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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

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

Macau 2024 casino revenues top official estimate but below pre-pandemic levels

BEIJING (Reuters) – Casino (EPA:CASP) revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still…
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

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

Singapore Post names new CFO in executive overhaul after whistleblower report

(Reuters) -Singapore Post has appointed the CFO of its Australia business as group finance chief, the company said on Sunday, a week…
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

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…
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