China launches venture capital funds to invest in ‘hard technology’, state media report
BEIJING, Dec 26 (Reuters) – China on Friday launched three venture capital funds to invest in “hard technology”…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirements Companies will need to meet reusable rocket tech milestones Beijing…
Hedge funds short healthcare providers as subsidies debate intensifies
LONDON, Dec 22 (Reuters) – Hedge funds last week sold more U.S. healthcare stocks than they bought for…
S.Korea pension fund initiates new round of strategic FX hedging to support won, sources say
New round of strategic foreign exchange hedging triggered Won sharply rebounds from 8-month lows as move caps downside…
Obamacare enrollment declines as US subsidies expire
WASHINGTON, Dec 23 (Reuters) – Enrollment for health insurance under the U.S. Affordable Care Act dipped to 15.6…
European shares close at fresh record high as Novo Nordisk drives healthcare boost
Euro zone equity volatility at over a year-low Healthcare stocks top gainers after Novo Nordisk boost Basic resources…
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
MILAN, Dec 24 (Reuters) – Italy’s antitrust authority (AGCM) on Wednesday ordered Meta Platforms (META.O), opens new tab…
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarter US might keep or sell seized Venezuelan oil,…
China leaves benchmark lending rates unchanged for seventh straight month
SHANGHAI, Dec 22 (Reuters) – China left benchmark loan prime rates (LPRs) unchanged for the seventh consecutive month…
EU Council backs digital euro with both online and offline functionality
MILAN, Dec 19 (Reuters) – The EU Council on Friday backed a negotiating position for a digital euro…
World Bank approves $700 million for Pakistan’s economic stability
Dec 19 (Reuters) – The World Bank said on Friday that it has approved $700 million in financing…
Russian central bank cuts key rate to 16% as Putin speaks
Key rate cut is in line with expectations Inflation expected below 6% in 2025, hit target in 2027…