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Economy

Economy

Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender

By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi’s Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent…
Economy

China December new home prices rise a touch faster, survey shows

BEIJING (Reuters) – Prices of new homes in China rose at a slightly faster pace in December, a private survey showed on…
Economy

Goldman Sachs economist lists 10 key questions for 2025

Investing.com — Goldman Sachs economists outlined ten critical questions shaping the outlook for the U.S. economy in 2025 in a note Monday: Will…
Economy

Wolfe Research outlines five potential surprises for 2025

Investing.com — Wolfe Research recently outlined five potential surprises for 2025 including a possible Fed pivot that could shake up markets. 1….
Economy

Indonesia’s president says VAT hike to apply only on luxury goods

JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point…
Economy

Chinese manufacturing, Bitcoin’s monthly fall, Gold gains – what’s moving markets

Investing.com — Wall Street is seen trading slightly lower Tuesday, the last trading day of what has been a positive year on…
Economy

China’s Xi pledges more proactive economic policies in 2025

BEIJING (Reuters) – China’s 2024 gross domestic product (GDP) is expected to exceed 130 trillion yuan ($17.8 trillion), President Xi Jinping said…
Economy

China’s GDP to hit government’s target for 2024: President Xi

Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is…
Economy

AI boom, Fed rate cuts lift U.S. stocks to new highs in 2024

(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than…
Economy

Wall St futures slip on elevated Treasury yields

(Reuters) – U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically…
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