Posted inEconomy
China inflation lands amid global bond turmoil
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. China’s latest inflation figures are out on Thursday, and they could not be coming at a…
Posted inEconomy
Brazil’s economic growth to slow, real remains weak – Capital Economics
Brazil’s recent spurt of economic expansion is expected to slow down as the country faces persistent sovereign debt concerns and the likelihood of continued interest rate hikes, according to a…
Posted inEconomy
Bond market selloff jolts global investors as ‘tantrum’ hovers
By Amanda Cooper, Yoruk Bahceli and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -A sharp selloff in some of the world’s biggest government bond markets and a continued rise in the dollar…
Posted inEconomy
Jefferies’ profit more than triples on investment banking windfall
(Reuters) – Jefferies Financial reported an over three-fold rise in fourth-quarter profit on Wednesday as the investment bank earned higher fees from deal advisory and underwriting activity remained strong. An…
Posted inEconomy
Capital Economics sees Nigeria interest rates drop to 23.5% by 2025 end
Monday – Capital Economics has forecasted that Nigeria’s Central Bank (CBN) will likely begin reducing interest rates from May 2025, with expectations for the policy rate to decrease by 400…
Posted inEconomy
U.S. corporate bond offerings surge amid rising treasury yields- report
Investing.com — The U.S. corporate debt market has witnessed a surge in new bond offerings this week, driven by rising Treasury yields that have increased demand for debt, according to…
Posted inEconomy
Wells Fargo sees mixed outlook for Canadian economy in 2025 amid U.S. tariff policy, local politics
Investing.com – Wells Fargo (NYSE:WFC) on Wednesday released its outlook on the Canadian economy, highlighting a mixed forecast for 2025, with the household sector showing resilience due to increasing real…
Posted inStock
Morgan Stanley’s Mike Wilson sees a choppy first half of 2025
Investing.com — In an interview with Bloomberg Television, Morgan Stanley (NYSE:MS) Chief US Equity Strategist Mike Wilson said he expects a choppy first half of 2025, with the outlook improving in…
Posted inStock
Google must face mobile phone privacy class action, possible trial
By Jonathan Stempel (Reuters) – Google failed to persuade a federal judge to dismiss a privacy class action claiming it collected personal data from people’s cellphones after they switched off…
Posted inStock
Lyft stock tumbles as Delta partners with Uber
Investing.com — Lyft Inc. (NASDAQ:LYFT) shares fell sharply by 7.5% following the announcement from Delta Air Lines (NYSE:DAL) that it plans to end its partnership with the rideshare company in…