Mexico inflation seen back on downward slide in early January: Reuters poll
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, a Reuters poll showed on Tuesday. Accelerating…
Vision Fund slide points to more pain for SoftBank’s Son
By Sam Nussey TOKYO – Sliding valuations in the listed portfolio of SoftBank Group Corp’s Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports April-June earnings…
Australia home prices slide, Sydney suffers worse month in 40 years
By Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid rising borrowing…
Turkish lira on slow slide in search of FX relief
By Nevzat Devranoglu ANKARA – The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about the government’s foreign exchange policy in the…
Emerging market fund Ashmore shares hit 13-yr low as investors pull out cash
LONDON -Shares in emerging markets investment firm Ashmore fell to a 13-year low on Thursday after it reported a much heavier-than-expected $6.6 billion exodus from its funds after a torrid few months…
AMERICAN PRIDE ON THE SLIDE: Record-Low 38% ‘Extremely Proud’ to Be American
AMERICAN PRIDE ON THE SLIDE: Record-Low 38% ‘Extremely Proud’ to Be American Max Keating on June 30, 2022 A record-low 38% of U.S. adults say they are “extremely proud” to be American,…
Australian banks slide further as RBA view raises housing market concerns
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years earlier this…
India’s LIC shares set to slide in market debut after record IPO
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on Tuesday. LIC shares were trading at 872…
Traders see a method to Turkish lira’s recent slide
By Nevzat Devranoglu ANKARA – A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a…
Train maker Alstom’s shares slide as cash flow divides
By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation and guidance divided the market. The stock…
Novavax shares slide 20% on COVID vaccine demand uncertainty
(Reuters) – Novavax Inc’s shares plunged nearly 20% in premarket trading on Tuesday due to uncertainty over global demand for the company’s COVID-19 vaccine following a slow start to deliveries. The company…
Analysis-U.S. bond investors worry deep slide will end 40-year bull market
By David Randall NEW YORK – The 40-year bull market in U.S. bonds is dead. Long live the bond bull market. The U.S. Treasuries market began 2022 with one of its biggest…
Wall Street’s big slide makes retail investors wary to ‘buy the dip’
By John McCrank NEW YORK – U.S. investors have apparently been losing their appetite to “buy the dip” during Wall Street’s recent slide, further eroding support for a market pummeled by worries…
Asia deals slide in Q1, hit by deteriorating business outlook
By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest rates and…
LME nickel extends its slide as bugs still hit trading
By Eric Onstad LONDON -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but for a third session in a row it hit limit down, sliding 12%…
Lucid cuts 2022 production goal, shares slide
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and logistics challenges,” knocking its shares down 14%.…
Forward prices slide with sanctions yet to hit Russian energy
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact on energy supplies. [NG/EU][O/R] The price fall…
Meta slide drives ‘insane’ options volume as some bet on bounce
By Saqib Iqbal Ahmed NEW YORK – A plunge in the shares of Facebook owner Meta Platforms Inc fueled a surge of options trading on Thursday, with some investors positioning for a…
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