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Month: January 2025

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Trump uncertainty clouds Fed minutes; China’s CPI data – what’s moving markets
Posted inEconomy

Trump uncertainty clouds Fed minutes; China’s CPI data – what’s moving markets

Investing.com – Stock markets in the US are set to be shuttered on Thursday after equities logged a muted close in the prior session. Minutes from the Federal Reserve’s December meeting…
Posted by January 9, 2025
Shanghai kicks off plan to allow foreign-owned hospitals
Posted inEconomy

Shanghai kicks off plan to allow foreign-owned hospitals

HONG KONG (Reuters) – Shanghai has kicked off a plan to allow the establishment in China of wholly foreign-owned hospitals in key economic zones, biopharmaceutical areas and downtown districts that…
Posted by January 9, 2025
Boaz Weinstein’s Saba offers cash exit to UK investment trust shareholders
Posted inStock

Boaz Weinstein’s Saba offers cash exit to UK investment trust shareholders

(Reuters) – U.S. hedge fund Saba Capital Management said on Thursday it would offer shareholders of UK’s Herald Investment Trust a full cash exit at 99% of their net asset…
Posted by January 9, 2025
BP projects 44% jump in oil output from India’s largest field, ONGC says
Posted inStock

BP projects 44% jump in oil output from India’s largest field, ONGC says

By Sethuraman N R (Reuters) – Global energy major BP (NYSE:BP) has pledged to lift oil production by 44% and gas output by 89% from India’s largest field off its…
Posted by January 9, 2025
Japan stocks lower at close of trade; Nikkei 225 down 0.87%
Posted inStock

Japan stocks lower at close of trade; Nikkei 225 down 0.87%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Insurance, Financial Services and Mining sectors led shares lower. At the close in Tokyo, the…
Posted by January 9, 2025
Japan’s Seven & i Holdings reports 24% y/y drop in third-quarter profit
Posted inStock

Japan’s Seven & i Holdings reports 24% y/y drop in third-quarter profit

TOKYO (Reuters) – Japan’s Seven & i Holdings, operator of the 7-Eleven convenience store chain, reported on Thursday a drop of 24% in quarterly operating profit, missing analysts’ estimates. Profit…
Posted by January 9, 2025
Uniqlo operator Fast Retailing says Q1 profit rose 7.4%
Posted inStock

Uniqlo operator Fast Retailing says Q1 profit rose 7.4%

TOKYO (Reuters) – The Japanese operator of the global Uniqlo clothing chain said on Thursday that first-quarter operating profit rose 7.4%, a solid start to its plan to achieve record…
Posted by January 9, 2025
Trump’s tariff threat spurs auto suppliers to rethink production plans
Posted inStock

Trump’s tariff threat spurs auto suppliers to rethink production plans

By Abhirup Roy LAS VEGAS (Reuters) – Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as…
Posted by January 9, 2025
Broker McGill offers property war reinsurance for Ukraine
Posted inStock

Broker McGill offers property war reinsurance for Ukraine

LONDON (Reuters) – Broker McGill and Partners has launched a commercial property war risk reinsurance programme for Ukraine, which it said on Thursday was the first of its kind since…
Posted by January 9, 2025
German exports, industrial production rise more than expected
Posted inEconomy

German exports, industrial production rise more than expected

(Reuters) – German exports rose thanks to strong demand from countries outside the EU and industrial production rose more than expected in November, data from the statistics office showed on…
Posted by January 9, 2025

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