Posted inEconomy
Asia stocks weighed by South Korea; busy week for central banks
By Wayne Cole SYDNEY (Reuters) – Asian shares were dragged by a slide in South Korea on Monday ahead of a packed week of central bank meetings that should see…
Posted inEconomy
Demand for UK workers crashes in budget aftermath, REC survey shows
By Andy Bruce (Reuters) – Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs…
Posted inEconomy
At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria
By Michelle Conlin NEW YORK (Reuters) – Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the…
Posted inEconomy
Morning Bid: China inflation eyed, global political uncertainty bubbling up
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Attention turns to China on Monday and the release of November inflation data, with global investor…
Posted inEconomy
Trump says he will not try to replace Fed’s Powell
(Reuters) – U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. “No,…
Posted inEconomy
Could US tariffs ramp-up deflationary forces in Europe?
Investing.com — President-elect Donald Trump has already signaled that trade tariffs are likely to form part of his political agenda, but against concerns that a tit-for-tat U.S.-EU trade spat could…
Posted inEconomy
BCA on why Trump’s immigration policies may not mean a tighter jobs market
Investing.com — BCA Research challenged the assumption that Trump’s immigration policies will tighten the labor market and stoke inflation in a note to clients this week. An analyst at the firm…
Posted inEconomy
Here’s what investors can expect from the ECB this week
Investing.com — The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points to 3% during its December 12 meeting, UBS analysts highlighted in a recent…
Posted inEconomy
What is the 2025 economic outlook in a new leadership and policy era
Investing.com — With Donald Trump securing his second presidential term with unified congressional support, both the US and the global economic outlook are set to change significantly in 2025. In…
Posted inEconomy
US clears export of advanced AI chips to UAE under Microsoft deal, Axios says
(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company’s highly-scrutinized partnership with…