Morning Bid: Hot US jobs data stoke yield fire, scold stocks
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. If the reaction in U.S. stocks, bonds and the dollar to Friday’s sizzling U.S. employment report…
Economy
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Israel to use withheld Palestinian tax income to pay electric co debt
By Steven Scheer JERUSALEM (Reuters) -Israel plans to use tax revenue it collects on behalf of the Palestinian Authority to pay the PA’s nearly 2 billion shekel ($544 million) debt…
JPMorgan asks staff to return to office five days a week, prompting complaints
By Nupur Anand, Isla Binnie (Reuters) -U.S. bank JPMorgan Chase (NYSE:JPM) on Friday asked its employees who are on hybrid work schedules to return to the office five days a…
What is the ‘Agentic AI’, dubbed as the next AI wave
Investing.com — Agentic AI, identified as the next major wave in artificial intelligence, is poised to redefine the landscape of technology and its applications. According to analysts at BofA Global…
Top 5 things to watch in markets in the week ahead
Investing.com — Inflation data this week will likely test investors mettle against the background of Friday’s robust jobs report and uncertainty over Donald Trump’s policy plans. Earnings season gets underway,…
China central bank governor Pan meets BOE’s Bailey in Beijing
SHANGHAI (Reuters) – People’s Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation,…
5 Important Events to Watch As We Start 2025
Investing.com — As we step into 2025, markets are navigating a delicate balance between optimism and caution. The past year saw remarkable gains, with the S&P 500 posting its best…
UN aviation agency says almost 12,000 people affected by release of data
OTTAWA (Reuters) – The U.N. aviation agency on Friday said that 11,929 individuals had been affected by the unauthorized release of recruitment application data records from April 2016 to July…
IMF chief sees steady world growth in 2025, continuing disinflation
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases its World Economic Outlook on Jan. 17, IMF Managing Director…
IRS says taxpayer service will suffer if Congress cuts modernization funds
By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that cannot be…