Inflation, elections and war dominated 2024
By Simon Robinson (Reuters) – Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up in prices for everything from eggs…
Economy
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Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts…
Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years
By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’ forecasts and the smallest rise in nearly…
Dollar steady after benign US inflation eases worries over rates
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about the pace of…
Asia shares rally on US inflation relief
SYDNEY (Reuters) – Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington…
Brace! Risks stack up for the global economy in 2025
By Mark John (Reuters) – No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened…
UK business morale falls to 2024 low but pay growth strong, surveys show
LONDON (Reuters) – British business confidence fell to its lowest level of 2024 in December but employers were a bit more optimistic about the wider economy, according to a survey…
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
(This Dec 20 story has been to remove the reference to China’s crude imports peaking as soon as 2025 in paragraph 9) By Arathy Somasekhar HOUSTON (Reuters) – Oil prices…
Trump names former staffer Katie Miller to Musk-led DOGE panel
WASHINGTON (Reuters) – President-elect Donald Trump on Sunday named Katie Miller, who served in Trump’s first administration and is the wife of his incoming deputy chief of staff, as one…
Singapore Post fires CEO over handling of whistleblower report
(Reuters) -Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by…