Month: December 2024

China expected to leave lending benchmarks unchanged amid rate risks

SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as falling yields, shrinking net interest margins and a weakening yuan create limits for immediate monetary easing. Yield differentials between…

US Congress has two days to avert shutdown after Trump rejects spending bill

By Richard Cowan, Bo Erickson, Andy Sullivan and Katharine Jackson WASHINGTON (Reuters) – The U.S. Congress has two days to avert a partial government shutdown after Republican President-elect Donald Trump rejected a bipartisan deal late on Wednesday and demanded lawmakers…

Analysis-Italy’s bonds poised for gains at expense of Germany and France in 2025

By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Italy’s uncharacteristic political stability is likely to boost its government bonds next year, analysts say, as uncertainty over Germany and France undermines investor confidence in them. While most of the risks…

RTX aims to boost India headcount by 14% in 3 years, execs say

By Sai Ishwarbharath B BENGALURU (Reuters) – U.S. aerospace and defence giant RTX Corp plans to hire 1,000 more people to its 7,000-strong workforce in India by 2027, its top executives told Reuters, as it looks for more engineers and…

Foxconn exec in France to discuss Nissan stake purchase from Renault, Central News Agency reports

TAIPEI (Reuters) – A senior executive of Taiwan-based contract manufacturer Foxconn (SS:601138) is in France to discuss a potential stake purchase in Nissan (OTC:NSANY) Motor from the Japanese automaker’s biggest shareholder Renault (EPA:RENA), Central News Agency reported on Thursday. Jun…

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.65%

Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Machinery, Plastic and Optoelectronic sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.65%. The best performers of the session on…