[ad_1] By Rae Wee SINGAPORE (Reuters) – Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar charged higher and investor sentiment stayed cautious ahead of Donald Trump’s return to the White House. The start of the New Year was shaping up to be a less favourable one for equities, as uncertainty over the policies of incoming U.S. President Trump and a more hawkish Federal Reserve outlook looked set to dominate the market rhetoric for now. While global shares closed out 2024 with a…
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[ad_1] JAKARTA (Reuters) -Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Thursday. Without mentioning the exact figure, Sri Mulyani said the deficit was almost as narrow as the government’s original plan to keep the fiscal gap at 2.29% of GDP. “This is a remarkable result,” Sri Mulyani said at an event marking the new year opening of the stock exchange. “This means we closed 2024 with a relatively healthy and safe budget that will be a strong foundation for…
[ad_1] Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China’s economy and fuel demand following a pledge by President Xi Jinping to promote growth. [ad_2] Source link
[ad_1] Investing.com– U.S. stock index futures rose on Wednesday evening, marking a cautious start to 2025 after a mix of artificial intelligence hype and lower interest rates saw equity markets log stellar gains in the past year. But these gains petered out towards the end of 2024, as a so-called “Santa Rally” largely failed to materialize in late-December. Concerns over a slower pace of interest rate cuts by the Federal Reserve and uncertainty over policy under incoming President Donald Trump saw investors lock in recent profits. fell 0.1% to 5,927.25 points, while fell 0.1% to 21,213.50 points by 19:13 ET…
[ad_1] Stock splits generally garner a lot of attention from the investment community. In fact, stocks that have undergone a split witness increased levels of trading activity immediately after the event. In recent years, several high-profile technology companies including Tesla, Nvidia, Broadcom, Amazon, Apple, and Alphabet have undergone stock splits. Here’s what investors need to know about stock splits, and why I think Netflix (NASDAQ: NFLX) could be a candidate to split its shares sooner rather than later. Stock splits sound complicated, but rest assured that the mechanics around a split are easy to understand. When a company announces its…
[ad_1] By Hyun Young Yi SEOUL (Reuters) – South Korea’s impeached President Yoon Suk Yeol has sent a letter rallying his supporters saying he would “fight til the end” as he faces an attempt by authorities to arrest him over his short-lived Dec. 3 martial law, a lawyer said on Thursday. “I am watching on YouTube live all the hard work you are doing,” Yoon wrote in the letter late on Wednesday to the estimated hundreds of supporters who have gathered near his official residence protesting his investigation. “I will fight til the end to protect this country together with…
[ad_1] Singapore city skyline on September 18, 2016.Rustam Azmi | Getty Images News | Getty ImagesAsian stocks traded mixed on Thursday as several major markets resumed trading after New Year’s Day holiday.China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ forecast of 51.7 in a Reuters poll. PMI came in at 51.5 in November and 50.3 in October.The fall in the PMI figure indicates the “pace of growth [had] eased since November and was marginal overall,” according to a Caixin economists, who pointed to softer sales amid falling export orders.The official PMI for December, released…
[ad_1] Introduction Investing can seem like an endless cycle of booms and busts. The markets and instruments may change — tulips in 1634, tech stocks in 2000, cryptocurrencies in 2021 — but the speculator’s drive to make fast money remains constant. Yet once investors have lived through a bubble or two, we tend to become more conservative and cautious. The ups and downs, the peaks and crashes, combined with the trial-and-error process, help lay the foundation for our core investment strategy, even if it’s just the traditional 60-40 portfolio. With memories of past losses, battle-worn investors are skeptical about new…
[ad_1] BEIJING (Reuters) – China’s factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders amid concerns over the trade outlook, a private-sector survey showed on Thursday. The data echoed an official survey on Tuesday showing manufacturing activity expanded modestly, reinforcing calls for more stimulus to spur growth this year as Donald Trump will soon take office and likely intensify U.S.-China trade tensions. The Caixin/S&P Global manufacturing PMI nudged down to 50.5 in December from 51.5 the previous month, undershooting analysts’ forecasts in a Reuters poll of 51.7. The rate of…
[ad_1] New York, New York–(Newsfile Corp. – January 1, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings , Inc. (NASDAQ: NASDAQ:) between February 29, 2024 and September 4, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Celsius common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Celsius class action, go to…