Euro jump, rising yen put brakes on the dollar
By Tom Westbrook SINGAPORE (Reuters) – The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central bank policymaker, while the yen powered…
Economy
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UK house prices became slightly more affordable in 2024, Halifax says
By David Milliken LONDON (Reuters) – Buying a new home in Britain became a little more affordable this year as average wages rose faster than house prices and mortgage costs,…
Trump’s policies may pose medium-term risk to inflation, New Zealand central bank official says
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) – A top New Zealand central banker said on Thursday that U.S. President-elect Donald Trump’s economic policies could pose a medium-term risk…
Morning Bid: Tech stocks drag US indexes lower as tariff talk clouds markets
By Lewis (JO:LEWJ) Krauskopf (Reuters) – A look at the day ahead in Asian markets. Investors were grappling with fresh U.S. inflation data and its implications for Federal Reserve policy…
Microsoft denies training AI models on user data
(Reuters) -Microsoft on Wednesday denied claims that it uses customer data from its Microsoft (NASDAQ:MSFT) 365 applications, including Word and Excel, to train artificial intelligence models. The response came after…
French government creaks as Barnier’s budget woes weaken survival chances
By Elizabeth Pineau PARIS (Reuters) -The future for French Prime Minister Michel Barnier’s government looks bleak, with his struggles to push the 2025 budget through a polarised parliament increasingly likely…
BNP Paribas’ fund arm to exclude new oil and gas bonds
By Virginia Furness LONDON (Reuters) – BNP Paribas (OTC:BNPQY) Asset Management will no longer invest in new bonds issued by companies involved in oil and gas exploration and production, according…
Brazil’s Haddad to make TV address as markets eye spending cuts
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on Wednesday, the ministry said, adding he…
China growth to slow to sub 4% if Trump tariffs implemented: JPMorgan
Investing.com — JPMorgan analysts warned in a note Wednesday that China’s economic growth could slow to under 4% in 2025, a level unseen since its entry into the WTO in 2001,…
French markets wracked by budget fears; Barnier warns of ‘big storm’
By Harry Robertson and Amanda Cooper LONDON (Reuters) -French stocks and bonds fell sharply on Wednesday, driving the premium the government pays for long-term borrowing to its highest since the…