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BOJ’s Ueda vows to keep hiking rates with focus on risks
Posted inEconomy

BOJ’s Ueda vows to keep hiking rates with focus on risks

By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Monday the central bank will raise interest rates further if the economy continues…
Posted by January 6, 2025
Xpeng jumps on partnership with Volkswagen to build EV charging network in China
Posted inStock

Xpeng jumps on partnership with Volkswagen to build EV charging network in China

Investing.com– Shares of Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) Inc (HK:9868) rose on Monday following the announcement of an expanded partnership with Volkswagen (ETR:VOWG) to develop a super-fast charging network…
Posted by January 6, 2025
Sunac gains backing to restructure one more onshore bond, source says
Posted inStock

Sunac gains backing to restructure one more onshore bond, source says

HONG KONG (Reuters) – Sunac China won support from holders of an onshore bond last week and will need approval from investors of two more bonds to implement debt restructuring,…
Posted by January 6, 2025
Japan stocks lower at close of trade; Nikkei 225 down 1.65%
Posted inStock

Japan stocks lower at close of trade; Nikkei 225 down 1.65%

Investing.com – Japan stocks were lower after the close on Monday, as losses in the Shipbuilding, Precision Instruments and Communication sectors led shares lower. At the close in Tokyo, the…
Posted by January 6, 2025
Primo Brands: BMO initiates at Outperfrom, sees strong earnings
Posted inStock

Primo Brands: BMO initiates at Outperfrom, sees strong earnings

Investing.com– BMO initiated coverage of Primo Brands (NYSE:PRMB) with an Outperform rating and a strong price target, calling the stock an attractive pick on its large market share of water…
Posted by January 6, 2025
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.33%
Posted inStock

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.33%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Computers & Peripherals, Oil, Gas & Electricity and Semiconductor sectors led shares higher. At the…
Posted by January 6, 2025
Morning Bid: Canadian dollar calm as Trudeau heads for the exits
Posted inStock

Morning Bid: Canadian dollar calm as Trudeau heads for the exits

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Markets have mostly been on a random walk in Asia, punctuated by reports embattled…
Posted by January 6, 2025
China scrambles to shore up sliding yuan and stock markets
Posted inStock

China scrambles to shore up sliding yuan and stock markets

By Samuel Shen and Ankur Banerjee SHANGHAI/SINGAPORE (Reuters) – China’s stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to soothe…
Posted by January 6, 2025
French finance minister says eyes 2025 budget deficit in 5-5.5% range
Posted inEconomy

French finance minister says eyes 2025 budget deficit in 5-5.5% range

PARIS (Reuters) – French finance minister Eric Lombard said France’s budget situation was “serious” , adding he targeted a 2025 deficit in a range of 5% to 5.5% of gross…
Posted by January 6, 2025
Indonesia dishes out first free meals in programme targeting 83 million people
Posted inEconomy

Indonesia dishes out first free meals in programme targeting 83 million people

JAKARTA (Reuters) – Indonesian President Prabowo Subianto’s ambitious multi-billion dollar programme to provide free meals to more than a quarter of his people was officially underway on Monday, officials said,…
Posted by January 6, 2025

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