September 2024 – Page 3 – UAG Trade Asia

UK House Prices Rise for Fifth Month in July, ONS Says

September 18, 2024
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LONDON, Sept 18 Reuters British house prices rose by an annual 2.2 in July, the fifth monthly rise in a row but the pace of increase cooled and was below a revised 2.7 increase in the 12 months to June, the Office for National Statistics said on Wednesday. The ONS said house prices in London […]

September 18, 2024
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WASHINGTON, Sept 18 Reuters The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will host on Nov. 2021 the first meeting of the International Network of AI Safety […]

September 18, 2024
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NEW DELHI, Sept 18 Reuters Staterun Coal India is scouting for critical minerals in Argentina and is in talks with officials in Chile for lithium, India39;s federal mines secretary V. L. Kantha Rao said on Wednesday. India has been exploring ways to secure supplies of lithium, a critical raw material used to make electric vehicle batteries. […]

September 18, 2024
Politics
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Bank Indonesia cuts policy rate by 25 bps to 6.00 BI decision comes hours before anticipated Fed rate cut Rate cut to support growth, governor says JAKARTA, Sept 18 Reuters Indonesia39;s central bank delivered its first rate cut in more than three years on Wednesday, just hours ahead of the widely expected start of the […]

September 18, 2024
Finance
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London, Sept 18 Reuters The dollar surrendered some of its overnight gains against the yen on Wednesday, as investors tweaked their positions ahead of a policy meeting expected to initiate a U.S. easing cycle. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, with markets pricing […]

September 18, 2024
Finance
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BENGALURU, Sept 18 Reuters India has overtaken China for the first time ever in a key MSCI equities index, bolstered by steady economic growth and strong flows. India39;s weight in the MSCI investible large, mid and smallcap index has risen to 2.35, greater than China39;s weight of 2.24, Morgan Stanley said in a note on […]

September 18, 2024
Finance
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FTSE 100 down 0.2 UK August CPI at 2.2 Reckitt Benckiser up after report of homecare asset sale discussions Sept 18 Reuters British stock indexes retreated on Wednesday, following a broadly in line inflation report and as investors awaited a highly anticipated yet uncertain Federal Reserve policy decision later in the day. At 0707 GMT, […]

September 18, 2024
Finance
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UK inflation holds at 2.2 in Aug Euro zone inflation at 0900 GMT Fed rate decision at 1800 GMT Campari at over fouryear lows after unexpected CEO exit Reckitt rises on report of potential sale of homecare assets Sept 18 Reuters European shares edged lower on Wednesday, as investors stayed on the sidelines ahead of […]

September 18, 2024
Finance
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Wellington’s Andrew J. Shilling and Clark R. Shields, sub-advisers to the Vanguard U.S. Growth Fund, talk about investing in companies with secular growth and competitive advantages in this episode of Bloomberg Intelligence’s Inside Active podcast.

September 18, 2024
Business
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Sept 18 Reuters Artificial heart maker Carmat on Wednesday announced the launch of a new capital increase for an initial amount of 10.3 million euros 11.5 million, citing shortterm working capital needs. The French group, which has launched a series of capital increases since September 2023, after flagging supply chain issues that threatened its survival, said the […]

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UK House Prices Rise for Fifth Month in July, ONS Says

US to Convene Global AI Safety Summit in November

Coal India Eyeing Argentina, Chile for Critical Minerals, Official

Indonesias Cenbank Front Runs Fed with Surprise Rate Cut

Dollar Cedes Ground to Yen ahead of Fed Decision

India Tops China for 1st Time Ever in Key MSCI Equities Index

London Stocks Pull Back on Inflation Data, All Focus on Fed

European Shares Inch Lower ahead of Feds Big Rate Decision

Wellington’s Shilling, Shields on Secular Growth

Carmat Launches new Capital Increase for 10.3 Million Euros

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