Japan stocks lower at close of trade; Nikkei 225 down 0.22%
Investing.com – Japan stocks were lower after the close on Friday, as losses in the Communication, Steel and Transportation Equipment sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.22%. The best performers of the session…
Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers
By Mimosa Spencer PARIS (Reuters) – Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines to emphasize scarves, belts, wallets…
Trump transfers all Trump Media shares into a trust
Investing.com– President-elect Donald Trump this week transferred his entire stake in Trump Media & Technology Group Corp (NASDAQ:DJT) shares into a revocable trust of which he is the sole beneficiary, an SEC filing showed on Thursday evening. Trump moved 114.75…
Private equity faces an exit problem in Europe as bigger deals beckon
By Emma-Victoria Farr and Andres Gonzalez LONDON (Reuters) – Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making…
BOJ Governor Ueda’s comments at news conference
(Reuters) – The Bank of Japan kept interest rates unchanged on Thursday but one dissenting board member’s proposal to push up borrowing costs showed the central bank remains on track to tighten policy early next year. As widely expected, the…
Investors trim bets again on Bank of England rate cuts in 2025
LONDON (Reuters) – Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year after the U.S. Federal Reserve signalled it would move slowly with reducing borrowing costs. Interest rate futures on Thursday…