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Indonesia to press ahead with VAT hike, minister says
Market Updates

Indonesia to press ahead with VAT hike, minister says

Indonesia will next week confirm it is hiking the value-added tax (VAT) rate to 12%, the Coordinating Minister for Economic Affairs said late on Tuesday, despite huge public pressure to delay the rise...

  • December 03, 2024 06:25 AM PST
  • EODHD
Sudan's famine-hit Zamzam camp comes under fire, say residents and MSF
Market Updates

Sudan's famine-hit Zamzam camp comes under fire, say residents and MSF

Sudan's famine-stricken Zamzam displacement camp has been struck by shelling from the Rapid Support Forces, volunteers and medical aid agency MSF said, as the paramilitary group seeks to tighten contr...

  • December 03, 2024 06:19 AM PST
  • EODHD
French far-right's Le Pen may regret her risky bid to topple government
Market Updates

French far-right's Le Pen may regret her risky bid to topple government

French far-right leader Marine Le Pen appears to be betting her future on ousting President Emmanuel Macron before his term ends in 2027, lawmakers and analysts say. To do so, she has helped trigger F...

  • December 03, 2024 06:18 AM PST
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Russia's interest rate, inflation seen higher after rouble's fall: Reuters poll
Market Updates

Russia's interest rate, inflation seen higher after rouble's fall: Reuters poll

The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20 board meeting after the rouble's sharp fall in November, a Reuters poll showed on...

  • December 03, 2024 06:17 AM PST
  • EODHD
Guineans mourn victims of stadium crush that killed 56
Market Updates

Guineans mourn victims of stadium crush that killed 56

When Mory Cisse dropped his 27-year-old brother off at a stadium in the southeastern Guinean city of Nzerekore to watch a soccer match after lunch on Sunday, he had no idea it would be the last time h...

  • December 03, 2024 06:13 AM PST
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Biden pushes out over $100 billion in clean energy grants as term winds down
Market Updates

Biden pushes out over $100 billion in clean energy grants as term winds down

U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said.

  • December 03, 2024 06:08 AM PST
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Swiss court denies Trafigura bid to dismiss corruption case
Market Updates

Swiss court denies Trafigura bid to dismiss corruption case

A Swiss court on Tuesday rejected arguments made by Trafigura's lawyers to either throw out an ongoing corruption trial or to strike out a portion of evidence against the company provided by a key wit...

  • December 03, 2024 06:05 AM PST
  • EODHD
Why is BlackRock spending billions to expand in private credit
Stock Market

Why is BlackRock spending billions to expand in private credit

BlackRock Inc (NYSE: BLK) announced plans of spending $12 billion on buying HPS Investment Partners to expand its footprint in private credit on Tuesday. The HPS acquisition will push alternative assets under its management to over $600 billion. Additionally, the world’s largest asset manager is considering a stake in Millenium Management as well. Shares of […]

  • December 03, 2024 05:56 AM PST
  • Invezz
Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins
Stock Market

Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins

Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay’s commitment to offering a more secure, predictable, and regulatory-compliant payment solution. Dtcpay to shift […]

  • December 03, 2024 05:55 AM PST
  • Invezz
Major Gulf equities track higher oil prices; Qatar flat
Market Updates

Major Gulf equities track higher oil prices; Qatar flat

Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending its production cuts at Thursday's meeting, although Qatar's index bucked the trend wi...

  • December 03, 2024 05:51 AM PST
  • EODHD