Wall Street predicts rebound in Indian markets after tough year

Wall Street predicts rebound in Indian markets after tough year

AFTER one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound. Morgan Stanley, Citigroup and Goldman Sachs Group are among those who expect the country’s markets to claw back lost ground next year as earnings stabilise and policy support kicks in. India’s markets have…

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Bank Indonesia seeks rate cuts while balancing stability, growth

Bank Indonesia seeks rate cuts while balancing stability, growth

Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year [JAKARTA] Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting economic growth, even as it looks for room to lower interest rates further next year, governor Perry Warjiyo said. “In 2026, amid persistently high global uncertainty, monetary policy will…

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CME trading halted due to cooling issue at data centres

CME trading halted due to cooling issue at data centres

[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres. “Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as soon as they are available,” CME said in a statement. Futures trading for the…

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