[ad_1] (Reuters) – India’s passive index-tracking equity funds are set to beat their active stock-picking counterparts in returns for a second successive year as fund managers grapple with volatility and the challenges of outperforming benchmark
Global oil demand growth to slow from 2025 – IEA
[ad_1] LONDON (Reuters) – Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades,
Kiwi takes flight as New Zealand’s central bank surprises by standing pat
[ad_1] SINGAPORE (Reuters) – The beaten-up New Zealand dollar soared 1% on Wednesday after the central bank unexpectedly left interest rates on hold, while most other major currencies were little changed. A woman walks past
Gold becalmed on doubts over U.S.-China trade deal as dollar firms
[ad_1] (Reuters) – Gold prices were little changed on Wednesday after U.S. President Donald Trump dashed investors’ hopes for a positive sign on a U.S.-China trade deal with a speech that gave away little, while
New Zealand central bank holds rates, clips doves’ wings as kiwi soars
[ad_1] WELLINGTON (Reuters) – New Zealand’s central bank surprised investors by holding interest rates at an all-time low of 1% on Wednesday saying it saw no urgency to ease policy further, sending the kiwi dollar
Global Markets: Asian shares slide on trade disappointment, HK unrest
[ad_1] TOKYO (Reuters) – Asian stocks and Wall Street futures fell on Wednesday, as growing worries that U.S.-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets.
Automakers expect Trump will delay decision on imposing EU, Japan auto tariffs
[ad_1] WASHINGTON (Reuters) – Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars
Boeing pilot who exchanged leaked 737 MAX simulator messages changes jobs – sources
[ad_1] SEATTLE (Reuters) – One of two Boeing Co (BA.N) technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the
Trump says China trade deal ‘close’ but dashes hopes for signing details
[ad_1] NEW YORK (Reuters) – President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China “soon,” but offered no new details on negotiations in a campaign-style speech touting his
Chile’s finance minister calls for return to ‘normality’ as peso slides
[ad_1] SANTIAGO (Reuters) – Chile’s finance minister warned on Tuesday of the “grave consequences” felt by the nation’s economy on account of three weeks of often violent unrest and protests, as the peso slid 4%