Investing.com -- Madis Muller, a member of the European Central Bank (ECB) Governing Council, issued a warning about potential inflation risks. Muller highlighted that US trade tariffs and increased public spending in Germany could contribute to inflation.Speaking to Estonian radio on Monday, Muller expressed his concern over the financial markets’ expectation of the ECB further lowering interes ...
By Kevin Buckland(Reuters) -The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump’s aggressive tariffs sparked concerns of a U.S. recession.Overseas investors scooped up some 2.18 trillion yen ($15.49 billion) of JGBs with maturities of more than 10 years in March, figures ...
Investing.com – Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.At the close in Tokyo, the Nikkei 225 declined 1.30%.The best performers of the session on the Nikkei 225 were Oji Holdings Corp. (TYO:3861), which rose 6.68% or 41.30 points to trade at 659.60 at the close. Meanwhile, Sumitomo Osaka Cement ...
Investing.com -- South Korean firm LG Energy Solution (LGES) officially announced on Monday its withdrawal from a substantial electric vehicle (EV) battery manufacturing project in Indonesia, valued at 142 trillion rupiah ($8.45 billion). The project, termed the Indonesia Grand Package, was agreed upon between LGES and the Indonesian government in late 2020. The deal involved investments across th ...