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France’s CAC 40 drops 1% on political woes, Stellantis slides after CEO exit
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Exclusive-Russia’s VTB expects rouble to stabilise around 100/dollar, CEO says
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Morning bid: Trump changes tune on strong dollar
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Exclusive-Kioxia sets IPO price range of 1,390-1,520 yen per share, sources say
Exclusive-UN calls for $2.6 trillion investment to reverse land degradation
Date: December 2, 2024
By Simon Jessop and Pesha Magid RIYADH (Reuters) – Restoring the world’s degraded land and holding back its deserts will require at least $2.6 trillion in investment by the end of the decade, the U.N. executive overseeing global talks on the issue told Reuters, quantifying the cost for the first time. More frequent and severe...
Dollar edges higher amid rate, political uncertainty
Date: December 2, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen’s recent rebound was underpinned by wagers on rising rates at home. The dollar also drew some verbal support from U.S. President-elect Donald Trump...
Asia stocks rise after Wall Street records; dollar rebounds
Date: December 2, 2024
By Kevin Buckland TOKYO (Reuters) – Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the dollar bounced back from multiweek lows against the yen and British pound in a crucial week for the U.S. interest rate outlook. Chinese shares got an additional boost from a robust reading in a...
London’s FTSE slips on defence drag, eyes strong monthly gain
Date: November 29, 2024
(Reuters) – UK’s FTSE edged lower on Friday amid low trading volumes, as losses in defence shares outweighed strength in miners, with the benchmark stock index on track for strong gains in a month marked by U.S. elections and geopolitical tensions. The FTSE 100 edged 0.1% lower at 1045 GMT, while the domestically focused mid-cap...
World stocks head for biggest monthly gains since May as Trump trades lift Wall Street
Date: November 29, 2024
By Naomi Rovnick LONDON (Reuters) -Global shares headed on Friday for their biggest monthly gains since May on hopes for strong U.S. growth, while Japanese rate hike bets and shifting euro zone monetary policy expectations put the dollar on track for its first weekly loss in four. MSCI’s broad gauge of world stocks traded steady...
STOXX 600 muted ahead of inflation data, eyes first monthly gain in three
Date: November 29, 2024
(Reuters) – Europe’s STOXX 600 opened on a muted note on the final day of a turbulent week, with investors assessing France’s political uncertainty and awaiting euro zone inflation data to see if a bigger European Central Bank rate cut is on the cards for December. The pan-European main stock index was flat at 0815...