US money market funds saw significant demand before US elections
(Reuters) – U.S. investors moved large amounts of money to the safety of money market funds in the week to Nov. 6 as they cautiously awaited the U.S. presidential election…
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India inflation to rise further to 5.81% on rising food costs: Reuters poll
By Anant Chandak and Rahul Trivedi BENGALURU (Reuters) – Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable…
Trump adds to internal strife hindering EU competitiveness push
By Philip Blenkinsop and Anita Komuves BUDAPEST (Reuters) – The European Union’s task of boosting competitiveness to catch up with rivals the United States and China has gained fresh urgency…
China’s cabinet approves measures to boost trade growth
BEIJING (Reuters) – China’s cabinet on Friday approved measures to boost growth in the country’s foreign trade, state media reported, after October exports grew at the fastest pace in over…
China raises local government debt ceilings to revive economy
SINGAPORE/SHANGHAI (Reuters) -China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or…
Most Americans expect Trump to increase US debt, Reuters/Ipsos poll finds
WASHINGTON (Reuters) – Most Americans believe President-elect Donald Trump will push the U.S. government deeper into debt in his new term, though most Republicans do not share Democrats’ concerns over…
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
By Emma Farge GENEVA (Reuters) – The world was hit by so many floods and landslides in 2024 that it triggered the aid sector’s first multi-disaster insurance pay-out, the Red…
China kicks off $1.4 trln in fiscal support with local government debt swaps
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China will let local governments issue an additional 6 trillion yuan ($837.7 billion) in bonds to swap for off-balance sheet or “hidden”…
S&P 500 futures cross 6,000 mark as equities ride higher on Trump’s victory
(Reuters) – Futures tracking the benchmark S&P 500 were trading above the 6,000-point mark on Friday, with equity markets set for an upbeat end to an action-packed week that saw…
German voters and opposition keep heat on Scholz for early election
By Christian Kraemer and Sarah Marsh BERLIN (Reuters) – Germany’s main opposition leader Friedrich Merz criticised Chancellor Olaf Scholz on Friday as “irresponsible” for delaying early elections, as an opinion…