South Korea Nov 1-20 exports tumble on weak demand for chips, China woes
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by weak demand for chips and…
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by weak demand for chips and…
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2 years, as the housing market buckles under the strain of…
By Lisa Baertlein LOS ANGELES (Reuters) – October volume at the busiest U.S. seaport fell to its lowest level since 2009 as shippers sent cargo to alternate trade gateways to…
By David Randall NEW YORK (Reuters) – Hedge funds Group One Trading LP, Two Sigma Investments LP and Holocene Advisors LP were among the largest purchasers of Tesla Inc stock…
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a fourth straight month in September as the housing market continued to buckle under the strain of higher…
By Sruthi Shankar and Amruta Khandekar (Reuters) – European shares tumbled on Wednesday as nerves about soaring prices and rising interest rates were aggravated by inflation data from the United…
Stocks Tumble On The Heels Of Another Disastrous Inflation Report John Hugh DeMastri on September 30, 2022 All three major stock indices ended the third quarter in a bear…
By Scott Murdoch and Donny Kwok HONG KONG (Reuters) – Hong Kong’s two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their…
By David Randall NEW YORK (Reuters) – Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of the winners of the so-called…
(Reuters) – U.S.- listed shares of Chinese companies fell on Tuesday over rising tensions between Beijing and Taiwan, while a Reuters report naming Alibaba among the first batch of firms…
By Ana Mano SAO PAULO – Investors dumped shares in Brazilian food processor BRF SA on Thursday after a wider-than-expected quarterly loss partly attributed by management to nonrecurring events. In…
By Noel Randewich (Reuters) – Shares of several major U.S. companies tumbled in extended trade on Wednesday following poor quarterly results and forecasts that underscored fears about a potential recession.…
WASHINGTON – Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level and…
By Josh Ye HONG KONG – Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch, a…
By David Randall NEW YORK – A collapse in cryptocurrency company Coinbase Global Inc pushed star stock picker Cathie Wood’s ARK Innovation ETF down nearly 8% on Wednesday, putting it…
By Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in its domestic market, and vowed…
(Reuters) – Nektar Therapeutics said on Thursday it had stopped all trials involving its key cancer drug following its failure in multiple studies, dragging the drug developer’s shares down 23% in…
COLOMBO – Sri Lankan leaders from garments, tea and other industries said on Friday the country’s goods and services exports could plunge 20% to 30% this year due to high…
By Svea Herbst-Bayliss BOSTON -Hedge fund Starboard Value LP on Friday lost a fight to replace four directors at Huntsman Corp but shares of the U.S. specialty chemicals company tumbled…
– U.S. auto retail sales could decline in March as rising inflation hinders spending by customers already limited by slim inventories due to pandemic-led supply shortages, and now the Ukraine…
WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing…