Morning bid: China’s shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump’s return to the White House, investors were delivered a bit of a diversion on Thursday with the announcement
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