Morning bid: China’s shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump’s return to the White House, investors were…
Economy
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China pushes insurers to invest billions in latest move to support market
SHANGHAI/HONG KONG (Reuters) -China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government’s latest effort to support equity markets.…
Singapore December core inflation at 1.8% y/y, lowest since November 2021
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.8% in December from a year earlier, higher than economist forecasts and the lowest in more than three years, official data…
S.Africa’s Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that…
Japanese investors boost foreign stock purchases on Fed rate-cut hopes
(Reuters) – Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while…
Factbox-How likely is a Bank of Japan rate hike this week?
By Leika Kihara (Reuters) -The Bank of Japan concludes its first policy meeting of the year on Friday with the outcome to be announced days after the inauguration of U.S.…
American firms in China fearful of US-China trade turmoil at 5-yr high, survey shows
By Casey Hall SHANGHAI (Reuters) – More than half of the American businesses in China, the highest level in five years, say they are concerned about a further deterioration in…
Dollar treads water as Trump tariff clarity, central banks awaited
By Kevin Buckland TOKYO (Reuters) – The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from…
UBS sees growth moderation in Asia Pacific amid US tariff risks, dollar strength
Investing.com– Economic growth in the Asia-Pacific region is likely to face headwinds in 2025 due to potential U.S. tariff increases, a strong dollar, and weaker export demand, UBS analysts said…
People leave New Zealand in record numbers in year to November
By Lucy Craymer WELLINGTON (Reuters) -People leaving New Zealand hit record levels in the year to November 2024, in another sign of the weakness in the country’s economy that moved…