Friday, November 15, 2024
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China’s Steel Demand Has Shrunk to Less Than Half Global Total

(Bloomberg) -- China will account for less than half of global steel consumption in 2024 for the first time in six years, according to...

S&P 500 Set to Grind Higher Toward 6,000 Milestone: Survey

(Bloomberg) -- This year’s furious rally in US stocks is poised to extend into the final stretch of 2024, even as the US presidential...

Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap

(Bloomberg) -- Most Asian stocks are poised to rise in early trading Monday after Wall Street finished last week on fresh highs.Most Read from...

WiseTech Board Reviews Allegations Against CEO; Shares Tumble

(Bloomberg) -- WiseTech Global Ltd.’s board is assessing matters raised in a media report Monday that said billionaire co-founder and Chief Executive Officer Richard...

China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins

(Bloomberg) -- China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the...

What to Expect in First 100 Days of Prabowo’s Rule in Indonesia

(Bloomberg) -- Indonesia’s new leader Prabowo Subianto endeared himself to voters as a kindly grandfather vowing to give free meals to schoolchildren. Now to...

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Diminishing forecasts for future oil consumption are adding pressure to crude prices. This year’s Atlantic hurricane season has spun out fewer storms...

Malaysia Minister Braces for Backlash Over Fuel Subsidy Revamp

(Bloomberg) -- Malaysia’s government is bracing for public backlash as it commits to rolling back petrol subsidies in mid-2025, a politically sensitive and long-delayed...

Israel Hones Plans to Attack Iran After Attempt on Netanyahu

(Bloomberg) -- A day after a Hezbollah drone penetrated Israel’s air defenses and exploded next to the private home of Prime Minister Benjamin Netanyahu,...

Striking Boeing Workers Make Earnings Day a Cliffhanger for CEO

(Bloomberg) -- Kelly Ortberg’s earnings debut as Boeing Co. chief executive officer has gained an element of suspense as workers vote on the same...

World Economy Fault Lines Shift From Prices to Politics and Debt

(Bloomberg) -- The global economy is heading toward year end with unexpected tailwinds as slowing inflation clears a path for an unlikely soft landing....

Indrawati Stays as Finance Minister in New Indonesia Cabinet

(Bloomberg) -- Indonesia’s new President Prabowo Subianto unveiled his cabinet just hours after taking the oath on Sunday, with Sri Mulyani Indrawati staying on...

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