Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
Jan 15, 2025 10:19 am UTC| Investing Research & Analysis
Indonesias central bank, Bank Indonesia (BI), unexpectedly reduced its benchmark 7-day reverse repurchase rate by 25 basis points to 5.75% on Wednesday, signaling a return to monetary easing. This marks the first cut since...
UK Water Companies See Investment Risk Decline After Regulatory Decision
Jan 15, 2025 10:13 am UTC| Investing Business
Investment risks for UK-listed water companies have significantly reduced following a key regulatory update, according to Morgan Stanley analysts. The decision allows water bills in England and Wales to rise more than...
Yen Gains on BOJ Rate Hike Bets; Pound Steady Amid Cooling UK Inflation
Jan 15, 2025 10:03 am UTC| Insights & Views Investing
The Japanese yen strengthened on Wednesday amid growing expectations of a Bank of Japan (BOJ) rate hike, while the pound remained stable as cooling UK inflation offered some relief. Markets, however, treaded cautiously...
U.S. Tightens Chip Export Rules, Targeting China Amid Rising Tensions
Jan 15, 2025 09:57 am UTC| Investing Business
The U.S. is ramping up efforts to limit the export of advanced semiconductor chips to China, according to Bloomberg. New regulations aim to push manufacturers like TSMC, Samsung, and Intel to scrutinize customers for ties...
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Jan 15, 2025 09:50 am UTC| Investing Market Moving News Research & Analysis
The SP 500s growth for Q4 2024 heavily depends on technology stocks, according to Barclays strategists. Historically, Januarys performance often sets the tone for large-cap US equities. Barclays analysis shows that a...
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Jan 15, 2025 09:37 am UTC| Research & Analysis Investing
US stock futures climbed early Tuesday as traders anticipated economic data and corporate earnings from major Wall Street banks. Producer price index (PPI) data, expected later in the day, will offer insights into...
Asian Stocks Cautiously Higher Amid US Inflation Data Anticipation
Jan 15, 2025 09:22 am UTC| Business Investing
Asian stocks edged higher on Wednesday, mirroring Wall Streets overnight gains, but investor caution ahead of U.S. inflation data kept advances muted. Market participants closely monitor the Consumer Price Index (CPI) for...
Leonardo da Vinci’s incredible studies of human anatomy still don’t get the recognition they deserve
South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s