Marketmind: Asia mood lifts as China’s small steps add up
A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last week’s rally, led by China shares, amid talk that all of…
A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last week’s rally, led by China shares, amid talk that all of…
By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year for China, saying that while…
(Reuters) – CrowdStrike Holdings on Wednesday raised its full-year outlook and forecast third-quarter revenue and profit above market estimates, as more clients turn to its integrated cybersecurity offerings to combat…
(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating…
By Nia Williams (Reuters) – The government of British Columbia said it would largely lift travel restrictions to the province’s wildfire-hit interior on Tuesday, as rain and cooler weather helped…
By Noel Randewich (Reuters) – The U.S. economy is likely growing at a 5.8% annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday…
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since March 2020, according to…
By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO (Reuters) – Japan’s government bond market has turned into a cat-and-mouse arena for investors and the Bank of Japan, as the latter tries…
(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3%…
(Reuters) – Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well…
(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and personal care products including liquid…
By Ludwig Burger (Reuters) -French drugmaker Sanofi on Friday increased its guidance for full-year earnings, citing strong sales of anti-inflammatory treatment Dupixent and closely-watched new drug launches. The Paris-based drugmaker…
(Reuters) – Kimberly-Clark Corp raised its full-year sales and profit forecasts on Tuesday, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resilient demand for essential…
By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the company topped analysts’ estimates for second quarter profit, helped by…
(Reuters) – Morgan Stanley raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects a “comfortable” soft-landing for the…
(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand and easing shortages of labor and construction supplies, sending its…
(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it…
By Steve Holland and Daphne Psaledakis WASHINGTON (Reuters) -The United States has lifted certain aid restrictions on Ethiopia in light of progress on human rights, White House national security spokesperson…
By Nivedita Balu and David Ljunggren TORONTO (Reuters) -Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to…
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at…
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and…
(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth…
SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. Late…