Market

Despite strong results from rivals, LVMH's sales growth underwhelms, leading to a decline in shares.

Published on: January 29, 2025, 08:00 AM UTC

Czech National Bank Governor Ales Michl plans to present a proposal to invest in Bitcoin and reduce interest rates by 25 basis points next week.

Published on: January 29, 2025, 07:00 AM UTC

Japanese people are feeling a personal impact from rising interest rates after the central bank's latest decision, according to social media analysis. Analysis of YouTube comments finds that concerns about housing loans and inflation are dominating discussions, and a growing number of people are expressing negative sentiments towards rate hikes.

Published on: January 29, 2025, 06:01 AM UTC

Oil held steady as the impact of Trump's tariff plan on US crude imports and inventories was weighed. Brent traded over $77, while WTI hovered around $74 despite a 2.86 million barrel increase in US commercial inventories last week.

Published on: January 29, 2025, 06:00 AM UTC

Global markets were steady as Asian stocks and European equity futures followed Wall Street's tech-led rebound, with focus shifting to the Federal Reserve's rate decision and upcoming earnings from mega-cap companies.

Published on: January 29, 2025, 06:00 AM UTC

Asian stocks avanece on thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.

Published on: January 29, 2025, 06:00 AM UTC

Oil steadies as traders weigh impact of Trump's tariffs and monitor stockpile outlook. Brent holds above $77/bbl, WTI near $74. US crude inventories rise by 2.86 million barrels last week, according to API.

Published on: January 29, 2025, 05:01 AM UTC

India's IPO market remains buoyant despite broader market selloff, with 23 new listings up 15% on average. Strong demand from domestic retail investors and a steady pipeline of applications continue to fuel the bull run, with estimates of $25-30 billion in proceeds this year.

Published on: January 29, 2025, 05:00 AM UTC

Australia's core inflation eased in Q4 2024, boosting expectations for an interest rate cut as early as next month. The trimmed mean gauge of consumer prices rose by 3.2%, below forecasts, leading to a decline in the currency and government bond yields. Economists now predict rate cuts in February or April, while the RBA signals confidence in inflation returning to target within a reasonable timeframe. Despite elevated services prices, a decline in non-discretionary goods and services suggests a shift in consumer spending.

Published on: January 29, 2025, 04:01 AM UTC

Oil steadies amid concerns over Trump's tariff plans, US crude imports, and stockpiles.

Published on: January 29, 2025, 04:00 AM UTC