Global money market funds see big demand as rate cut euphoria fades
(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which may influence…
Global house price downturn fades, most markets to rise in 2024: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The recent downturn in global property prices is mostly over with average home prices in major markets now expected to fall less than anticipated at the…
Marketmind: Bonds droop as inflation cheer fades
A look at the day ahead in European and global markets from Tom Westbrook How do you put the cork back in a bottle of champagne? Perhaps ask your friendly bond dealer,…
Marketmind: US CPI smile fades, it’s raining yen
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Markets are betting that the Fed’s most aggressive rate-hiking campaign in more…
Yellen sees disinflation pressures at work as hiring surge fades – Bloomberg News
(Reuters) – U.S. Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a leading role in helping slow inflation, among a raft of factors imposing…
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll…
Hong Kong protest anthem’s online presence fades as govt seeks total ban
By Jessie Pang HONG KONG (Reuters) – Various versions of the pro-democracy protest anthem “Glory to Hong Kong” were unavailable on Apple’s iTunes Store, Spotify, KKBOX, Facebook and Instagram’s Reels on Wednesday…
China’s car sales rise 2.1% in April as price war effect fades
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts…
India annual GDP growth to slow in Sept quarter as COVID effect fades
By Aftab Ahmed NEW DELHI (Reuters) – Annual growth in the Indian economy likely slowed in the July-September quarter as COVID distortions faded, economists said ahead of GDP data due on Wednesday…
France’s CMA CGM sees profits ebbing as shipping boom fades
PARIS (Reuters) -CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending, and this will reduce its…
Zoom shares down 90% from peak as pandemic boom fades
(Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID world. The…
Zoom shares down 90% from peak as pandemic boom fades
(Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID world. The…
DOWNING: Red Wave Washes Through Florida, Fades In The Heartland And Barely Reaches Alaska
DOWNING: Red Wave Washes Through Florida, Fades In The Heartland And Barely Reaches Alaska Suzanne Downing on November 10, 2022 The U.S. Senate isn’t the red wave conservatives hoped to surf this…
Ukraine’s first lady: ‘We are in trouble’ if solidarity fades
By Catarina Demony LISBON (Reuters) – Ukraine’s first lady Olena Zelenska said on Wednesday her war-torn country will be in trouble if the world’s solidarity starts to fade, but added she still…
Against war and other shocks, pandemic fades from world economic agenda
By Howard Schneider WASHINGTON (Reuters) – The dozens of items on the public agenda of the annual meetings of the World Bank and International Monetary Fund this week include several sessions on…
Burberry says U.S. demand for sneakers and slides fades
LONDON – British luxury brand Burberry said a drop in demand for footwear such as sneakers and slides drove a 4% fall in first-quarter like-for-like sales in the Americas. “We’ve had very…
BOJ upgrades view on most regional Japan areas as pandemic impact fades
TOKYO – The Bank of Japan raised its economic assessment for seven of the country’s nine regions on Monday, saying most areas were seeing damage from the COVID-19 pandemic subside. “Most regions…
J.P.Morgan downgrades India’s IT sector as pandemic boom fades
(Reuters) – Soaring inflation, supply chain issues and the hit from the Ukraine war will bring an end to the growth boom India’s IT services industry enjoyed during the pandemic, J.P.Morgan analysts…
Japan’s March factory activity speeds up as COVID impact fades -PMI
TOKYO – Japan’s manufacturing activity grew at a faster pace from the prior month in March as domestic demand got a lift from the waning impact of the coronavirus pandemic. Activity in…
White House to reopen to public tours as Omicron fades
WASHINGTON – The White House will reopen to the public next month after being shuttered two years amid the COVID-19 pandemic, it said on Tuesday, with the U.S. Capitol reportedly also weighing…
Full U.S. Congress invited to Biden’s State of Union speech as COVID fades
By Moira Warburton WASHINGTON – The full U.S. Congress will be invited to President Joe Biden’s State of the Union address on March 1, a year after the invitation list to his…
Europe To Rely More On Coal As Natural Gas Demand Fades
Europe is set to rely more heavily on coal production in 2022 as liquified natural gas demand decreases due to heightened tensions with Russia, according to an International Energy Agency (IEA) report…
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