Tag: innovation

Posts with tag: innovation

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Oil Rebounds From Drop, but Outlook Clouds With Supply Worries

Oil prices steady after declines as Iraq, Russia supply concerns weigh; market gauges indicate oversupply risk

UK price rises and job cuts loom as tax hikes batter business confidence

British employers plan price hikes and job cuts following tax increases, with small business confidence hitting a five-year low.

Beijing's Latest Copper Policy: A Pause or a Stop to Expansion?

China is clamping down on uncontrolled copper smelter expansion, tying approvals to the availability of ore supply. The move aims to curb excessive capacity and boost domestic mining, but it may not eliminate growth entirely.

UK Inflation Hits 10-Month High, Boosting BOE Rate Hike Bets

UK consumer price inflation is likely to hit a 10-month high in January amid rising private school fees and energy bills. The BOE is wary of rushing into rate cuts given underlying inflation pressures and a stagnant economy. Data on wages, housing starts, and consumer confidence will be in focus in the US and Canada. The RBA is expected to cut interest rates in Australia, while New Zealand is likely to continue its easing cycle. Asia will see economic growth reports from Japan, Thailand, and India, as well as trade and PMI data. In Europe, data on confidence, trade, and manufacturing will be released, and the ECB will release its financial statements. The South African budget will be presented, and inflation is expected to rise in Nigeria, Botswana, and Egypt. Colombia's GDP will be released, while Brazil will report GDP-proxy data and inflation expectations. Mexico will publish its interest rate decision minutes.

Argentina's Milei Backtracks After Promoting Crypto Coin That Crashed 2,000%

Argentina's President Javier Milei promotes a cryptocurrency coin, but its value crashes after an investigation is ordered.

Trump's AI Ambitions Thwarted by Tariff Threats

President Trump's threats to alter federal contracts and impose tariffs on chipmakers could hinder the US's goal of advancing in artificial intelligence research. Experts warn that these measures could slow down or harm domestic chip production and increase costs for consumers and businesses.

Janus Henderson Eyes Saudi Arabia Expansion Amid Middle East Growth Push

Janus Henderson Group Plc is exploring opportunities in Saudi Arabia, including opening an office in the kingdom. The global asset manager sees growth potential in the Middle East and is looking to expand its regional investment.

Money Market Account Rates Today: Compare & Earn More

Maximize your savings with top money market account rates. Compare the national average rate of 0.64% with high-yield accounts offering up to 4% APY. Learn how to earn more interest and find the best MMA for your financial needs.

China's Currency Stability Key to Global Economy, Central Bank Governor Says

China's central bank governor, Pan Gongsheng, emphasizes the stability of the yuan currency and reiterates the country's commitment to market-driven exchange rate determination.

Poilievre Pledges 'East-West Economy,' Tariff Retaliation in US Trade Dispute

Canadian Conservative Leader Pierre Poilievre outlines a comprehensive plan to safeguard Canada's economy amidst US tariff threats, including building pipelines and boosting energy production.