Oct 17, 2024 | Markets
Wood Mackenzie says some regions face up to 15% growth by 2029 Rise in electricity demand will be major challenge for sector Electricity demand in the US is set to soar for the first time in decades, with growth as high as 15% in some regions over the next five years,...
Oct 17, 2024 | Markets
Get caught up. Another day, another disappointment for China bulls. Anticipation built before officials gathered in Beijing to offer details on the government’s plans to draw a line under the property market’s slump, but what they delivered didn’t quite live up to the...
Oct 17, 2024 | Markets
Consumer prices rose 1.7%, rather than 1.8%, Eurostat says Readings for core and services gauges were also lowered Euro-area inflation slowed more than initially reported – cementing the case for a second straight interest-rate cut by the European Central Bank....
Oct 16, 2024 | Markets
Investors shifted money from trading accounts to savings: ICBC Government briefings have fueled sharp swings in sentiment China’s 200 million-strong army of retail investors was supposed to help the market turn a corner. Instead, it has become a source of weakness....
Oct 16, 2024 | Markets
The Chinese company is flooding markets with its cars—while the US is doing everything it can to keep the booming brand out. Malta, a tiny archipelago in the Mediterranean Sea, might not seem worth the attention of a disruptive new car brand. The nation of just under...
Oct 16, 2024 | Markets
Data on Friday set to show GDP grew 4.5% y/y in third quarter Traders are still waiting for more details on fiscal stimulus China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures in late September to...
