Morning Bid: Tentative calm in Seoul, US juggernaut rolls on
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. As a degree of calm descends on South Korean markets, for now at least, Asia is set for a positive open on...
Mexico's Elektra shares deepen losses, Moody's flags 'reputational risks'
MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of volatile trades after the local stock...
Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) - President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash...
Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed
- The outlook for economic growth picked up in recent weeks amid expectations for the labor market to remain steady over the next year, but concerns that potential...
US economy grew slightly in recent weeks, Fed survey says
(Reuters) -U.S. economic activity has expanded slightly in most regions since early October, with employment growth "subdued" and inflation rising at a modest pace and businesses...
US Fed's Powell does not see Trump installing 'shadow' chair
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S. central...
Fed can take cautious approach to rate cuts amid economic strength: Powell
-- Federal Reserve Chair Jerome Powell said the Fed can take a "little more cautious" approach in cutting rates toward neutral as the economy remains in good...
West Africa central bank keeps policy rate at 3.50%
DAKAR (Reuters) - West Africa's central bank, the BCEAO, kept its main lending rate unchanged at 3.50% in a decision announced in a statement on Wednesday.
Analyst lists key questions for China in 2025
-- Forecasting China’s economic trajectory is never straightforward, but ING analysts laid out ten pivotal questions to watch in 2025. These questions span growth...
BlackRock Investment Institute goes further 'overweight' on U.S. equities
(Reuters) - The BlackRock (NYSE:BLK) Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater adoption of AI unlocks buying...