(Reuters) – U.S. President Donald Trump’s fast-changing tariff decisions have super-charged market volatility and investor uncertainty, with little respite in prospect in the days ahead. There is potential for another Trump surprise on anything from tariffs to geopolitics, alongside the usual set events such as U.S. inflation data. And investors are keenly watching one market …
By Naveen Thukral and Mohamed Ezz SINGAPORE/CAIRO (Reuters) – Global wheat imports are likely to drop this year as slowing economic growth among top buyers, a stronger greenback and higher local cereal output curb grain buying, putting pressure on prices despite world inventories headed for nine-year lows. Slower purchasing by top importers could put a …
Analysis-Global wheat import demand dented by local output, economic woes Read More »
KARACHI (Reuters) – Pakistan’s external financing needs will remain significant in the coming year, despite progress in rebuilding its foreign exchange reserves, Fitch Ratings said on Thursday. The South Asian nation needs to repay over $22 billion in external debt in the fiscal year 2025, including nearly $13 billion in bilateral deposits, Fitch said. “Securing …
Fitch says Pakistan faces big external financing risks despite economic progress Read More »
(Reuters) – German industrial production fell more than expected in December, decreasing by 2.4% compared with the previous month, the federal statistics office said on Friday. Analysts polled by Reuters had predicted a 0.6% fall. The office offers more detailed data on its website. (Reporting by Amir Orusov, Editing by Miranda Murray)
By Andy Home LONDON (Reuters) -The cobalt market is no stranger to boom and bust cycles but the current downturn is unprecedented and no-one is sure how long it’s going to last. London Metal Exchange (LME) cobalt has imploded from a high of $82,000 per metric ton in April 2022 to $21,550, the lowest level …
Another cobalt bust but this time it’s different: Andy Home Read More »
(Reuters) – Principal Financial Group reported an increase in fourth-quarter profit on Thursday, helped by higher premiums and fees in its specialty benefits business. The Des Moines, Iowa-based company’s premium and fees from its specialty benefits business, which provides employee benefit plans to small- and mid-sized businesses, rose 4% to $823.6 million in the quarter …
Principal Financial’s Q4 profit climbs on strength in specialty benefits business Read More »
(Reuters) -Argentine analysts nudged down their forecasts for this year’s inflation, according to the central bank’s market expectations survey published on Thursday, while also turning slightly more upbeat about economic growth in South America’s No. 2 economy. The new forecast of an annual inflation rate of 23.2% was 2.7 percentage points lower than the average …
Argentina analysts more upbeat on 2025 inflation, economic growth Read More »
By Milana Vinn (Reuters) – Ontario Teachers’ Pension Plan is exploring a potential sale of Mitratech that could value the provider of legal and compliance software at more than $4 billion, including debt, according to people familiar with the matter. Ontario Teachers’ has tapped investment bankers at Lazard to launch a sale process for Mitratech, …
By Ron Bousso LONDON – The burgeoning trade war between the United States and China has caught American gas exporters in the crossfire as they face the prospect of losing their edge in the world’s fastest-growing LNG market. Buyers of U.S. fuel will likely respond by redirecting more supply to Europe, where gas prices are …
Column-US risks losing long game in China LNG spat: Bousso Read More »
SAO PAULO (Reuters) – Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale full control of the iron ore project. The Baovale joint venture was established by the Brazilian mining …
Brazil’s Vale takes full control of Baovale iron ore project Read More »
