Marketmind: Parsing the peak, sidestepping a slump
A look at the day ahead in U.S. and global markets from Mike Dolan. There’s no shortage of economic gloom about but optimists have reasons to cling to hopes of…
A look at the day ahead in U.S. and global markets from Mike Dolan. There’s no shortage of economic gloom about but optimists have reasons to cling to hopes of…
SHANGHAI (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with…
SEOUL (Reuters) – South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’…
By Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country roughly the size of Europe,…
MOSCOW (Reuters) – Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options amid a recession…
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the…
MOSCOW (Reuters) – Russia’s economy has overcome the short-term slump caused by President Vladimir Putin’s partial mobilisation order, but the disinflationary impact it had in reducing consumer demand has practically…
MOSCOW (Reuters) -Russia’s automobile market slump extended into November, the Association of European Businesses (AEB) said on Tuesday, with sales of new cars down 61.6% year-on-year, as the struggling sector…
(Reuters) – Canada’s Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business tumbled and the lender increased provisions for credit losses to…
By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next year, according to a Reuters poll of analysts who forecast…
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with the promotion of exports to key regions like Southeast Asia…
SHANGHAI (Reuters) – Sharp declines in Chinese bond prices as the government takes steps to boost the economy have prompted an investor outcry and a rush of redemptions, putting pressure…
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to…
LONDON (Reuters) – The biggest downturn since January 2021 hit British services companies last month, although it was not as severe as first estimated, according to a business survey that…
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 struggles with a slump in…
By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening fears of global recession, and…
By Yuvraj Malik (Reuters) – Microsoft Corp is set to post its slowest quarterly revenue growth in over five years on Tuesday, with some analysts casting doubts whether the company…
(Reuters) – Shares of Uber Inc, Lyft Inc and Doordash Inc fell about 10% on Tuesday on fears that a U.S. proposal to deter companies from treating workers as independent…
By Andy Bruce LONDON (Reuters) – British government bond prices tumbled on Monday in a sign that investors are yet to be convinced by Finance Minister Kwasi Kwarteng’s drive to…
PARIS (Reuters) – Shares in French TV company M6 slumped on Tuesday after Bertelsmann’s RTL Group scrapped a plan to sell its controlling stake in M6. M6 shares were down…
By Arriana McLymore NEW YORK, NY (Reuters) – Bed Bath & Beyond investors will be closely watching the home goods retailer’s second quarter earnings on Thursday for clues as to…
LONDON (Reuters) – Pakistan’s bonds slumped on Friday, leaving many at half of their face value after a Financial Times report that the United Nations Development Programme was set to…
By Clare Jim HONG KONG (Reuters) – When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain…
BERLIN (Reuters) – German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the…