Take Five: Bracing for ‘Trump 2.0’
(Reuters) -Donald Trump’s sweep to victory in the U.S. presidential election has ignited the so-called “Trump trade”, with the dollar, crypto and U.S. stocks all surging, as investors assess the global implications of his return to power. Germany is grappling…
Analysis-RBNZ’s unusually long summer break argues for extra insurance on rates
By Stella Qiu (Reuters) – New Zealand’s central bank will be under greater pressure to ease policy aggressively this month as its rate meeting calendar leaves an unusually long three-month gap until its next gathering, arguing for extra insurance against…
Indonesia gives small, medium businesses six-month window for loan forgiveness
JAKARTA (Reuters) – Indonesia has opened a six-month window until May 2025 for certain businesses to receive full loan forgiveness from state banks, a policy that aims to boost loan and economic growth, according to details of a new regulation….
Vietnam says Temu, Shein must register with government or be blocked
HANOI (Reuters) -Vietnam said Chinese online retailers Shein and Temu need to register with the government before the end of November or it will block their internet domains and apps from being used in the country. Vietnam’s government and local…
Montreal dockworkers’ union rejects offer; lockout begins
By Divya Rajagopal (Reuters) -The Montreal Longshoremen’s Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and the union said on Sunday. The MEA said in a…
Japan stocks higher at close of trade; Nikkei 225 up 0.18%
Investing.com – Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Railway & Bus and Services sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.18%. The best performers of the…