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China mulls yuan depreciation in face of potential US tariffs
Posted inStock

China mulls yuan depreciation in face of potential US tariffs

On Wednesday, Reuters reported that China’s leadership is contemplating a strategy to allow the yuan to weaken in the year 2025. This consideration is a response to the anticipated increase…
Posted by December 11, 2024
‘Chai and samosas’: US hotels welcome Indian tourist boom to revive revenue
Posted inStock

‘Chai and samosas’: US hotels welcome Indian tourist boom to revive revenue

By Aishwarya Jain (Reuters) – U.S. hotels and travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure spending falters and demand from…
Posted by December 11, 2024
Morgan Stanley sees airline stocks propelled by demand, favourable fuel cost
Posted inStock

Morgan Stanley sees airline stocks propelled by demand, favourable fuel cost

Investing.com — U.S. airline stocks are set to propel in 2025, with tailwinds like robust demand, disciplined capacity growth, and favourable fuel prices aligning to boost sector’s profitability. Morgan Stanley (NYSE:MS)…
Posted by December 11, 2024
US futures climb after in-line CPI points to rate cut next week
Posted inStock

US futures climb after in-line CPI points to rate cut next week

Investing.com – US stock index futures edged higher Wednesday, with sentiment helped by in line consumer inflation data largely cementing a Federal Reserve interest rate cut next week.  At 08:40…
Posted by December 11, 2024
Explainer-What next for Nippon Steel and US Steel’s $15 billion mega-merger?
Posted inStock

Explainer-What next for Nippon Steel and US Steel’s $15 billion mega-merger?

(Reuters) – A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would threaten national security, with the fate of…
Posted by December 11, 2024
German chancellor frontrunner says will finance military without more borrowing
Posted inEconomy

German chancellor frontrunner says will finance military without more borrowing

By Andreas Rinke and Thomas Escritt BERLIN (Reuters) – Germany can cover future increases in military spending without creating a special funding instrument, but must do more to coordinate defence…
Posted by December 11, 2024
US consumer prices post largest gain in seven months in November
Posted inEconomy

US consumer prices post largest gain in seven months in November

WASHINGTON (Reuters) – U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal Reserve from cutting interest rates for a…
Posted by December 11, 2024
U.S. median rent dips to lowest since March 2022 – Redfin
Posted inEconomy

U.S. median rent dips to lowest since March 2022 – Redfin

In a recent report by Redfin (NASDAQ:RDFN), the median U.S. asking rent in November decreased to $1,595, a 0.7% drop from the previous year, marking the lowest level since March…
Posted by December 11, 2024
Foreign cash to emerging world to drop as tariffs threats loom – IIF
Posted inEconomy

Foreign cash to emerging world to drop as tariffs threats loom – IIF

By Libby George LONDON (Reuters) – Global growth will slow in 2025, and offshore investors are set to cut the cash they send to emerging markets by nearly a quarter,…
Posted by December 11, 2024
Poland to push for common funding for defence during EU presidency
Posted inEconomy

Poland to push for common funding for defence during EU presidency

By Jan Strupczewski BRUSSELS (Reuters) – Poland will make joint European Union financing for defence its priority during its six-month presidency of the 27-nation bloc, arguing that security is a…
Posted by December 11, 2024

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