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Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030...
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- Economy News (941)
Indonesia’s green power shift needs $92B, faces funding hurdles, coal addiction
Bank of England cuts rates to 3.75% as inflation eases and growth remains weak
Bank of Japan set for landmark rate hike in 30 years; markets to focus on BoJ’s comments
US CPI comes in below forecasts, boosting hopes of faster Federal Reserve rate cuts
US initial jobless claims drop by 13,000 to 224,000, signaling low layoffs
- Stock News (1051)
XPeng stock price has crashed 35%: Is it safe to buy the dip?
Broadcom stock is becoming Wall Street’s favourite AI trade for 2026: here’s why
US stocks rebound sharply: Nasdaq climbs over 1%, Dow up 300 points
Accenture beats estimates on AI demand, but shares slide on outlook
Here’s why the GE Vernova stock price crashed and what to expect
- Investing News (246)
Shopify says a daylong Cyber Monday outage has been resolved
Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’
Apple’s AI chief abruptly steps down
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law
Economy News
The Bank of England has lowered its benchmark interest rate from 4% to 3.75%, taking borrowing costs to their lowest level in nearly three...
Economy News
Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would...
Economy News
Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve...
Economy News
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal...
Economy News
Silver prices hit fresh record highs on Wednesday, above $66 per ounce. Gold prices also advanced on Wednesday, with softer labour market data from...
Economy News
India’s parliament has approved raising the foreign ownership cap in Indian insurance companies from 74% to 100%. The move marks a historic financial-sector liberalisation....
Economy News
The most consequential national security move President Donald Trump has made this year came in two documents released late this year. One redefined how...
Economy News
Brazilian Senator Flavio Bolsonaro, the son of jailed former President Jair Bolsonaro, is meeting with business and finance figures this week as he prepares...
Economy News
Warner Bros. Discovery on Wednesday recommended that shareholders reject an unsolicited takeover proposal from Paramount, escalating the high-stakes battle for control of the media...