SYDNEY/LONDON, Dec 16 (Reuters) – Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged equity valuations, kicking off a week packed with central bank meetings and major economic data. Figures from China showed retail sales rose just 3.0% in November, compared with…
(Bloomberg) — A year ago, equity investors and strategists braced for a potential turbulent 2024, worrying about the risk of a hard landing for the US economy and interest rates cuts that could come too late to prevent it. Most Read from Bloomberg Fast forward to now: 2024 is set to enter Wall Street’s hall…
TOI correspondent from Washington: In a warning shot that echoed across major world capitals and business majors on Tuesday, US President-elect Donald Trump said he will issue executive orders on day one of his presidency imposing new tariffs on all imported goods from China, Mexico and Canada, Washington’s three largest trading partners, to stop the…
Global markets rose Monday as investors responded positively to President-elect Donald Trump‘s nomination of billionaire hedge fund manager Scott Bessent as Treasury secretary. European and Asian markets largely tracked Wall Street‘s gains last week, reflecting optimism over a potentially market-friendly economic plan. In Europe, Germany‘s DAX climbed 0.7 percent to 19,461.11, while France‘s CAC 40…
Stocks rise as Donald Trump picks Scott Bessent as new Treasury Secretary – latest updates Jump to content Source link
Lima, Peru–(Newsfile Corp. – November 18, 2024) – Chinese President Xi Jinping has wrapped up his state visit to Peru, where he addressed the 31st APEC Economic Leaders’ Meeting and gave a written speech at the APEC CEO Summit. At these key meetings, President Xi emphasized China’s commitment to fostering an inclusive, balanced, innovative and…
While the Hong Kong stock exchange slumped, mainland markets performed better. The Shanghai Composite index closed broadly flat. Mr Wrigley said Trump’s victory would probably force the world’s second-largest economy to embark on more stimulus, which could insulate domestic markets from the impact. China’s highest state body, the National People’s Congress, is currently in session…