SHANGHAI (Reuters) – China will adjust the weightings of its yuan CFETS basket in 2025, the country’s foreign exchange trade platform said on Tuesday. From Jan. 1, the China Foreign…
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts…
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 after dismissing its CFO and two senior executives…
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 Wall Street. China’s manufacturing sector grew at a…
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point to 12% effective Wednesday, Jan. 1, will apply…
(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than two years ago on signs of post-pandemic economic…
Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is likely to meet its official growth target. At…
Investing.com – Indonesia stocks were lower after the close on Tuesday, as in the sectors led shares . At the close in Jakarta, the IDX Composite Index unchanged 0.00%. The…
(Reuters) – Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX’s Pratt & Whitney amid engine woes, adding that it expects…
ZURICH (Reuters) – Germany should commit to increasing its defence spending to a sum equivalent to 3% of gross domestic product, the chief executive officer of defence electronics specialist Hensoldt…