December 2024 – Page 52 – Best Day Investing

Taiwan warns defence could suffer under opposition’s funding laws

TAIPEI (Reuters) – Taiwan’s cabinet warned on Monday the island’s security might be at risk after opposition parties passed laws that will require cuts in government spending, including defence, at…

December 23, 2024

Economy

Lagarde says ECB very close to reaching its inflation goal, FT reports

(Reuters) -European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the central bank’s medium-term inflation goal, according to an interview published by…

December 23, 2024

Economy

Inflation, elections and war dominated 2024

By Simon Robinson (Reuters) – Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up in prices for everything from eggs…

December 23, 2024

Economy

Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years

By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’ forecasts and the smallest rise in nearly…

December 23, 2024

Economy

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…

December 23, 2024

Stock

Westpac admits to overcharging more than 24,000 customers in New Zealand

(Reuters) – New Zealand’s financial regulator on Monday said that Australian lender Westpac’s local unit admitted to overcharging and misleading more than 24,000 personal and business customers by not providing…

December 23, 2024

Stock

Malaysia’s 1MDB files legal claim against Amicorp Group alleging over $7 billion in fraud

KUALA LUMPUR – Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over $7…

December 23, 2024

Stock

Emerging markets face heavy weekly fund outflows – J.P. Morgan

Investing.com– Emerging market (EM) funds saw significant outflows last week, continuing a tough December for these investments, according to J.P. Morgan’s weekly report. Bond funds recorded $1.5 billion in outflows,…

December 23, 2024

Stock

Asia stocks rise on US inflation cheer; Honda-Nissan merger in focus

Investing.com– Most Asian stocks rose on Monday, tracking gains in Wall Street after softer U.S. inflation data spurred bets that interest rates will still fall in the coming year. Japanese…

December 23, 2024

Stock

Singapore’s TalkMed shares jump on $447 million privatization offer

Investing.com– Singapore’s TalkMed Group (SGX:TALK) shares jumped on Monday after the company received a bid from TW Troy to take the company private, valuing it at S$606.1 million ($447.24 million).…

December 23, 2024