Taiwan stocks lower at close of trade; Taiwan Weighted down 1.39%
Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Transport and Machinery sectors led shares lower. At the close in Taiwan, the Taiwan Weighted lost 1.39%. The best performers of the session on…
German exports, industrial production rise more than expected
(Reuters) – German exports rose thanks to strong demand from countries outside the EU and industrial production rose more than expected in November, data from the statistics office showed on Thursday. Exports increased by 2.1% in November compared with the…
Asian FX bears firm as US rates, Trump tariff threats stay in focus: Reuters poll
By Himanshi Akhand (Reuters) – Bearish bets on most Asian currencies climbed to multi-month highs as prospects of fewer U.S. interest rate cuts this year continued to boost dollar demand, while the threat of potential U.S. tariffs undermined the appeal…
Column-Fed can soothe Trump or Treasuries, not both: Mike Dolan
By Mike Dolan LONDON (Reuters) – Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints about interest rates being “far too high.” It…
Musk discussed ways to oust British PM Starmer before next election, FT reports
(Reuters) -Billionaire Elon Musk has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday. Musk, the world’s richest person and a close ally…
Philippine cbank has room to further ease policy, governor says
MANILA (Reuters) – The Philippine central bank has room to ease monetary policy, its governor said on Thursday, following this week’s data showing annual inflation stayed within its 2% to 4% target range in 2024. “There’s still some room to…