(Reuters) – An earthquake of magnitude 4.7 struck Cobb in northern California on Wednesday, the United States Geological Survey (USGS) said. The quake was at a depth of 1.1 Km (0.68 mile), the USGS said. Source
By Rae Wee SINGAPORE (Reuters) – Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar charged higher and investor sentiment stayed cautious ahead of Donald Trump’s return to the White House. The start of the New Year was…
JAKARTA (Reuters) – Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Thursday. Without mentioning the exact figure, Sri Mulyani said the deficit was almost as narrow as the government’s original plan to keep the…
By Hyun Young Yi SEOUL (Reuters) – South Korea’s impeached President Yoon Suk Yeol has sent a letter rallying his supporters saying he would “fight til the end” as he faces an attempt by authorities to arrest him over his short-lived Dec. 3 martial law, a lawyer said on Thursday. “I am watching on YouTube…
Investing.com– Chinese manufacturing activity grew less than expected in December, private purchasing managers index data showed on Thursday, as a boost from recent stimulus measures now appeared to be petering out. The Caixin manufacturing PMI grew 50.5 in December, compared to expectations of 51.6 and the prior month’s reading of 51.5. The reading slowed from…
BEIJING (Reuters) – China’s factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders amid concerns over the trade outlook, a private-sector survey showed on Thursday. The data echoed an official survey on Tuesday showing manufacturing activity expanded modestly, reinforcing calls for more stimulus to spur…
By Gram Slattery (Reuters) – Fifteen people were killed and 30 were injured after a U.S. Army veteran with an ISIS flag on his truck swerved around makeshift barriers and plowed into revelers in New Orleans’ crowded French Quarter on New Year’s Day. While authorities have not released the names of the victims, at least…
By Florence Tan SINGAPORE (Reuters) – Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China’s economy and fuel demand following a pledge by President Xi Jinping to promote growth. Brent crude futures rose 46 cents, or 0.6%, to $75.10 a…
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar kicked off 2025 on the front foot on Thursday after a strong year of gain against most currencies, with the yen sliding toward its lowest level in more than five months as investors ponder U.S. interest rates staying higher for longer. Market focus early in the…
Investing.com– Oil prices were higher in Asian Trade on Thursday after data showed that U.S. oil inventories declined last week, while traders were cautious as they mulled over the outlook for the new year. At 20:39 ET (01:39 GMT), Brent Oil Futures rose 0.7% to $75.13 a barrel, and Crude Oil WTI Futures expiring in February jumped…
