January 2025 – Page 77 – Best Day Investing

Earthquake of magnitude 4.7 strikes Cobb, California, USGS says

(Reuters) – An earthquake of magnitude 4.7 struck Cobb in northern California on Wednesday, the United States Geological Survey (USGS) said. The quake was at a depth of 1.1 Km…

January 2, 2025

Economy

Indonesia says 2024 budget deficit lower than 2.7% of GDP estimate

JAKARTA (Reuters) -Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said…

January 2, 2025

Stock

Apple: UBS sees sluggish iPhone sales in Dec as China demand worsens

Investing.com– Apple Inc (NASDAQ:AAPL) is likely to see weaker sales of its flagship iPhone in December, UBS analysts said in a recent note, citing persistent concerns over slowing demand and falling…

January 2, 2025

Stock

Alibaba to sell majority stake in China’s Sun Art Retail for $1.6 billion

Investing.com– Alibaba (NYSE:BABA) Group Holding (HK:9988) announced on Wednesday that it will sell its majority stake in the hypermarket chain Sun Art Retail Group (HK:6808) to Chinese private equity firm…

January 2, 2025

Stock

US stock futures fall in cautious start to 2025

Investing.com– U.S. stock index futures rose on Wednesday evening, marking a cautious start to 2025 after a mix of artificial intelligence hype and lower interest rates saw equity markets log…

January 2, 2025

Stock

Biden says investigators looking for links between New Orleans attack, Las Vegas incident

(Reuters) – U.S. President Joe Biden said on Wednesday law enforcement is investigating whether there are any links between a New Orleans truck attack that killed 15 people and the…

January 2, 2025

Stock

Tesla Cybertruck explodes at Trump hotel in Vegas, Musk says ‘act of terrorism’

Investing.com– A Tesla (NASDAQ:TSLA) Cybertruck exploded in flames at the entrance of Trump Hotel Las Vegas on Wednesday, resulting in one fatality and at least seven injuries, media reports stated.…

January 2, 2025

Economy

Growth in China’s factory activity slows, Caixin PMI shows

BEIJING (Reuters) – China’s factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders amid concerns over the trade outlook, a…

January 2, 2025

Economy

Dollar starts 2025 higher; yen rooted at five-month lows

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar kicked off 2025 on the front foot on Thursday after a strong year of gain against most currencies, with the yen…

January 2, 2025

Economy

Singapore economy grew 4.0% in 2024, advance estimate shows, fastest post-pandemic growth

SINGAPORE (Reuters) -Singapore’s economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government…

January 2, 2025