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Lates News
04/08/2025
WTI crude oil futures opened with a 1% decrease, falling to $66.65 per barrel. On the news front, OPEC+ has decided to significantly increase production in September.
Latest
2 m ago
Berkshire Hathaway's after-hours trading fell more than 2%. Warren Buffett's Berkshire Hathaway company announced on Saturday that its second-quarter operating profit fell 4% year-on-year to $11.16 billion. The company once again issued a stern warning about President Trump's tariffs and their potential impact on its various businesses.
2 m ago
Berkshire Hathaway's Class B shares fell more than 2% in after-hours trading. Warren Buffett's Berkshire Hathaway announced on Saturday that its operating profit for the second quarter fell 4% year-on-year to $11.16 billion. The company once again issued a stern warning about President Trump's tariffs and their potential impact on its various businesses.
3 m ago
Overnight, stocks and bonds have turned upside down! Non-farm payrolls detonated expectations of interest rate cuts, and the steepening of the U.S. bond market is sweeping Wall Street.
4 m ago
Moody's: Indonesia's economy may lose momentum in the second quarter.
4 m ago
Moody's Analytics expects Indonesia's GDP growth in the second quarter to slow down from 4.9% quarter-on-quarter in March to a year-on-year growth of 4.6%. The company stated in a report that this will be the weakest result since the September 2021 quarter when economic contraction occurred due to COVID-19 lockdowns. Global trade tensions may put pressure on exports, while decreasing consumer confidence, slowing industrial activity, and high unemployment rates will drag down the domestic economy. Moody's Analytics predicts that GDP growth in 2025 will be 4.7%, lower than the government's target of 5%. GDP data will be released on Tuesday.
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