Investing.com – BCA Research suggests that upcoming rate cuts may arrive too late to counteract an impending recession. In a recent note, BCA pointed out that the effects of monetary…
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Exclusive-Chinese fund manager asks staff to return excess pay from past five years, sources say
By Julie Zhu and Selena Li HONG KONG (Reuters) – A top 10 Chinese fund manager has asked senior executives to return pay received over the past five years that…
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Investing.com — After the market reopened following the Labor Day weekend, tech stocks faced significant pressure in a broader risk-off market. However, analysts at Wedbush remain unphased by the latest…
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By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan’s budget demands hit a record for the next fiscal year, exceeding $800 billion, the finance ministry said on Wednesday, as…
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BERLIN (Reuters) – German exporters are staring down a recession in foreign trade, with sentiment in the sector growing alarmingly dark, the BGA trade lobby group said on Wednesday. For…
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KYIV (Reuters) – An International Monetary Fund mission began work on Wednesday on the fifth review of its $15.6 billion lending programme to Ukraine amid a major wartime government reshuffle.…
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JAKARTA (Reuters) – An Indonesian parliamentary committee and the government have reached agreement on key economic assumptions for 2025 for the new administration led by Prabowo Subianto, who takes office…
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Tom Lee, managing partner and head of research at Fundstrat Global Advisors, said he expects stocks to face a 7% to 10% decline in the next two months, creating the…
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By Nevzat Devranoglu ISTANBUL (Reuters) -Turkey’s fiscal policy will be critical to ensure that inflation remains on its downward path now that aggressive interest rate hikes are beginning to yield…
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Investing.com — US futures dip following a downbeat day to kick off September for Wall Street. Technology names, in particular artificial intelligence focal point Nvidia (NASDAQ:NVDA), saw their share prices slump…