Month: December 2024

Gold edged higher in early Asian trade, despite the Federal Reserve cutting interest rates by a quarter-point overnight.

As extended as some trends have become this year, investors shouldn’t assume that they are about to revert to the mean.

A U.K. electricity generator is winnowing U.S. sites for wood-burning power plants that pump their emissions underground.

(Telecompaper) CommScope has announced the closing of a refinancing agreement with first-lien secured lenders to source USD 4.15 billion in debt capital and first-lien notes…

Buy now, pay later lending is attracting deep-pocketed lenders. It could be a win-win.

European natural-gas prices traded 3% lower, likely due to profit-taking after jumping in the previous session on the EU saying it has no interest in continued flows of Russian gas through Ukraine.

The 10-year Treasury yield was higher, and BlackRock said government bonds have become a less reliable cushion against selloffs in risky assets and bond investors should consider supplementing with gold or bitcoin.

The Canadian dollar was stronger, and is likely to recover against sterling next year, RBC Capital Markets said, projecting GBP/CAD to fall to 1.73 by the fourth quarter of 2025, as the Bank of Canada started cutting interest rates earlier than its peers and this should boost the country’s growth.

Japanese telcos have launched a cooperative framework that aims to ensure quick restoration of networks after large-scale disasters. The consortium includes six subsidiaries of the NTT Group, KDDI Corporation, SoftBank, and Rakuten Mobile. The framework officially commenced on 1 December 2024. This initiative has received recognition from Japan’s Ministry of Internal Affairs and Communications. Following… … Read more

Also in today’s EMEA regional roundup: Finnish president enters the cable-cutting debate; Netflix fined over lack of transparency on customer data; MTN management reshuffle.