Indonesia’s president says VAT hike to apply only on luxury goods
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point…
AI boom, Fed rate cuts lift U.S. stocks to new highs in 2024
(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than…
China’s GDP to hit government’s target for 2024: President Xi
Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is…
China’s Xi pledges more proactive economic policies in 2025
BEIJING (Reuters) – China’s 2024 gross domestic product (GDP) is expected to exceed 130 trillion yuan ($17.8 trillion), President Xi Jinping said…
Canoo cut at Stifel on liquidity risks
Investing.com — Stifel analysts downgraded Canoo from Buy to Hold in a note Tuesday, citing growing concerns about the company’s liquidity risks. The…
Lionel Messi lists real estate properties as REIT
Investing.com — Argentine football star Lionel Messi has listed his real estate portfolio as a real estate investment trust (REIT) in Spain, valuing…
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%
Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Industrial Investment and…
Drugmakers to raise US prices on over 250 medicines starting Jan. 1
By Michael Erman NEW YORK (Reuters) – Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer (NYSE:PFE)…
US to sustain its leading-edge role in global growth during 2025: Wells Fargo
Investing.com — The United States is set to maintain its leadership role in global economic growth throughout 2025, according to Wells Fargo’s recent…
Why has Moldova’s separatist region cut off gas supplies to state institutions?
Authorities in Moldova’s Transdniestria region cut off gas supplies to several state institutions on Sunday, Reuters reported. The development comes as the…
