shut up shop

A look at the day ahead in European and global markets from Wayne Cole. China has kicked off the week with some uninspiring data as retail sales in November rose just 3.0% y/y,...

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  • December 15, 2024

Moody's Ratings raises China 2025 GDP forecast to 4.2% from 4.0%

HONG KONG (Reuters) - Moody's (NYSE:MCO) Ratings said it had raised China's 2025 GDP growth forecast to 4.2% from 4.0%, as it expected credit conditions to stabilise and Beijing's...

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  • December 15, 2024

Australia stocks lower at close of trade; S&P/ASX 200 down 0.56%

– Australia stocks were lower after the close on Monday, as losses in the Gold, Metals & Mining and Materials sectors led shares lower. At the close in Sydney, the...

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  • December 15, 2024

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

By Anant Chandak BENGALURU (Reuters) - India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end...

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  • December 15, 2024

Laggard European markets may be 2025's top recovery trade

By Naomi Rovnick LONDON (Reuters) - The year ahead is shaping up badly for Europe with its financial markets already hit hard by U.S. tariff fears and political turmoil in France...

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  • December 15, 2024

Asia FX edges lower with dollar near 3-wk high, China data underwhelms

-- Most Asian currencies edged lower on Monday as the dollar remained near a three-week high ahead of a U.S. Federal Reserve meeting this week, while mixed economic...

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  • December 15, 2024

Investors see ‘animal spirits’ driving S&P 500 higher, Goldman Sachs says

-- Goldman Sachs analysts said investors expect the S&P 500 to extend its current bull market into 2025 amid heightened optimism over the economy and expectations of...

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  • December 15, 2024

China's weak consumption drags on economy as Trump tariff threat looms

By Kevin Yao and Ethan Wang BEIJING (Reuters) -China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to...

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