2024 – Page 106 – Best Day Investing – Investing and Stock News

China November industrial output rises 5.4%, above expectations

BEIJING (Reuters) – China’s industrial output rose 5.4% from a year earlier in November, quickening from October’s 5.3% growth, signalling tentative stabilisation in the world’s second-largest economy as recent stimulus…

December 16, 2024

Stock

Tesla: Wedbush hikes price target on autonomous and AI growth under Trump 2.0

Investing.com– Wedbush Securities has raised its price target for Tesla (NASDAQ:TSLA), citing accelerated progress in autonomous and artificial intelligence (AI) initiatives under a regulatory environment expected to be more favorable…

December 16, 2024

Stock

UK approves Daniel Kretinsky’s $6.7 billion bid for Royal Mail parent, FT reports

(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail (LON:IDSI) owner International Distribution Services, the Financial Times reported on Monday. The approval…

December 16, 2024

Stock

US stock futures muted ahead of Fed meeting

Investing.com– U.S. stock index futures moved little on Sunday evening as caution before an upcoming Federal Reserve meeting this week kept investors largely to the sidelines in anticipation of more…

December 16, 2024

Economy

Australia’s central bank gets banker, economist to rate-setting board

By Stella Qiu SYDNEY (Reuters) – Australian Treasurer Jim Chalmers on Monday announced two new members to the central bank’s rate-setting board, with the majority of board members staying in…

December 16, 2024

Economy

China new home prices fall at slowest pace in 17 months in Nov

BEIJING (Reuters) – China’s new home prices fell at the slowest pace in 17 months, official data showed on Monday, as the government scaled up stimulus measures to lift the…

December 16, 2024

Economy

Bank Indonesia to hold rates this month as FX stability outweighs domestic concerns: Reuters poll

By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia (BI) will hold its key interest rate steady on Wednesday to support the rupiah, according to a narrow majority of economists in…

December 16, 2024

Economy

Dollar hovers near 3-week high before Fed; bitcoin tops $105,000

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this…

December 16, 2024

Economy

Bank of Thailand to hold rates this year, economists split on next cut – Reuters poll

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday after a surprise October trim, according to a…

December 16, 2024

Economy

Bleak times for copper smelters as conversion fees slump: Andy Home

By Andy Home LONDON (Reuters) -An unprecedented collapse in conversion fees spells hard times for the global copper smelting sector. The benchmark smelter treatment charges for next year have been…

December 16, 2024