‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Dollar slips on bets US rates have peaked

Dollar slips on bets US rates have peaked

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci Acquire Licensing Rights NEW YORK, Nov 24 (Reuters) – The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector employment … Read more

Budget crisis shakes industry’s confidence in Germany

Budget crisis shakes industry’s confidence in Germany

German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday. The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including … Read more

India stocks set to hit new highs in 2024 as economy hums

India stocks set to hit new highs in 2024 as economy hums

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more

Holiday thins trading after data nudges dollar higher

Holiday thins trading after data nudges dollar higher

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/File Photo Acquire Licensing Rights SINGAPORE, Nov 23 (Reuters) – Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after … Read more

UK budget winners and losers: the pound, bonds and brewers

UK budget winners and losers: the pound, bonds and brewers

LONDON, Nov 22 (Reuters) – Britain’s finance minister on Wednesday announced a raft of measures aimed at reviving the sluggish economy without upsetting markets, but a degree of caution over the outlook for borrowing and inflation rattled bonds and sterling. Nerves about cuts to social security payments were minor. Traders had feared a broader set … Read more

Big investors say US markets rally could prove short-lived

Big investors say US markets rally could prove short-lived

NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the … Read more

Dutch election: Wilders’ far-right party set for gains

Dutch election: Wilders’ far-right party set for gains

Dutch will get first new PM in over a decade Polls indicate at least three parties still battle for top spot Talks to form coalition government usually take months Far-right, left, up in recent polls AMSTERDAM, Nov 22 (Reuters) – Voters in the Netherlands cast their ballots on Wednesday in a close election which opinion … Read more

India stocks set to hit new highs in 2024 as economy hums – Reuters poll

India stocks set to hit new highs in 2024 as economy hums – Reuters poll

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more