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Bank of Korea to cut rates on Jan. 16, may ease just once this quarter amid political turmoil: Reuters poll

January 14, 2025

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will cut its base rate by a quarter-point on Thursday, a month earlier

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Australia consumer sentiment index dips 0.7% in Jan

January 14, 2025

SYDNEY (Reuters) – Australian consumer sentiment dipped for a second month in January as financial stress dominated at the start of the

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Six EU countries call for lowering of G7 price cap on Russian oil

January 14, 2025

BRUSSELS (Reuters) -Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put

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Traffic falls in New York City after $9 congestion fee introduced

January 14, 2025

(Reuters) – New York City transit officials said on Monday that traffic fell by 7.5% last week and 273,000 fewer cars entered

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Markets can weather a ‘no landing’ scenario, Deutsche Bank says

January 13, 2025

Investing.com — Markets are struggling in the wake of a surging Treasury yields on fresh fears disinflation could be stalling even as

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Morning Bid: No let up from dollar, US yield squeeze

January 13, 2025

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  A sea of red across most equity markets and no

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US Fed bank boards more diverse this year than last

January 13, 2025

(Reuters) – The boards of directors of the Federal Reserve’s 12 regional banks have grown more diverse by gender and race in

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Top House Republican says should be conditions on California wildfire aid

January 13, 2025

WASHINGTON (Reuters) – Republican U.S. House Speaker Mike Johnson said on Monday that Congress should place conditions on aid to Los Angeles

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Analysis-UK’s Reeves struggles to find ways out of market slump

January 13, 2025

By William Schomberg LONDON (Reuters) – Britain’s finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market slump,

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Crypto firm Tether and its founders finalising move to El Salvador

January 13, 2025

By Federico Maccioni DUBAI (Reuters) – Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world’s

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New York Fed survey finds mixed inflation expectations in December

January 13, 2025

By Michael S. Derby NEW YORK (Reuters) -U.S. consumers’ outlook on the expected path of inflation was mixed in December amid rising worries

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Russian central bank dismisses retail deposit freeze rumours

January 13, 2025

MOSCOW (Reuters) – The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen

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Eurozone economy to see “weakness” at the start of 2025, Barclays analysts say

January 13, 2025

Investing.com – The Eurozone is set to see a weak start to 2025 after likely stagnating at the end of last year, according

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Argentina markets look to rate cut, crawling peg to add fuel to New Year rally

January 13, 2025

By Walter Bianchi BUENOS AIRES (Reuters) – Investors in Argentina are betting on a potential interest rate cut and a slower ‘crawling peg’

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European Central Bank joins Bluesky, rival to Elon Musk’s X

January 13, 2025

By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to

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UBS sees scope for the Fed to cut by a further 50bps later this year

January 13, 2025

US stocks ended last week lower after a stronger-than-expected December jobs report fueled concerns about the Federal Reserve’s pace of interest rate

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