Fed’s Kugler, Daly say job not done on taming inflation
By Ann Saphir (Reuters) -Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank’s job on taming inflation is not yet done, but also do not want…
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China seeks to bolster ports and aviation hubs in western regions
(Reuters) – China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure such as ports and aviation…
South Korea’s acting president moves to reassure allies, calm markets after impeachment
By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies and calm financial markets a day after President…
TD Cowen 2025 view: Breaking down AI’s impact on multiple levels
Investing.com — Artificial intelligence (AI) technology is expected to profoundly transform the global economy in the coming years, with the U.S. at the forefront. In a recent extensive report, TD…
Saudi Arabia’s inflation reaches 2% in November
RIYADH (Reuters) – Saudi Arabia’s annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9% in October, according to government data released on Sunday, again driven…
Analysis-Macron has a new prime minister but the same old problems
By Michel Rose PARIS (Reuters) – When veteran centrist Francois Bayrou, France’s new prime minister, was education minister in the 1990s, his plan to increase subsidies for private schools led…
How consumers and business might be impacted by potentially sweeping tariffs
Investing.com — The introduction of potentially sweeping tariffs could significantly reshape the economic landscape for both consumers and businesses, as flagged by analysts at Yardeni Research. These measures, often presented…
China pledges more stimulus in monetary policy shift
Investing.com — China has pledged to implement more proactive fiscal stimulus measures and adopt moderately looser monetary policies in 2025, as per official readout from a key policy meeting held…
Trump says he has no plans to remove Powell as Fed chair
Investing.com — President-elect Donald Trump has stated he has no intention of replacing Federal Reserve Chair Jerome Powell, whose term extends until May 2026. In an interview with NBC’s Kristen…
Exclusive-China regulators tell banks to expedite offshore company listings, sources say
By Selena Li, Scott Murdoch, Julie Zhu and Kane Wu SYDNEY/HONG KONG (Reuters) – Regulators in mainland China and Hong Kong have told some of the world’s biggest investment banks…