China’s major state banks defend yuan as stock markets slide – sources
(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan … Read more
(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan … Read more
MEXICO CITY (Reuters) – Mexican headline inflation likely eased in the first half of January after ticking up for the past four consecutive half-month periods, … Read more
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A decline in U.S. stocks sent Wall Street’s “fear gauge” to a two-month high on Wednesday, as … Read more
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth … Read more
(Reuters) – Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. … Read more
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four … Read more
A look at the day ahead in European and global markets from Tom Westbrook Oil prices defied worries over war in the Middle East and … Read more
(Reuters) – A fall in the price of cobalt, a silvery-blue metal used in electric vehicle (EV) batteries, electronics and the defence sector, has yet … Read more
ZURICH (Reuters) – Wealth manager Julius Baer’s shares slumped another 5% on Tuesday, bringing its total decline since the start of last week to more … Read more
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asia has been in a contemplative … Read more
MILAN (Reuters) – Global dividends fell 0.9% to $421.9 billion in the third quarter due to lower special dividends and a small number of corporations … Read more
By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered … Read more
(Reuters) -Beyond Meat missed market expectations for quarterly revenue and posted a wider-than-expected loss on Wednesday, hurt by relentless weakness in demand for plant-based meat … Read more
By Pete Schroeder WASHINGTON (Reuters) – Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve is expected to propose lowering … Read more
By Sarah Wu and Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on … Read more
By Rocky Swift TOKYO (Reuters) – The Japanese operator of global clothing chain Uniqlo is expected to blow past last year’s record profit when it … Read more
By Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor … Read more
By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) – Japan won’t rule out any options in addressing excess volatility in currency markets, the government’s top … Read more
By Chibuike Oguh NEW YORK (Reuters) – Shares of Planet Fitness Inc fell as much as 16% to a three-year low on Friday after the … Read more
By Chibuike Oguh NEW YORK (Reuters) – Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month … Read more
ATLANTIC CITY, NJ – Orsted, the Danish company building a controversial wind farm project off the cost of New Jersey is having financial problem and … Read more
By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) – Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc … Read more
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s exports in August fell 7.6% from a year earlier, official data showed on Tuesday, making a … Read more
(Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor worries … Read more
By Fabian Cambero SANTIAGO (Reuters) – Chilean state mining giant Codelco’s incoming chief executive Ruben Alvarado has a mammoth task ahead of him: boosting copper … Read more
LONDON (Reuters) – British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, … Read more
(Reuters) – Dick’s Sporting Goods shares slumped as much as 24.5% on Tuesday as the footwear retailer slashed its full-year profit target after missing expectations … Read more
(Reuters) -Shares of Hawaiian Electric Industries extended recent losses on Thursday, briefly hitting their lowest since 1985, as the utility faced questions about the role … Read more
By Nupur Anand NEW YORK (Reuters) – U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may … Read more
By Valerie Insinna (Reuters) – Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after the aerospace manufacturer disclosed major … Read more
(Reuters) – Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in … Read more
LONDON (Reuters) – British retail sales fell in July at the fastest rate since April 2022 and stores are bracing for worse times ahead, with … Read more
CHICAGO, IL – A Chicago family experienced an unexpected and alarming lunchtime incident when an evacuation slide from an airplane fell and struck their house … Read more
By Safiyah Riddle (Reuters) – A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the … Read more
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said it was investigating a United Airlines Boeing 767-300 flight that lost an emergency evacuation slide … Read more
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets could not be … Read more
LONDON (Reuters) – Derivatives that track the value of key bank debt fell sharply on Monday, after UBS agreed to rescue rival Credit Suisse, forcing … Read more
NEW YORK (Reuters) – Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & … Read more
TOKYO (Reuters) – Shares in Japan’s Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved … Read more
(Reuters) – Sales of previously owned U.S. homes will fall for a second year in 2023 to their lowest annual total since 2012 when the … Read more
By Angus McDowall (Reuters) – As its political stalemate festers, Libya risks sliding back towards civil war with diplomacy at a standstill, politicians thwarting progress … Read more
(Reuters) – Grayscale Bitcoin Trust, the world’s largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week’s high-profile … Read more
(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings … Read more
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc’s forecast for holiday-quarter revenue fell about $2 billion short of Street estimates, as the chipmaker … Read more
(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its annual revenue and cash flow … Read more
BEIJING (Reuters) – China’s fiscal revenue growth picked up pace in September from a month earlier, according to Reuters calculations based on official data on … Read more
LONDON (Reuters) -British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country’s political upheavals compound … Read more
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after a report suggesting the Federal … Read more
(Reuters) – Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump … Read more
By Eric Onstad and Mai Nguyen LONDON/HANOI (Reuters) – Industrial metal trading volumes have fallen across the world and may slide further as economic threats … Read more