China pushes insurers to invest billions in latest move to support market
SHANGHAI/HONG KONG (Reuters) -China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government’s latest effort to support equity markets. Authorities will in the first half of this year call on
S.Africa’s Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut
Singapore December core inflation at 1.8% y/y, lowest since November 2021
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.8% in December from a year earlier, higher than economist forecasts and the lowest in more than three years, official data showed on Thursday. The core inflation rate, which excludes private road
Japanese investors boost foreign stock purchases on Fed rate-cut hopes
(Reuters) – Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while a strong yen also lifted domestic buying power. They invested a
Tesla to raise prices of all cars in Canada from Feb. 1, website shows
(Reuters) – Tesla (NASDAQ:TSLA) will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with Model 3 prices going up by as much as C$9,000 ($6,254.78). Model Y prices will increase up