By Jamie McGeever ORLANDO, Florida (Reuters) -Theory suggests that the divergence in value between U.S. stocks and bonds will eventually get so extreme that investors will need to reduce their exposure to ultra-pricey equities and start loading up on beaten-down Treasuries. If the so-called U.S. ‘equity risk premium’ (ERP) can be considered a useful indicator, …
Sinking U.S. equity risk premium rings alarms: McGeever Read More »
BEIJING (Reuters) – The value of China’s imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday, as the two countries’ leaders hailed bilateral relations. China-Russia yuan-denominated trade value grew 2.9% in 2024 from 2023, according to the data by China’s General Administration …
China-Russia 2024 trade value hits record high – Chinese customs Read More »
LONDON (Reuters) – The number of job vacancies in London’s financial sector dropped by almost a fifth in the last three months of 2024 compared with the previous quarter, to its lowest level since June 2020, Morgan McKinley’s London Employment Monitor on Monday showed. Job postings of 3,664 for the fourth quarter period were also …
London financial job vacancies hit 4.5-year low in Q4, says recruiter Read More »
(Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending on planned capital investments and a higher-than-anticipated dividend from the central bank could lead to …
India may record FY25 fiscal deficit at 4.7%-4.8% of GDP, Mint reports Read More »
By Clyde Russell LAUNCESTON, Australia (Reuters) – China’s imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness in crude oil. The raw data for the world’s biggest buyer of natural resources suggests that parts of the economy are performing solidly, but others …
Column-Structural shifts or price moves? China’s bifurcated commodity imports: Russell Read More »
HONG KONG (Reuters) – Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority said on Monday. The announcement came alongside others made by China’s central bank Governor Pan Gongsheng …
Hong Kong to expand yuan trade finance, Bond Connect schemes, HKMA says Read More »
BEIJING (Reuters) – China’s vehicle exports, including chassis, rose 22.8% to 6.41 million units, customs data showed on Monday. Exports of this segment in value terms were up 15.5% to $117.35 billion last year. (Reporting by Qiaoyi Li and Brenda Goh; Editing by Tom Hogue)
By Nikita Maria Jino (Reuters) – Premier Investments dived to a near one-year low on Monday and was set for the worst day in almost five years after the Australian retailer forecast weaker first-half results as customers globally struggled with rising costs of living. The company, owned by billionaire Solomon Lew, estimated global sales from …
Australia’s Premier eyes worst session in nearly 5 years on bleak retail outlook Read More »
ZURICH (Reuters) -UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss Finance Minister Ueli Maurer said on Saturday, with measures needed to reduce the risks of the enlarged bank. “If you look at the numbers alone and compare UBS with the Swiss economy, it is too …
Former Swiss finance minister warns about size of enlarged UBS, newspaper says Read More »
By Kylie Madry MEXICO CITY (Reuters) -Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so. Trump has promised sweeping tariffs on Mexico if it does not crack down on migrant …
Mexico will find a way to avoid US tariffs, minister says Read More »
