Posted inEconomy
Take Five: Under pressure
LONDON (Reuters) – World markets continue to assess what a Donald Trump administration will bring, as attention turns to an escalation of the war in Ukraine. The U.S. Thanksgiving holiday…
Posted inEconomy
German home prices to climb 3% next year on lower rates: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – German home prices will reverse their relentless two-year fall and rise 3% next year and in 2026 on lower borrowing costs, according to analysts…
Posted inEconomy
Texas governor orders state agencies to divest China assets
SINGAPORE (Reuters) – Republican Governor of Texas Greg Abbott ordered state agencies to cease investing state funds in China and sell at the first available opportunity, citing financial and security…
Posted inEconomy
Column-Vulnerable Germany heaps pressure on ECB: Mike Dolan
By Mike Dolan LONDON (Reuters) – It’s hard to imagine the gloom surrounding Europe’s biggest economy deepening much further than it already has, but Germany’s outlook for 2025 just keeps…
Posted inEconomy
RBA expected to begin cutting rates only by May 2025- Westpac
Investing.com–The Reserve Bank of Australia (RBA) is now expected to start cutting interest rates from May next year, instead of February, Westpac said in a note, although the central bank…
Posted inEconomy
New German finance minister says must be ‘realistic’ about debt brake reform, report says
BERLIN (Reuters) – New German Finance Minister Joerg Kukies dampened expectations that a reform of the nation’s spending cap, known as the debt brake, could lead to more leeway in…
Posted inEconomy
Japan considering raising income tax threshold in fresh economic stimulus
By Makiko Yamazaki TOKYO (Reuters) – Japan is set to kick off discussions on raising the basic tax-free income allowance in effective permanent tax cuts worth up to $51 billion,…
Posted inStock
Adani’s Australian coal unit faces human rights complaint
By Melanie Burton MELBOURNE (Reuters) – India’s Adani Group, whose billionaire chairman has been indicted for fraud by U.S. prosecutors, is facing accusations of racism at its Australian coal unit…
Posted inStock
S&P lowers outlook on three Adani units after US indictment of founder
(Reuters) -S&P Global Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday, citing risks to funding access following a U.S. indictment of the conglomerate’s…
Posted inStock
Australia stocks higher at close of trade; S&P/ASX 200 up 0.85%
Investing.com – Australia stocks were higher after the close on Friday, as gains in the Energy, Utilities and Healthcare sectors led shares higher. At the close in Sydney, the S&P/ASX…