Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi tariff truce offers limited relief, deeper issues remain Nov 3 (Reuters) – Asia’s big manufacturing hubs struggled to fire up in October, business surveys showed on Monday, as weak U.S. demand and tariffs under President Donald Trump…
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings focus now to be on tech firms Japan closes for holiday, trading in Asia likely to be muted SINGAPORE, Nov 3 (Reuters) – Asian stocks rose on Monday as the U.S.-China trade truce and soaring spending on…
Berkshire still a net seller of stocks, no buybacks Buffett prepares to give CEO title to Greg Abel Berkshire stock trails broader market Nov 1 (Reuters) – Berkshire Hathaway (BRKa.N), opens new tab signaled on Saturday that it remained cautious about markets, letting cash swell to a record $381.7 billion even as profit rose, in…
Indexes end up: Dow 0.09%, S&P 500 0.26%, Nasdaq 0.61% Wall Street boasts longest monthly winning streaks in years Amazon jumps almost 10% as cloud growth beats expectations Warner Bros jumps almost 9% after Reuters report of Netflix bid Oct 31 (Reuters) – Wall Street’s main stock indexes closed higher on Friday, with their biggest…
Solid Q3 earnings season sees 130 more S&P 500 reports next week Meta, Microsoft shares stumble after results; Alphabet, Amazon gain Private data including ADP employment in focus as shutdown set to delay jobs report NEW YORK, Oct 31 (Reuters) – A resilient U.S. stocks rally heads into a busy week of corporate results, with…
Oct 31 (Reuters) – TXSE Group said on Friday Wall Street behemoth J.P. Morgan had made a strategic investment in the company, becoming the latest to join a roster of marquee backers of the Texas Stock Exchange-parent. The total capital raised by TXSE, backed by financial heavyweights BlackRock (BLK.N), opens new tab, Charles Schwab (SCHW.N),…
Oct 31 (Reuters) – Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping. Investors accumulated a net $10.58 billion worth of global equity funds, extending their…
Item 1 of 3 U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea. REUTERS/Evelyn Hockstein [1/3]U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after…
Oct 30 (Reuters) – Netflix (NFLX.O), opens new tab on Thursday announced a ten-for-one stock split, making the streaming company’s shares more affordable for retail investors. The company said it would issue nine additional shares for each share held after close of trading on Nov 10, adding that the split will make its stock more…
Earnings from Amazon, Apple lift Nasdaq futures by 1.2% Nikkei heads for 15% monthly gain, South Korea stocks up 20% Chinese shares down as PMI misses forecast Dollar near 3-month highs SYDNEY, Oct 31 (Reuters) – Asian shares are set for a seventh straight month of gains on Friday, after upbeat earnings from Amazon and…