France’s brewing political crisis is spilling into financial markets with French borrowing costs hitting the same level as debt-ridden Greece’s for the first time.
Month: November 2024
Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe’s automobile sector even as many car giants come under pressure from the threat of U.S. […]
Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe’s automobile sector even as many car giants come under pressure from the threat of U.S. […]
Europe stocks higher; ASML up 3.7% on chip report; Remy Cointreau choppy as outlook disappoints
European markets climbed on Thursday, rallying after being in the doldrums yesterday.
Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China’s chip industry that stop short of earlier proposals.
Apple, Trump and a booming budget surplus: Ireland has much to mull over as voters head to the polls
A budget surplus and concerns over U.S. President-elect Donald Trump’s upcoming tax policies are some of the economic questions facing Ireland.
China’s yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level […]
South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009
This surprised economists polled by Reuters, which expected the BOK to hold rates.
Asia markets open mixed after Wall Street rally stalls; Bank of Korea rate decision in focus
The Bank of Korea is expected to hold its benchmark rate unchanged at 3.25% when its monetary policy committee meets later in the day.
U.S. stocks too expensive? Morningstar’s top exec reveals where he’s investing instead
“We believe markets outside the U.S. are more attractive than the U.S. largely from a valuation perspective,” Kunal Kapoor, CEO at Morningstar, said.