November 16, 20240 Comments

‘Need a change’: Sri Lanka’s leftist win sparks hopes, bridges old divides | Elections News

Colombo, Sri Lanka – Abdul Rahuman Seyyadu Sulaiman, 56, wanted to be heard. As Sri Lankan President Anura Kumara Dissanayake left the polling station at the Abeysingharama Temple in Maradana, Colombo, on Thursday, Sulaiman called out to him, urging him to stop and listen to his grievances. The police quickly accosted Sulaiman and asked him to leave the venue. “I want [Dissanayake] to listen to the woes of my people,” Sulaiman

Read More
November 13, 20240 Comments

Gold nears seven-week low as U.S. dollar surges on Trump win

Article content Gold slipped to its lowest level in more than seven weeks as the U.S. dollar continued to strengthen following Donald Trump’s election victory. Bullion fell as much as 1.1 per cent — after sliding 2.5 per cent in the previous session — as a gauge of the dollar rose to its highest level in a year. The gains, which make commodities priced in the greenback more expensive for

Read More
November 12, 20240 Comments

Moody: Trump’s win should make Canada more tax competitive

Breadcrumb Trail Links Personal Finance Taxes Moody: Instead of simply responding to measures that are sure to come, Canada should get ahead of them Published Nov 12, 2024  •  Last updated 6 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. U.S. President elect Donald Trump and Prime Minister Justin Trudeau are pictured in this file photograph.

Read More
November 12, 20240 Comments

Ex-Cleveland Fed President Mester sees fewer rate cuts after Trump win

Federal Reserve chair Jerome Powell speaks during a news conference on Sept.18, 2024 in Washington, DC. Anna Moneymaker | Getty The U.S. Federal Reserve could carry out fewer interest rate cuts than previously expected next year should President-elect Donald Trump’s proposed global tariffs take hold, former Fed policymaker Loretta Mester said Tuesday. Mester indicated that the Fed’s outlook was set to change under the incoming Republican administration’s fiscal plans, and

Read More
November 11, 20240 Comments

Investors see safety in India as Trump win casts shadow on emerging markets By Reuters

By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the White House next month has raised significant uncertainty for investors. However, India’s strong economic growth, limited exposure to Chinese and

Read More
November 10, 20240 Comments

US shares, Bitcoin hit record high and dollar soars on Trump win

US shares hit record highs on Wall Street and the dollar posted its biggest gain in eight years as Donald Trump was re-elected to the White House in a historic win. Bitcoin also hit an all-time high, following Trump’s election promise to prioritise the volatile crypto currency. Investors were, however, betting that Trump’s plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest

Read More
November 9, 20240 Comments

Here’s how Rosenblatt thinks Trump’s win could impact these internet media stocks By Investing.com

Investing.com – With Donald Trump now set to return to the White House for a second four-year term and Republicans taking hold of at least the Senate, investors are attempting to assess how the US president-elect’s policies and a conservative control of Congress could impact a range of industries. At Rosenblatt, analyst Barton Crockett offered some initial thoughts on how the outcome of the momentous Nov. 5 election will affect these

Read More
November 8, 20240 Comments

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism By Reuters

(Reuters) – Tesla (NASDAQ:)’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1

Read More
  • 1
  • 2