gondwana

SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded in December, but for a second consecutive year oil was on track to end lower due to demand concerns in top consuming countries. Brent crude futures rose 47 cents, or 0.7%, to $74.46 a barrel as of … Read more

(Bloomberg) — China’s factory activity expanded for a third straight month in December, bolstering expectations the economy will reach its annual growth target after Beijing’s stimulus blitz. Most Read from Bloomberg The official manufacturing purchasing managers’ index was 50.1, the National Bureau of Statistics said Tuesday, above the 50-mark separating expansion and contraction. The median … Read more

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump administration’s policies. The dollar’s ascent, buoyed by rising Treasury yields, has pushed the yen toward … Read more

(Bloomberg) — Asian shares are under pressure on the last trading day of the year, after weakness in the technology sector extended losses on Wall Street for a third session. Most Read from Bloomberg Australian stocks fell about 0.7% in early trade Tuesday, with futures also pointing to a downbeat open in Hong Kong. A … Read more

(Bloomberg) — UK credit and debit card spending barely grew in 2024 as cautious consumers treated themselves to small luxuries, concerts and travel while cutting back on food and big-ticket purchases, according to research Tuesday that provides a warning sign for the Labour government’s growth ambitions. Most Read from Bloomberg In trends set to continue … Read more

At the end of the last century, commentators and futurists looked at the upcoming 2000s as the time when the world would change drastically because of a technology revolution taking place. Many of their predictions – in particular about how computer devices would become not only central to daily life but small and portable enough … Read more