Stocks fall as investors await U.S. economic data Japan’s PM Takaichi to meet BOJ governor as markets speculate on rates Fed rate-cut expectations decrease despite U.S. economic weakness SYDNEY, Nov 18 (Reuters) – Asian stocks slid in early trade on Tuesday, as financial markets waited on a rush of key U.S economic data delayed by…
BEIJING, Nov 17 (Reuters) – China defence ministry said on Monday it has lodged representations with the United States over its arms sale to Taiwan, vowing to take “all necessary” measures to defend national sovereignty and territorial integrity. “We urge the U.S. side to immediately stop its egregious practice of arming Taiwan and avoid undermining…
Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
A look at the day ahead in European and global markets from Tom Westbrook U.S. economic data starts flowing again on Monday, with construction spending figures for August. September jobs data is due on Thursday. Sign up here. More up-to-date labour and price figures are not due until next month and concern over the data’s…
US jobs, Nvidia earnings headline week ahead Japan economy contracts on US tariff hit; Nikkei flat Dollar up slightly vs euro SINGAPORE, Nov 17 (Reuters) – Asia’s stock markets struck a cautious tone on Monday as traders looked ahead to a week of corporate earnings and catch-up U.S. data, with the focus on the interest…
UK’s Reeves ditches plan to raise income tax rates Gilt yields up sharply, FTSE falls Euro rises to highest since 2023 vs pound LONDON, Nov 14 (Reuters) – British markets were whipped around on Friday, with sterling, government bonds and stocks suffering steep losses as speculation swirled around the UK government’s highly-anticipated November 26 budget….
Nikkei slides 2%, South Korea drops 3.6% Wall St tumbled overnight, bonds retreat Investors see Fed rate cut next month as a toss up Fed officials take hawkish view; U.S. jobs data for Oct may not be available SINGAPORE, Nov 14 (Reuters) – Asian shares tumbled on Friday, joining a global selloff as hawkish comments…
Q3 net loss widens to $365 million from $323 million a year ago Revenue jumps 36% in Q3, but tariffs and costs hit margins Shares drop as much as 17% Nov 12 (Reuters) – Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split – reducing the number…
April cyber hack disrupted turnaround momentum ‘Factory to floor’ supply chain overhaul underway 120 million pound investment in automation Aims to double fashion, home and beauty online sales LONDON, Nov 12 (Reuters) – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks…
Shein to open outlet in Paris department store on Wednesday Its first permanent stores have drawn widespread criticism France working on fast fashion law that Shein opposes Shein under scrutiny in France over low-cost business model LONDON, Nov 4 (Reuters) – Chinese online fashion platform Shein is ramping up its fight in France, gambling that…