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Economy

Bank Indonesia delivers surprise rate cut to support growth

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to…
Economy

UK banks resist mortgage rate hikes amid money market turmoil

By Sinead Cruise and Lawrence White LONDON (Reuters) – Britain’s banks are accepting smaller profit margins and bigger risks on UK mortgage…
Economy

Futures muted with CPI, bank earnings ahead – what’s moving markets

Investing.com – US stock futures are steady ahead of the publication of a crucial US inflation report and the release of quarterly earnings…
Economy

US importers rush in goods from China as Trump tariff threat looms

By Lisa Baertlein and Ellen Zhang LOS ANGELES/BEIJING (Reuters) – U.S. imports from China finished the year strong after some companies stockpiled…
Stock

ASOS to close Atlanta distribution center

Investing.com — ASOS (LON:ASOS) on Wednesday announced plans to mothball its Atlanta distribution center in the second half of 2025, marking a…
Stock

Pfizer to sell $3 billion stake in Sensodyne maker Haleon

(Reuters) -Pfizer will sell shares worth 2.50 billion pounds ($3.05 billion) in Haleon, lowering its stake in the British consumer healthcare company…
Stock

European shares advance as bond yields ease; soft inflation powers UK stocks

(Reuters) – European shares opened higher on Wednesday due to broad-based gains as bond yields took a breather ahead of a crucial…
Stock

Indonesia stocks higher at close of trade; IDX Composite Index up 1.68%

Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Financials, Infrastructure and Agriculture sectors led shares…
Stock

S&P 500 still dependent on Tech to drive growth this season: Barclays

Investing.com — The S&P 500 (SPX) remains dependent on technology stocks to drive growth in the Q4 2024 earnings season, Barclays (LON:BARC)…
Investing

Here’s why the Iron ore and copper prices are surging

Copper and iron ore prices have started the year well even as the US dollar index and government bond yields surged. Iron…
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