Japan set to approve $87 billion economic stimulus this week
By Yoshifumi Takemoto TOKYO (Reuters) – Japan’s ruling coalition on Wednesday agreed with a key opposition party on the draft of an economic stimulus package, clearing a major hurdle for the $87 billion package designed to help cushion the blow…
Indonesia central bank holds rates steady, as expected
JAKARTA (Reuters) – Indonesia’s central bank held interest rates unchanged on Wednesday, as expected, saying policy was focused on maintaining stability in the rupiah currency while making sure inflation stays within its target range. Bank Indonesia (BI) kept the benchmark…
UK consumer inflation rose more than expected in October
Investing.com – UK inflation rose more than expected last month, climbing back above the Bank of England’s target and potentially stalling further interest rate cuts. Annual consumer price inflation climbed to 2.3% in October from 1.7% in September, which had…
Trump to interview Warsh, Rowan for Treasury job on Wednesday, Bloomberg News reports
(Reuters) – U.S. President-elect Donald Trump is scheduled to interview former Federal Reserve Governor Kevin Warsh and Apollo Global Management (NYSE:APO) CEO Marc Rowan on Wednesday for the post of Treasury Secretary, Bloomberg News reported on Tuesday, citing people familiar…
Trump, Musk watch SpaceX launch Starship, booster misses landing
By Joey Roulette (Reuters) -Elon Musk’s SpaceX launched its giant Starship rocket to space from Texas on Tuesday, advancing the ship’s spaceflight abilities but botching an attempt to bring its booster back to land as U.S. President-elect Donald Trump watched…
Japan stocks lower at close of trade; Nikkei 225 down 0.08%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Gas & Water and Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.08%. The best performers…