Morning Bid: Fleeting respite from yields, dollar; Indonesia sets rates
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A pause in the global bond selloff took some wind out of the dollar’s sails and…
Economy
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Biopharma industry eyes 2025 bounceback, grapples with uncertainty over Trump return
By Deena Beasley SAN FRANCISCO (Reuters) – The biopharmaceutical industry is aiming for a 2025 reversal of last year’s slump in investor returns but remains wary over what President-elect Donald…
Canadian PM Trudeau to convene ministers on Trump’s inauguration day
By Ryan Patrick Jones (Reuters) – Canadian Prime Minister Justin Trudeau will hold a cabinet retreat on Jan. 20-21 focused on defending his country’s interests and boosting ties with the…
U.S. posts record $711 billion deficit for first three months of fiscal 2025
WASHINGTON (Reuters) – The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion…
Argentina inflation ticks up to 2.7% in December, ends 2024 at 118%
BUENOS AIRES (Reuters) -Argentine monthly inflation ticked up slightly in December, data showed on Tuesday, though the annual rate continued to slow amid tough austerity measures and spending cuts being…
Gaza ceasefire deal hopes lift region’s government bond markets
By Marc Jones LONDON (Reuters) – Hopes of a ceasefire deal to end the war in Gaza lifted the region’s government bond markets and Israel’s shekel on Tuesday as investors…
Key quotes from French Prime Minister Bayrou’s parliamentary address
PARIS (Reuters) – French Prime Minister Francois Bayrou on Tuesday told lawmakers that France was drowning in debt, but pledged to listen to ideas to renegotiate a landmark 2023 pension…
UK anti-corruption minister resigns over ties to ousted Bangladesh PM
By Andrew MacAskill and Catarina Demony LONDON (Reuters) -The British minister responsible for financial services and fighting corruption resigned on Tuesday after weeks of questions over her financial ties to…
Spanish leader’s opponents say ‘xenophobic’ foreign homebuyer tax will not be applied
By Corina Pons and David Latona MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez’s opponents on Tuesday said a proposed tax on property purchases by non-European Union residents was “xenophobic”…
Morgan Stanley on UK investing intentions
Investing.com – UK assets have been in the spotlight of late, and given this uncertainty prompted Morgan Stanley (NYSE:MS) to poll investors for their views, intentions, and positioning on UK…