Europe’s Stock Benchmark Hits Record High on Trump Tariff Relief
  • January 21, 2025

Europe’s Stock Benchmark Hits Record High on Trump Tariff Relief

(Bloomberg) -- Europe’s Stoxx 600 index hit a record high for the first time since September, as investors grew optimistic that the harshest of threatened US tariffs may not be implemented.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead on Go

Chinese Stocks Halt Four-Day Rally on Trump’s Tariff Warning
  • January 21, 2025

Chinese Stocks Halt Four-Day Rally on Trump’s Tariff Warning

(Bloomberg) -- Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead on GoFundM

ECB’s Knot Is Content With Market View on Next Two Meetings
  • January 21, 2025

ECB’s Knot Is Content With Market View on Next Two Meetings

(Bloomberg) -- European Central Bank Governing Council member Klaas Knot said investor bets for interest-rate cuts in January and March are reasonable, while any commitment beyond is difficult due to heightened global uncertainty.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in Schoo

BOJ Heads Toward Rate Hike as Markets Take Trump in Stride
  • January 21, 2025

BOJ Heads Toward Rate Hike as Markets Take Trump in Stride

(Bloomberg) -- Bank of Japan Governor Kazuo Ueda is on track to raise interest rates to the highest level since 2008 on Friday, after global financial markets responded with relative calm to US President Donald Trump’s return to the White House.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Pho

In Davos, Malaysia's Khazanah looks to developed market investments, tame Trump risks
  • January 21, 2025

In Davos, Malaysia's Khazanah looks to developed market investments, tame Trump risks

DAVOS, Switzerland (Reuters) -Malaysia's sovereign wealth fund Khazanah Nasional Bhd is rebalancing its portfolio to invest more in developed markets, with an eye on managing expected risks from the new Donald Trump presidency in the U.S., its top official said. Khazanah invests heavily in Malaysia, with domestic investments amounting to 59.1% of its portfolio, followed by North America at 15.5%.