Ibovespa struggles as Brazilian real hits two-week lows amid rising inflation concerns
Brazil’s stock market, represented by the Ibovespa index, faced a challenging week, with the index falling by 1.3% on Friday,…
Dow and S&P 500 extend gains after Fed rate cut; Tesla hits $1T, chip stocks slip
US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday. The US…
Japan spent $20.7 billion on currency intervention on July 11
TOKYO (Reuters) – Japan spent 3.168 trillion yen ($20.69 billion) on dollar-selling intervention on July 11 and 2.367 trillion yen…
Asia FX steadies as dollar slides after Fed cuts interest rates
Investing.com– Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some…
Dollar set for small weekly gains after Fed rate cut
Investing.com – The U.S. dollar steadied Friday, set to end a volatile week with small gains as traders digested the…
China raises local government debt ceilings to revive economy
SINGAPORE/SHANGHAI (Reuters) -China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan…
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
By Emma Farge GENEVA (Reuters) – The world was hit by so many floods and landslides in 2024 that it…
NRG Energy posts Q3 core profit beat, raises annual forecast
(Reuters) – NRG Energy (NYSE:NRG) beat third-quarter core profit estimates on Friday due to lower supply costs across its service…
Canada adds less than expected jobs in October, wages rise
By Promit Mukherjee OTTAWA (Reuters) – Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data…
Europe’s banks brace for tougher competition under Trump 2.0
By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – European banks face an even tougher task to close an…