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Global EV sales hampered by China, US slowdown in January
Feb 13 (Reuters) - Global EV registrations fell 3% in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the U.S. hindered sales, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday. WHY IT'S IMPORTANTGlobal carmakers...Reuters
Fri, Feb 13
Norwegian Cruise Line appoints board member John Chidsey as CEO
Feb 12 (Reuters) - Norwegian Cruise Line Holdings NCLH.N said on Thursday it appointed John Chidsey as its chief executive officer, effective immediately, replacing Harry Sommer, who is stepping down.The company said Chidsey, 63, who had served at the helm of Subway Restaurants for five years until ...Reuters
Thu, Feb 12
USD/KRW: Downside risks build as flows improve – OCBC
OCBC analysts Sim Moh Siong and Christopher Wong note that USD/KRW has traded lower on Dollar weakness, stronger JPY, pro-risk sentiment and sizeable foreign inflows into Korean equities, with the KOSPI outperforming regionally.Fxstreet
Thu, Feb 12
Mohawk Industries Q4 revenue slightly beats estimates
OverviewFlooring company's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 exceeded analyst estimatesCompany repurchased 1.3 mln shares for $150 mln in 2025Mohawk implementing price increases across regions and product categoriesOutlookMohawk expects first-quarter adjusted EPS b...Reuters
Thu, Feb 12
Loss of Fed independence could push up inflation all around the world, Bundesbank warns
FRANKFURT, Feb 12 (Reuters) - A loss of independence at the U.S. Federal Reserve could raise political pressure on central banks all around the world and boost inflation for everyone, Bundesbank President Joachim Nagel said on Wednesday.U.S. President Donald Trump has put relentless pressure on ...Reuters
Thu, Feb 12
New York Fed desk plans to conduct purchases worth over $53 billion over next month
Feb 12 (Reuters) - The New York Federal Reserve's operations desk plans to conduct about $13.4 billion in reinvestment purchases and an additional approximately $40 billion in reserve management purchases between February 13 and March 12, it said in a schedule released on Thursday.Reuters
Thu, Feb 12
TREASURIES-US yields drop after initial jobless claims data, 30-year auction
Initial jobless claims decrease less than expectedCPI data due on Friday$25 billion 30-year auction sees very strong demandBy Chuck Mikolajczak NEW YORK, Feb 12 (Reuters) - U.S. Treasury yields were lower on Thursday, in the wake of data on the labor market that showed new applications for unempl...Reuters
Thu, Feb 12
Indonesia: Growth momentum seen extending into 2026 – Standard Chartered
Standard Chartered’s Senior Economist Aldian Taloputra notes that Indonesia’s Q4-2025 GDP rose 5.4% year-on-year, driven by domestic demand and stronger household consumption, lifting full-year 2025 growth to 5.1%.Fxstreet
Thu, Feb 12
EMEA: CEE carry seen vulnerable as flows reverse – BNY
BNY’s EMEA Macro Strategist Geoff Yu highlights a sharp divergence between LatAm (Latin America) and EMEA (Europe, Middle East, and Africa) FX flows, with LatAm seeing six‑month high inflows while EMEA suffers its strongest selling in six months.
Fxstreet
Thu, Feb 12
Hungary: Low inflation opens path for rate cuts – ING
ING economists Peter Virovacz and Zoltán Homolya note that Hungary’s January inflation fell sharply to 2.1% year-on-year, below the National Bank of Hungary’s 3% target. Core inflation also dropped under target, helped by price shield measures and a strong Forint.
WRAPUP 2-US labor market stabilizing; housing sector still subdued
Weekly jobless claims fall 5,000 to 227,000Continuing claims increase 21,000 to 1.862 millionExisting home sales tumble 8.4% in JanuaryBy Lucia Mutikani WASHINGTON, Feb 12 (Reuters) - The number of Americans filing new applications for unemployment benefits decreased less than expected last week,...Reuters
Thu, Feb 12
Norway's wealth fund grapples with conflicting ethics expectations at home and abroad
Scrutiny over investments in IsraelConcerns of US retaliation against NorwayCommission will deliver findings on ethical guidelines in OctoberBy Gwladys Fouche OSLO, Feb 12 (Reuters) - Norway's $2.2 trillion sovereign wealth fund, the world's largest, faces conflicting expectations at home...Reuters
Thu, Feb 12
