Morning Bid: Resilience is the name of the game, Japan CPI eyed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Risk assets in Asia are set to open positively on Friday after a show of fortitude…
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Analysis-Corporate China seeks dollars as trade tensions rise
SHANGHAI (Reuters) – Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign…
Marjorie Taylor Greene to work with Musk’s new government efficiency panel
WASHINGTON (Reuters) – Republican Marjorie Taylor Greene said on Thursday she will chair a U.S. House of Representatives panel on government efficiency, working with billionaire Elon Musk and Vivek Ramaswamy…
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions
By Dietrich Knauth, Marie Mannes, Terje Solsvik (Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in…
Fed hawks right to worry about US inflation after election: Macquarie
Investing.com — Hawkish-leaning Federal Reserve members have recently flagged fresh worries about the risk of a pick-up in inflation — and Macquarie believes these jitters may be justified as recent…
SNB board member says inflation is within target range
By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was comfortably within the range it hoped to see. Inflation in…
Fed may need to slow pace of rate cuts, Fed’s Goolsbee says
Investing.com — Chicago Federal Reserve President Austan Goolsbee said Thursday eh continued to sees lower rates ahead, though cautioned that the pace of cuts may need to slow amid uncertainty about where…
Citadel’s Griffin says he would be open to selling minority stake in his hedge fund
By Carolina Mandl NEW YORK (Reuters) -Citadel’s founder Ken Griffin said on Thursday that he would be open to selling a small stake in his hedge fund at some point…
IMF will not assess Trump’s tariff, tax-cut plans until details emerge
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund will assess U.S. President-elect Donald Trump’s tariff and tax-cut policies as details emerge, but it’s “too early to speculate” on…
Gaetz withdraws from attorney general consideration
WASHINGTON – Former Representative Matt Gaetz of Florida has announced his decision to withdraw his name from consideration for the position of Attorney General in President-elect Donald Trump’s administration. Gaetz,…