Investors are also watching the market reaction in China after the PBOC said over the weekend it would implement a “moderately loose” monetary policy in 2025.
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Asia markets poised to open mixed ahead of key business activity readings from China and India
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UK’s long-term borrowing costs hit highest level since 1998
View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. borrowing costs ticked higher on Tuesday, after an auction of 30-year Treasury gilts brought […]
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Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Shutterstock chief technology officer James Chou (C) rings the opening bell at the New York Stock Exchange on February 14, 2014 in New York City. D Dipasupil | Getty Images Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, […]
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China says 95 dead after 7.1-magnitude earthquake strikes Tibet
HONG KONG — A 7.1-magnitude earthquake struck near one of Tibet’s holiest cities Tuesday, killing at least 95 people, Chinese state media reported. The earthquake, which was recorded just after 9 a.m. (8 p.m. ET Monday), was centered at a depth of nearly 6 miles, according to the U.S. Geological Survey. The tremor, which Chinese authorities […]
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