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Economy

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Japan’s Topix hits record high on Wall Street rally, solid earnings

Financial Wealth DailyAugust 7, 20250

By Junko Fujita TOKYO (Reuters) -Japan’s Topix index touched a record high on Thursday, tracking strong overnight gains on Wall…

  • Economy

Steel industry doubts China will enforce output cut plans

Financial Wealth DailyMay 28, 20250

By Amy Lv and Hongmei Li SINGAPORE (Reuters) -China says it wants to cut crude steel output this year but…

  • Economy

BMO Capital cuts S&P 500 year-end 2025 target to 6,100

Financial Wealth DailyApril 9, 20250

NEW YORK (Reuters) – BMO Capital on Wednesday cut its year-end 2025 S&P 500 target by 9% to 6,100 from…

  • Economy

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz

Financial Wealth DailyApril 9, 20250

BERLIN (Reuters) – Friedrich Merz, Germany’s likely next chancellor, said U.S. President Donald Trump’s pause of tariffs for 90 days…

  • Economy

Carney says chances of US recession has shot up, will hit Canada

Financial Wealth DailyApril 7, 20250

OTTAWA (Reuters) – The probability of a U.S. recession has risen significantly thanks to President Donald Trump’s tariffs and that…

  • Economy

Chile has 28% more lithium than previous estimates, studies find

Financial Wealth DailyApril 7, 20250

By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s total lithium resources are 28% greater than previously estimated,…

  • Economy

IMF’s Georgieva: Recession not on the horizon despite tariff worries

Financial Wealth DailyMarch 31, 20250

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump’s push for sweeping tariffs is creating great…

  • Economy

JPMorgan downgrades South African equities on economic slowdown concerns

Financial Wealth DailyMarch 12, 2025March 19, 20250

(Reuters) -J.P.Morgan on Tuesday downgraded South African equities to “neutral” from “overweight,” citing concerns over an economic slowdown and the…

  • Economy

Swiss December gold exports to the US reach highest since March 2022

Financial Wealth DailyJanuary 30, 2025March 19, 20250

LONDON (Reuters) – Gold exports from Switzerland rose year on year in December as supplies to the United States soared…

  • Economy

Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul

Financial Wealth DailyDecember 20, 2024January 28, 20250

(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’…

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