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Economy

Economy

Chinese manufacturing, Bitcoin’s monthly fall, Gold gains – what’s moving markets

Investing.com — Wall Street is seen trading slightly lower Tuesday, the last trading day of what has been a positive year on…
Economy

Singapore Post names new CFO in executive overhaul after whistleblower report

(Reuters) -Singapore Post has appointed the CFO of its Australia business as group finance chief, the company said on Sunday, a week…
Economy

AI boom, Fed rate cuts lift U.S. stocks to new highs in 2024

(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than…
Economy

Indonesia’s president says VAT hike to apply only on luxury goods

JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point…
Economy

China’s GDP to hit government’s target for 2024: President Xi

Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is…
Economy

European stocks slip as bond yields stay high

(Reuters) – European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the…
Economy

Wall St futures slip on elevated Treasury yields

(Reuters) – U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically…
Economy

Turkey’s fuel, tobacco tax moves will not harm inflation goal, Simsek says

ISTANBUL (Reuters) – Turkey’s tax hikes for fuel and tobacco next year will be set in a way that will not endanger…
Economy

Analysis-Lula’s embrace of new Brazil central banker has markets wary

By Marcela Ayres BRASILIA (Reuters) – After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil’s central bank…
Economy

Pakistan’s economy grows 0.92% in Q1 of ongoing fiscal year

KARACHI (Reuters) – Pakistan’s economy grew by 0.92% in the first quarter of the fiscal year 2024-25, despite a contraction in the…
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        Israeli strikes kill at least 17 Palestinians in Gaza, WAFA reports

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        Nvidia’s surge far from over as AI train is back on track: HSBC

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