Asia wary of Fed rate outlook, high bond yields
By Wayne Cole SYDNEY (Reuters) – Asian share markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector,…
Economy
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China’s ‘erotic clothing’ capital braces for Trump and e-commerce crackdown
By Casey Hall, Florence Lo and Xihao Jiang GUANYUN, China (Reuters) – In an industrial park being built with Chinese state support in the middle of a sprawling farming community,…
South Korean authorities to continue monitoring financial markets
SEOUL (Reuters) – South Korea’s finance ministry said on Monday authorities would continue monitoring financial and foreign exchange markets. South Korea’s parliament on Saturday voted to impeach President Yoon Suk…
North Korean media reports South Korean President Yoon’s impeachment
SEOUL (Reuters) – North Korean state media KCNA on Monday reported on the South Korean parliament passing President Yoon Suk Yeol’s impeachment vote on Saturday. Yoon was impeached in a…
Morning Bid: 2024 bull run in home stretch, China ‘data dump’ eyed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the final full trading week of 2024 with the monthly ‘China data dump’…
UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, and CEO Andrea Orcel said the price was adequate. The…
W Africa bloc offers junta-led states six months to rethink exit
By Camillus Eboh ABUJA (Reuters) – Mali, Burkina Faso and Niger will have a six-month grace period after their scheduled exit from West Africa’s main political and economic group next…
Italy’s Meloni pledges financial discipline as parliament debates budget
By Giselda Vagnoni ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday she would lead the government responsibly until the end of its mandate as parliament debates a…
Israel’s inflation slips to 4-month low of 3.4% in November
By Steven Scheer JERUSALEM (Reuters) – Israel’s inflation dipped in November, data from the Central Bureau of Statistics showed on Sunday, but staying above target and likely not enough to…
Top 5 things to watch in markets in the week ahead
Investing.com — The end of the year is coming into view but before then the Fed will deliver its final policy decision for 2024, along with the Bank of Japan…