Factbox-Greenland’s rich but largely untapped mineral resources
(Reuters) – U.S. President-elect Donald Trump last week reiterated his interest in taking control of Greenland, a semi-autonomous territory of Denmark, which could be useful for the U.S. because of its strategic location and rich mineral resources. A 2023 survey…
Exclusive-US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation…
China-Russia 2024 trade value hits record high – Chinese customs
BEIJING (Reuters) – The value of China’s imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday, as the two countries’ leaders hailed bilateral relations. China-Russia yuan-denominated trade…
ECB seeking middle ground with rate cuts, Lane tells newspaper
FRANKFURT (Reuters) -The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB chief economist Philip Lane told an Austrian newspaper….
Japan 2025 outlook shows growth, wage hikes, and monetary policy shifts- Barclays
Investing.com– Barclays (LON:BARC) analysts project Japan’s economy will see a resurgence in 2025, driven by domestic demand and robust wage growth, despite risks from U.S. trade policy and political uncertainty. Real gross domestic product (GDP) is expected to grow by…
Sinking U.S. equity risk premium rings alarms: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Theory suggests that the divergence in value between U.S. stocks and bonds will eventually get so extreme that investors will need to reduce their exposure to ultra-pricey equities and start loading up on beaten-down…