HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 4.1% in the June-August quarter, improving for the fourth consecutive period as economic activities revived in an easing …
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Marketmind: Hunkering down for a new phase in the inflation fight
by Reutersby ReutersA look at the day ahead in U.S. and global markets from Dhara Ranasinghe. An action-packed week for central banks around the world has not even got underway yet and …
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Chinese buyers snap up luxury homes as ‘hard currency’ in soft property market
by Reutersby ReutersBEIJING (Reuters) – In the southern Chinese city of Shenzhen, where the real estate sector has slowed, luxury property is bucking the downtrend, the official Securities Times reported on Monday, …
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Some investors fear Fed will tighten rates too far as inflation bites
by Reutersby ReutersBy Davide Barbuscia and David Randall (Reuters) – Just months ago, investors worried the Federal Reserve was not fighting inflation aggressively enough. Several jumbo rate hikes later, some now fear …
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ZURICH (Reuters) – A fire broke out early on Monday at a mountaintop restaurant in the Swiss Alps at an altitude of 3,000 metres (9,800 ft) and helicopters were helping …
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Ex-King Juan Carlos’ attendance at queen’s funeral draws scorn from Spanish left
by Reutersby ReutersBy Angus MacSwan LONDON (Reuters) – The presence of Spain’s disgraced former King Juan Carlos at the state funeral of Britain’s Queen Elizabeth has prompted criticism at home, with one …
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THE HAGUE (Reuters) – Iran on Monday told judges at the International Court of Justice in The Hague that the United States had created an “industry of litigation” against Tehran …
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Fed prepares to update racing odds as inflation bucks the reins
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, after chasing inflation for the better part of a year, will look ahead as far as 2025 in new projections this …
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Brazil institutions ready to confront Bolsonaro if he contests election result
by Reutersby ReutersBy Anthony Boadle and Ricardo Brito BRASILIA (Reuters) – As President Jair Bolsonaro lays the groundwork to contest a potential defeat in an October election, Brazil’s courts, congressional leadership, business …
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Explainer-What is driving tensions ahead of Brazil’s presidential election?
by Reutersby ReutersBy Anthony Boadle BRASILIA (Reuters) – Brazil will hold the most polarized presidential election in decades next month, with many expecting incumbent President Jair Bolsonaro to contest the result if …
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Amazon halts construction of new warehouses in Spain until 2024 – El Confidencial
by Reutersby ReutersMADRID (Reuters) – Amazon.com Inc has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources. El Confidencial …
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Tesla says China sales channel expansion proceeding at normal pace
by Reutersby ReutersSHANGHAI (Reuters) – Tesla said on Monday that it is still expanding its sales channels in China at a normal pace, in response to a Reuters report saying it was …
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U.S. Justice Dept asks appeals court to allow review of classified docs in Trump probe
by Reutersby ReutersBy Jacqueline Thomsen WASHINGTON (Reuters) -The U.S. Justice Department on Friday asked a federal appeals court to let it resume reviewing classified materials seized in an FBI search of former …
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Bulgaria’s current account posts 1.0%/GDP surplus through July
by Reutersby ReutersSOFIA (Reuters) – Bulgaria posted a current account surplus of 803.7 million euros ($801.6 million), equal to 1.0% of economic output in the first seven months, compared to a surplus …
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Russia says ready for U.S. prisoner swap talks but scolds embassy
by Reutersby ReutersMOSCOW (Reuters) -Russia’s foreign ministry said on Monday that it was ready for talks on a prisoner exchange to free U.S. citizens jailed in Russia, but that the American embassy …
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HELSINKI (Reuters) -Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession. The ministry now predicts gross domestic …
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Hurricane Fiona swamps Puerto Rico, knocking out power to island
by Reutersby ReutersBy Ivelisse Rivera and Ezequiel Abiu Lopez SAN JUAN, Puerto Rico/SANTO DOMINGO, Dominican Republic (Reuters) -Hurricane Fiona left most of Puerto Rico without power on Sunday, causing catastrophic flooding and …
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Iran raises possibility of meeting at U.N. assembly to revive nuclear deal
by Reutersby ReutersDUBAI (Reuters) -Iran does not rule out the possibility of a meeting on the sidelines of the annual U.N. General Assembly in New York on reviving its 2015 nuclear deal …
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Iran president repeats call for nuclear deal guarantees ahead of U.N. visit
by Reutersby ReutersWASHINGTON (Reuters) – Tehran would be serious about reviving a deal on its nuclear program if there were guarantees the United States would not again withdraw from it, Iranian President …
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Ukraine says Russia strikes Pivdennoukrainsk nuclear power plant, reactors undamaged
by Reutersby ReutersKYIV (Reuters) -Russian troops struck the Pivdennoukrainsk nuclear power plant in Ukraine’s southern Mykolaiv region early on Monday but its reactors have not been damaged and are working normally, Ukraine’s …
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Don’t touch foreigners to reduce monkeypox risk, China health official says
by Reutersby ReutersBEIJING (Reuters) -A senior Chinese health official advised people to avoid contact with foreigners to prevent monkeypox infection after the first known case of the virus on mainland China was …
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Volkswagen does not see chip shortage ending in 2023 – Automobilwoche
by Reutersby ReutersBERLIN (Reuters) – Volkswagen no longer sees chip shortages ending in 2023, and the German carmaker is preparing for the “new normal” of supply chain disruptions, Murat Aksel, head of …
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Italy’s right-wing bloc set for election win: five questions for markets
by Reutersby ReutersMILAN (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s election, at a time when soaring energy prices and rising …
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China set to keep lending benchmarks unchanged amid yuan pressure
by Reutersby ReutersSHANGHAI (Reuters) – China is expected to keep lending benchmarks unchanged this week, a poll of market participants showed, with authorities seen holding off monetary easing in the short-term to …
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A look at the day ahead in European and global markets from Tom Westbrook London markets close on Monday for the funeral of Queen Elizabeth II. The tone everywhere else …