Indonesia books lower-than-expected 2024 fiscal deficit
Indonesia’s unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion),…
Holcim eyes $30 billion valuation with N.American business listing, picks new CEO
Miljan Gutovic, currently head of Europe at Holcim, will replace Jan Jenisch as CEO beginning May 1, said the company, one of the world’s biggest cement makers.
Thai economy in recession, needs a boost -deputy Finance Minister
The rate should be lowered as high rates now are people’s burden. People can’t survive,” he told reporters.
Nigeria oil enters unclear new era after Shell’s onshore asset sale
Industry experts said Shell, Exxon and other majors who hoped to divest were not putting much money into developing onshore assets – hastening production decline.
Indonesia books lower-than-expected 2024 fiscal deficit
Indonesia’s unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29% of GDP, smaller than the finance ministry’s earlier estimate but bigger than that of 2023, official data showed on Monday.
Dollar rally pauses; yuan slides to 16-month low
In Canada, Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not made a final decision, a source told Reuters. The Globe and Mail earlier reported that Trudeau was expected to announce his resignation as early as Monday.
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Oil posted five-session gains previously with hopes of rising demand following colder weather in the Northern Hemisphere and more fiscal stimulus by China to revitalise its faltering economy.
Bitcoin price today: gains for 7th straight day to $99.5k after year-end dip
Bitcoin rose for the seventh consecutive session on Monday, recovering from a year-end slump, while investors cautiously await clues on the U.S. regulatory outlook before President-elect Donald Trump takes office this month.
Japan stocks lower at close of trade; Nikkei 225 down 1.65%
Crude oil for February delivery was down 0.26% or 0.19 to $73.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.27% or 0.21 to hit $76.30 a barrel, while the February Gold Futures contract fell 0.40% or 10.59 to trade at $2,644.11 a troy ounce.
Asian stocks gain, dollar at two-year high as US rates, Trump in focus
Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high against a basket of currencies as investors fret about U.S. rates staying higher for longer.
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Oil steady near two-month highs as market eyes policy support for growth
Oil prices barely budged on Friday after closing at their highest in more than two months in the prior session, amid hopes that governments around the world may increase policy support to revive economic growth that would lift fuel demand.
Bitcoin price today: rises to $97k as new year rout eases; Tether hit by MiCA law
Bitcoin rose on Friday, extending a recovery from a price rout seen over the new year holiday as traders sought more clarity on the U.S. regulatory outlook under incoming President Donald Trump.Â
Tesla’s China sales rise to record high in 2024, bucking global decline
As an EV price war in China enters a third year, Tesla has extended a 10,000 yuan ($1,369.99) discount on outstanding loans for its best-selling Model Y as well as zero-interest financing of up to five years for some Model 3 and Model Y cars until the end of this month.
