November 2024 – Page 44 – Best Day Investing

Risk assets may be entering ‘danger zone’: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -Even bulls now admit that U.S. stocks and credit are expensive. While many argue that the rosy macro outlook will keep the party going…

November 20, 2024

Stock

Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition

By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen (ETR:VOWG_p) and unions gear up for the next round of talks over wages and plant closures in Germany, company…

November 20, 2024

Stock

HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients

By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5…

November 20, 2024

Economy

Japan set to approve $87 billion economic stimulus this week

By Yoshifumi Takemoto TOKYO (Reuters) – Japan’s ruling coalition on Wednesday agreed with a key opposition party on the draft of an economic stimulus package, clearing a major hurdle for…

November 20, 2024

Economy

Indonesia central bank holds rates steady, as expected

JAKARTA (Reuters) – Indonesia’s central bank held interest rates unchanged on Wednesday, as expected, saying policy was focused on maintaining stability in the rupiah currency while making sure inflation stays…

November 20, 2024

Economy

UK consumer inflation rose more than expected in October

Investing.com – UK inflation rose more than expected last month, climbing back above the Bank of England’s target and potentially stalling further interest rate cuts. Annual consumer price inflation climbed…

November 20, 2024

Economy

Trump to interview Warsh, Rowan for Treasury job on Wednesday, Bloomberg News reports

(Reuters) – U.S. President-elect Donald Trump is scheduled to interview former Federal Reserve Governor Kevin Warsh and Apollo Global Management (NYSE:APO) CEO Marc Rowan on Wednesday for the post of…

November 20, 2024

Economy

Trump, Musk watch SpaceX launch Starship, booster misses landing

By Joey Roulette (Reuters) -Elon Musk’s SpaceX launched its giant Starship rocket to space from Texas on Tuesday, advancing the ship’s spaceflight abilities but botching an attempt to bring its…

November 20, 2024

Stock

Australia stocks lower at close of trade; S&P/ASX 200 down 0.57%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Industrials and Consumer Discretionary sectors led shares lower. At the close in Sydney,…

November 20, 2024

Stock

China’s Xpeng says no impact from US curbs on its Turing AI chip output

(Reuters) -Chinese electric vehicle maker Xpeng (NYSE:XPEV) said mass production of its Turing self-designed artificial intelligence chip was progressing well, dismissing concerns it could be hit by new U.S. curbs…

November 20, 2024