US: Wall St opens higher as markets await data, policy changes
WALL Street’s main indexes opened higher on Friday (Jan 3), as investors kept a close eye on upcoming economic data and geared up for potential policy shifts under the incoming Trump…
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Policy
Unlawful border crossings dropped to four-year low in November, new data show
Unlawful border crossings along the U.S.-Mexico border have dropped to a four-year low, according to U.S. Customs and Border Protection, with 46,610 people stopped between ports of entry…
Florida is winning the political battle with California as Trump takes office
WASHINGTON — The rivalry between California and Florida reached a high mark in November 2023 when Gov. Gavin Newsom, a Democrat, faced off against Florida Gov. Ron DeSantis, a Republican,…
Analysis: Europe, too, feels Musk's political impact. How far will it go?
In the six weeks since Donald Trump won the presidential election, Europe has been bracing for a U.S. administration that could strain traditional transatlantic alliances. That sense of…
Bank of Japan bids final farewell to Kuroda’s radical policy experiment
IN RARE criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda’s stimulus did not change consumer psychology as much as planned, continuing a symbolic shift…
Germany needs 'reliable economic policy decisions,' institute urges
A billboard of the ifo Institute - Leibniz Institute for Economic Research at the University of Munich e. V. Dresden branch. Arno Burgi/ZB/dpa Germany needs "reliable economic policy…
EU foreign policy head Kallas welcomes end of al-Assad in Syria
The European Union's foreign policy chief, Kaja Kallas, has welcomed the toppling of Syrian leader Bashar al-Assad. "The end of Assad's dictatorship is a positive and long-awaited…
Steve Bannon splits with Elon Musk on key Trump policy in new interview
Former Trump adviser Steve Bannon revealed in a new interview that he differs from Elon Musk when it comes to at least one key policy – tax breaks for the ultra-wealthy. "I keep telling…
Trump disavowed Project 2025. Now he's hiring its contributors for his administration
Russell Vought, one of the chief architects of Project 2025 — a conservative blueprint for the next presidency — is no fan of the federal government that President-elect Donald Trump will…
Austrian chancellor says Ukraine policy firm despite Russia's gas cut
Austria will stick to its Ukraine policy despite Russia halting natural gas deliveries to the country starting from the weekend, Chancellor Karl Nehammer said on Friday. "We will not be…
Elon Musk's ties to Trump pose potential conflicts for his businesses. Here's a look at his federal contracts
Elon Musk is easily the world’s wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing…
Gold eases as US dollar strengthens, traders await Fed policy cues
GOLD prices declined on Monday (Oct 28), pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory. Spot gold fell…
Popular Aussie-Kiwi cross to test year’s high on policy outlook
INVESTORS see the Australian dollar testing this year’s high against its New Zealand counterpart as policymakers diverge on the interest-rate outlook. The currency pair closed at 1.1049…
Canada to reduce immigration targets as Trudeau acknowledges his policy failed
TORONTO (AP) — Canadian Prime Minister Justin Trudeau said Thursday that the country will significantly reduce the number of new immigrants it allows into the country after acknowledging…
Vietnam plans capital injection into Vietcombank to support policy goals
VIETNAM is planning to inject 20.695 trillion (S$1.1 billion) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support…
Hong Kong Economy Set to Be Focus of John Lee’s Policy Speech
(Bloomberg) -- Hong Kong’s leader is expected to lay out a policy agenda focused on boosting the city’s economy during his third annual address on Wednesday, including a potential cut to a…
US dollar steady near two-month high as markets weigh policy outlook
THE US dollar was perched near its highest level in more than two months against major currencies on Tuesday (Oct 15), spurred by wagers the Federal Reserve will proceed with modest rate…
Poland PM plans to suspend right to asylum as part of new migration policy
Tusk pointed to alleged misuse of the right to asylum by (Belarusian President Alexander) Lukashenko. | Photo: Wikimedia Commons 2 min read Last Updated : Oct 12 2024 | 9:18 PM IST…
Excise Policy: ED to supply soft copies of docs for inspection issue
The court said that an unnecessary ruckus occured in the court yesterday. This was not expected from the counsel. The court also said that some of counsels said that they need 200 days for…
Auto, Bank, Realty: Trading strategies in rate sensitive post RBI policy
4 min read Last Updated : Oct 09 2024 | 11:38 AM IST The Reserve Bank of India (RBI) appointed the Monetary Policy Committee (MPC) in their fifth bi-monthly review in the calendar year…
RBI to be less hawkish at October policy, says DBS Bank economist
Several economists expect at least one dissenter, among India's newly-appointed monetary policy committee members, to call for a rate cut (Photo: Reuters) 2 min read Last Updated : Oct 07…
Review on vehicle scrappage policy: Used truck mkt prices spike up to 21%
Premium The Delhi-Bengaluru-Delhi and Delhi-Mumbai-Delhi routes also recorded moderate growth, with increases of 1 per cent and 0.7 per cent, respectively | (Photo: Shutterstock) 4 min…
RBI faces a delicate balancing act ahead of key monetary policy meet
Premium Illustration: Binay Sinha 11 min read Last Updated : Oct 04 2024 | 10:54 PM IST Over the last year, the Reserve Bank of India (RBI) has been resolutely focused on aligning headline…
Andhra Pradesh notifies new liquor policy, to allow private retailers
1 min read Last Updated : Oct 01 2024 | 11:41 PM IST The Andhra Pradesh government on Monday notified a new liquor policy, allowing private retailers to sell spirits on the lines of…