Tuesday , 16 December 2025

Classic Layout

S&P 500 on longest rally in month; Treasuries drop

Bloomberg Stocks rose and Treasuries fell as a lull in the trade war gave investors room to focus on the start of the earnings season. The S&P 500 Index gained for a fourth day, the longest streak since the beginning of June. PepsiCo Inc. jumped more than 3 percent after reporting better-than-forecast profit, bolstering optimism that Corporate America enjoyed a …

Read More »

Double-digit profit growth seen again for India equities

Bloomberg At a time when emerging markets have been roughed up by trade tensions between the world’s biggest economies, the earnings picture in India is improving. That’s the message from Morgan Stanley as it expects companies in the S&P BSE Sensex to report a 23 percent increase in net income in the June quarter from a year earlier, with more …

Read More »

Natural gas drillers are fighting for their lives

Bloomberg The natural gas industry is on a mission to prove it can keep up with the green energy industry, whose price reductions are starting to become a competitive threat to fossil fuels. Gas and oil producers have slashed overheads by a third since 2014 and are finding deeper reductions harder to come by, according to energy consultants Wood Mackenzie. …

Read More »

Libya oil output to drop as ports halted

Bloomberg Libya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political deadlock, the head of the country’s state energy producer said. “Today, production is 527,000 barrels a day, tomorrow it will be lower, and after tomorrow it will be even lower and everyday it will keep falling,” Mustafa …

Read More »

US oil sellers may look to India amid trade spat

Bloomberg American oil producers may find a new friend in India as they brace for a trade war with China that could curb US shipments. Refiners in China were the top buyers of American crude oil in May, and have been regular importers since the US revived domestic output and exports in recent years. But sales may slow amid a …

Read More »

Improving euro-area inflation appears self-sustained: Draghi

Bloomberg Mario Draghi said the improvement in euro-area inflation is on a self-sustained path as he struck a confident tone that the European Central Bank (ECB) can withdraw its stimulus despite the rising specter of a global trade war. Addressing European Parliament lawmakers, the ECB president urged the region’s governments to lead by example by pushing back against creeping protectionism, …

Read More »

As Danske Laundromat shuts, small banks are told they’re targets

Bloomberg Denmark’s financial watchdog is telling smaller lenders to brace for an assault by money launderers as big banks respond to intense regulatory scrutiny and improve their defenses. The head of the Financial Supervisory Authority (FSA) in Copenhagen, Jesper Berg, says smaller institutions are now particularly vulnerable. The comments come amid a string of revelations alleging that Danske Bank A/S was …

Read More »

Malaysia’s new central bank governor has reason to turn more dovish over rate hikes

Bloomberg Malaysia’s new central bank governor presides over her first interest-rate meeting in a better position than most of her peers in Southeast Asia. Unlike her counterparts in Indonesia and the Philippines — who are ramping up rate hikes to defend their currencies — Nor Shamsiah Mohd Yunus doesn’t have to do anything for now. Even in Thailand, where rates …

Read More »

Barclays, Morgan Stanley challenge small-cap rally

Bloomberg Two Wall Street strategists are casting doubt on one of this year’s most-popular trades: buy small-cap stocks. Don’t be fooled by the consensus that smaller companies are better positioned to weather a global trade war, Barclays’ Maneesh Deshpande said. While it’s true that their domestic focus makes them less vulnerable to trade barriers, their bigger reliance on imports means …

Read More »