BANGKOK (Reuters) – The death toll from the worst floods in decades in southern Thailand and northern Malaysia climbed to at least 12 on Saturday, authorities said, as tens of thousands of people were evacuated due to rising water levels in the past three days. In southern Thailand, the floods have impacted nearly 534,000 households,…
Investing.com — As President-elect Donald Trump prepares to impose sweeping new tariffs, American consumers are poised to face significant economic repercussions, according to a recent research note from ING. Trump’s proposals include 60% tariffs on Chinese imports and 10-20% tariffs on goods from other nations, aimed at boosting domestic manufacturing and reducing reliance on foreign…
Investing.com — The incoming Donald Trump administration hasn’t yet rolled out any meaningful signal whether it intends to hike tariffs on automotive parts and vehicles, but Bernstein evaluates two plausible scenarios – one of which could prove a substantial headwind for the big three U.S. automakers. “While there has not been a clear indication, we consider…
Investing.com — Deutsche Bank (ETR:DBKGn) Research in a note has given its 2025 outlook for mining stocks, flagging a complex interplay of global economic uncertainty, geopolitical factors, and structural industry reforms. The note flags critical themes expected to influence market dynamics, with a focus on tariffs, capacity control in China, consolidation through mergers, and broader…
Investing.com — The momentum behind new nuclear technologies is growing rapidly, according to Jefferies analysts following their annual nuclear supply chain conference. Investor excitement is at an all-time high, with “tens of billions in equity value” now attributed to small modular reactor (SMR) companies, a significant leap from “single digits this time a year ago.”…
Investing.com — The outlook for commodities in 2025 hinges on five key factors, as mentioned by analysts at BofA Securities in their year-ahead commodity report. These factors, each with vital implications for market dynamics, range from macroeconomic conditions to supply-demand fundamentals across sectors. Geopolitical tensions and trade policies Trade wars and geopolitical uncertainties will continue…
Investing.com — Trump administration’s proposed policy shifts—collectively termed Trumponomics 2.0—will largely benefit the US economy while posing challenges for other global economies, according to Bank of America (BofA). The policy package, focusing on trade, immigration, fiscal measures, and deregulation, is projected to amplify US growth, inflation, and interest rates beyond current consensus forecasts. However, its…
By Leigh Thomas PARIS (Reuters) -French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. France’s budget deficit has spiralled out of control this year, pressuring French government bonds, although ratings agency Standard…
(Reuters) -HSBC’s board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday, with incumbent Mark Tucker due to stand down by 2026. The London-listed, Asia-focused bank has assigned headhunters including MWM Consulting to run the process, and will consider both existing non-executive directors and outsiders to succeed Tucker,…
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Ireland’s two large centre-right parties looked on course to be returned to power after an election on Friday, but they will likely need at least one junior partner to reach a majority, raising questions about the stability of the next government. The parties may face prolonged…
