Investors have grown gloomier about the outlook for the euro zone economy, particularly in light of U.S. President-elect Donald Trump's threat to impose hefty tariffs on regional exports to his country. In Asia, Japan's Nikkei gained 1.2%, while the Topix automaker index climbed 1.3% helped by signs of progress in a potential merger between Honda and Nissan.
Wall Street’s ‘Santa Claus rally’ window is about to open with the Dow down in December
Stocks have struggled ahead of the holidays despite Friday’s rally.
Fed’s Daly Reveals Her Bullishness for AI-Driven Productivity
(Bloomberg) -- Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair Alan Greenspan identify the last great surge in US productivity. She’s starting to think it’s happening again, driven this time by artificial intelligence.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still
Indian Banks Lobby RBI to Approve New Benchmark for Swaps Market
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisA group of Indian lenders has asked the centra
More Pain Likely, Market Expert Says After Bitcoin's Biggest Loss Since August
BTC may remain on the defensive for some time, presenting a "buy the dip" opportunity to investors, according to Bitwise's Andre Dragosch.
Jump Crypto Subsidiary Tai Mo Shan to Pay $123 Million to Settle SEC Charges Over TerraUSD Manipulation
Jump Crypto's subsidiary, Tai Mo Shan, has agreed to pay a $123 million settlement with the U.S. Securities and Exchange Commission (SEC).
Trump Appoints Former College Football Player Bo Hines as Executive Director of New Crypto Council
Donald Trump has appointed Bo Hines, a former college football player and Republican congressional candidate, as the Executive Director of the Presidential Council of Advisers.