January 2025 – Page 13 – Best Day Investing

Tesco sees strong Christmas sales, maintains guidance

Investing.com — Tesco (OTC:TSCDY) on Thursday delivered strong results in its Q3 and Christmas trading update, especially in its core UK grocery business and sustained growth across key markets. However,…

January 9, 2025

Stock

Climate change shows ‘claws’ with rising costs for disasters, Munich Re says

By Alexander Hübner and Tom Sims MUNICH (Reuters) – Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and…

January 9, 2025

Stock

Indonesia stocks lower at close of trade; IDX Composite Index down 0.07%

Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower. At the close in Jakarta, the IDX…

January 9, 2025

Stock

RBC downgrades Swatch to ‘underperform,’ cites structural and cyclical challenges

Investing.com — RBC Capital Markets in a note dated Thursday has downgraded Swatch Group (SIX:UHR) to an “underperform” rating, citing structural and cyclical challenges that could hinder the company’s performance…

January 9, 2025

Economy

Fed minutes point to slower pace of rate cuts ahead – Goldman Sachs

Investing.com – Minutes from the Federal Reserve’s latest meeting indicated that policymakers will adopt a slower pace of interest rate cuts ahead, according to analysts at Goldman Sachs. President-elect Donald Trump’s…

January 9, 2025

Economy

PIMCO says it still likes UK gilts, chances of fiscal contraction growing

By Harry Robertson LONDON (Reuters) – PIMCO, one of the world’s largest bond investors, said it is still positive about UK government bonds amid a steep market-sell off, adding that…

January 9, 2025

Economy

UK bond market sell-off heaps pressure on Reeves

By William Schomberg LONDON (Reuters) – Rachel Reeves is facing her first major test as Britain’s finance minister after the government’s borrowing costs jumped sharply this week and the pound…

January 9, 2025

Economy

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…

January 9, 2025

Economy

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…

January 9, 2025

Stock

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…

January 9, 2025