Ample supply, slow demand to temper oil price gains in 2025
By Anushree Mukherjee and Brijesh Patel (Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are…
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Indonesia’s Dec inflation at 1.57% y/y, as expected
JAKARTA (Reuters) – Indonesia’s annual inflation rate in December was 1.57%, barely changed from 1.55% in the previous month, official data showed on Thursday, and close to economists’ estimate of…
Morning Bid: Markets usher in 2025 with Trump trepidation
A look at the day ahead in European and global markets from Rae Wee An air of caution lingered over markets on Thursday as Donald Trump’s impending return to the…
Thai economic uncertainty has increased, central bank minutes say
BANGKOK (Reuters) – Uncertainty around the Thai economy has significantly increased primarily due to the unclear impact of possible U.S. economic policies, minutes of the Bank of Thailand’s Dec. 18…
Asia’s factories end 2024 on weak footing as Trump 2.0 risks mount
(Reuters) – Asia’s factory powerhouses ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and persistently…
Asia shares get off to bumpy start in 2025 with Trump’s policies in focus
By Rae Wee SINGAPORE (Reuters) – Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the…
Indonesia says 2024 budget deficit lower than 2.7% of GDP estimate
JAKARTA (Reuters) -Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said…
Earthquake of magnitude 4.7 strikes Cobb, California, USGS says
(Reuters) – An earthquake of magnitude 4.7 struck Cobb in northern California on Wednesday, the United States Geological Survey (USGS) said. The quake was at a depth of 1.1 Km…
Growth in China’s factory activity slows, Caixin PMI shows
BEIJING (Reuters) – China’s factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders amid concerns over the trade outlook, a…
Bank of Korea governor says monetary easing this year will be flexible
SEOUL (Reuters) – South Korea’s central bank governor said on Thursday the pace of monetary policy easing would need to be flexible this year due to heightened political and economic…