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…
SEOUL, Nov 1 (Reuters) – North Korea said on Saturday that denuclearisation of the Korean peninsula, which South Korea said will be discussed in a summit with China later that day, is an unrealisable “pipe dream,” according to state media KCNA. Chinese President Xi Jinping and South Korean President Lee Jae Myung are set to…
BEIJING, Oct 31 (Reuters) – China’s Shenzhou-21 space rocket and its crew including the youngest member of its astronaut corps blasted off on Friday atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China, Chinese state media reported. It was the seventh mission to the permanently inhabited Chinese space station since…
Oct 31 (Reuters) – The United States cancelled a planned Budapest summit between President Donald Trump and Russian President Vladimir Putin following Russia’s firm stance on hardline demands regarding Ukraine, the Financial Times reported on Friday. The decision came after a tense call between the two countries’ top diplomats, the Financial Times said, citing people…
Xi to hold first talks with Japan’s new leader Takaichi Canada seeks to restart engagement with China Host South Korea warns of changes to free trade order Bessent stands in for Trump at APEC summit discussions GYEONGJU, Oct 31 (Reuters) – China’s Xi Jinping will take centre stage at an annual gathering of Pacific Rim…
ABOARD AIR FORCE ONE, Oct 30 (Reuters) – U.S. President Donald Trump said on Thursday that the United States will cut its tariffs on Chinese goods related to fentanyl to 10% from 20%, after his summit with Chinese President Xi Jinping in South Korea. Xi will work “very hard to stop the flow” of fentanyl,…
BOJ stands pat on rates, yen falls Currency reaction muted after Trump-Xi meeting; details awaited Trump says trade deal with China could be signed on Thursday Traders reduce expectations for 25bp Fed cut in December SINGAPORE, Oct 30 (Reuters) – The yen fell on Thursday in the wake of the Bank of Japan’s decision to…
Fed’s Powell hints 25 bps cut may be last of 2025 BOJ expected to leave rates on hold for now ECB also seen standing pat Trump and Xi to meet in South Korea, de-escalation expected U.S. tech sector earnings weigh on stocks SINGAPORE, Oct 30 (Reuters) – Asian stocks fluctuated between gains and losses early…
Reform UK faces scrutiny transitioning from protest to power Local government efficiency push modelled on Musk’s DOGE Farage seeks experienced defectors to bolster party’s clout National cost-cutting plans dismissed by economists as unrealistic NORTHAMPTON, England, Oct 29 (Reuters) – Britain’s Reform UK has surged in popularity on the back of fiery rhetoric against illegal immigrants,…
Asia shares upbeat; eyes on earnings from tech giants Microsoft, Alphabet, Meta report after the bell 25bp Fed cut baked in, focus on end of QT Yen strengthens after Bessent urges Tokyo to give BOJ scope to raise rates SINGAPORE, Oct 29 (Reuters) – Asian shares got a lift from Wall Street on Wednesday thanks…