Month: January 2025

China maintains stance on tariffs, says they benefit no one

Investing.com — China’s viewpoint on tariffs remains unchanged, according to He Yadong, a spokesperson from the Ministry of Commerce. During a briefing, he stated that tariffs would not be beneficial to anyone, including the United States. The commerce ministry has…

Exclusive-Putin growing concerned by Russia’s economy, as Trump mulls more sanctions

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW (Reuters) – President Vladimir Putin has grown increasingly concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge…

Third time lucky for ‘Year of the Bond’ call?: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -After two years of significant underperformance by bonds, investors may have a hard time swallowing claims that 2025 will be the “year of the bond”. But there are compelling reasons to believe this will…

Factbox-Five key challenges for the Russian economy in 2025

MOSCOW (Reuters) – The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges with key economic policymakers at odds on…

Puma shares indicated 11% lower after drop in full-year profit

(Reuters) – Shares in Puma (OTC:PMMAF) dropped 11% in pre-market trading on Thursday after the German sportswear maker late on Wednesday said it was dissatisfied with a decline in earnings last year, also announcing a cost-cutting programme. The firm said…

Asia FX bears retreat after less aggressive start to Trump’s tariff plans- Reuters poll

By Adwitiya Srivastava and Himanshi Akhand (Reuters) – Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump’s inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading partners, a Reuters poll…