Dec 9 Reuters Canada39;s main stock index hit a record high on Monday, led by mining stocks, while anticipation of an interest rate cut by the Bank of Canada also lifted investor sentiment. The Toronto Stock Exchange39;s SPTSX composite index was up 116.01 points, or 0.45, at 25,807.81. Canada39;s materials sector gained 3.8 with gold climbing on […]

Tenyear yield falls to record low Hang Seng jumps to 1 month high SHANGHAIHONG KONG, Dec 9 Reuters Stocks jumped and China39;s government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises. Benchmark 10year yields fell about four basis points to 1.922, a record […]

Dec 9 Reuters Japanese investors sold overseas stocks for a second consecutive month in November as they sought to capitalize on robust gains in global equities, particularly as U.S. stocks reached record highs. According to data from Japan39;s Ministry of Finance, these investors net sold 1.22 trillion yen 8.12 billion worth of overseas stocks last […]

TOKYO, Dec 9 Reuters Bain Capitalbacked chipmaker Kioxia39;s initial public offering has raised 120 billion yen 800 million including an overallotment after shares were priced in the middle of their marketed range, according to a securities filing on Monday. Kioxia, a major manufacturer of memory chips, set its IPO price at 1,455 yen per share, the […]

FRANKFURT, Dec 9 Reuters Investor morale in the euro zone fell in December to its lowest in more than a year, a survey showed on Monday, with Germany remaining a drag on the bloc as snap elections in February have failed to inspire confidence. The Sentix index for the euro zone fell to 17.5 in […]

MUMBAI, Dec 9 Reuters The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the local currency to continue facing headwinds amid persistent strength in the U.S. dollar. The rupee ended at 84.73 against the U.S. dollar, down from its close of 84.6875 in the […]

While a large chunk of FDI in Southeast Asia continues to be directed at traditional sectors such as manufacturing, the region is emerging as a global hot spot for AI infrastructure, Bloomberg Intelligence analysis shows.

With the release of the 2025 BCOM Target Weights, we see the weight of gold will fall to 14.29% during the annual reconstitution coming in the first half of January.

The ramp-up in corporate AI spending in 2025 will include a greater focus on deploying applications and components that help run AI systems faster and more efficiently, Bloomberg Intelligence analysis shows.

Brazil will host the 2025 UN Conference of Parties (COP) climate summit in the Amazon rainforest and focus on challenges and success stories.