Tuesday , 30 December 2025

Recent Posts

China’s yuan heads for six-month high

Bloomberg China’s yuan is shrugging off poor economic data to head for its strongest level in six months, but the gains are coming so fast they’re casting uncertainty over the rally’s longevity. The currency rose as much as 0.42 percent to 6.7383 per dollar on Tuesday, in line for its highest close since July. It has rallied 1.8 percent this …

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India stocks gain as low inflation kindles hopes

Bloomberg Indian stocks rose, joining peers across Asia, as inflation in December eased to an 18-month low, increasing the odds that the central bank may reduce rates helping revive demand and lower the cost of borrowing for companies. The S&P BSE Sensex advanced 1.3 percent to 36,318.33 at the close in Mumbai, snapping three sessions of decline and clocking its …

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Sears extends talks on Eddie Lampert’s plan to rescue chain

Bloomberg Talks on the latest Sears takeover bid from Chairman Eddie Lampert continued late into Monday evening as stakeholders tried to reach an agreement on whether Sears Holdings Corp should live on. Negotiators initially didn’t embrace Lampert’s revised rescue plan for the bankrupt retailer, but they were concentrating on his proposal rather than competing bids from liquidators, according to people …

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