US equity funds see big outflows on rate-cut uncertainty, earnings caution
(Reuters) – U.S. equity funds saw large outflows in the seven days to Jan. 17 as a solid retail sales report and pushback from Federal Reserve officials tempered hopes about a policy…
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist Jason Cohen on March 15, 2023 After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming…
Tech Giant To Fire 10,000 Employees, Cut Thousands More Unfilled Jobs Amid Economic Uncertainty
Tech Giant To Fire 10,000 Employees, Cut Thousands More Unfilled Jobs Amid Economic Uncertainty Jason Cohen on March 14, 2023 Meta CEO Mark Zuckerberg announced that as Meta strives for a ‘Year…
ASML, China customers haunted by uncertainty on new Dutch chip export rules
By Toby Sterling and Philip Blenkinsop AMSTERDAM (Reuters) – The Dutch government has not yet defined crucial aspects of new restrictions on chip-technology exports to China including whether ASML Holding NV can…
Taiwan Dec export orders fall for 4th month, uncertainty darkens outlook
TAIPEI (Reuters) – Taiwan’s export orders contracted for a fourth straight month in December, hit by slumping Chinese demand and weaker global consumer spending due to inflation and interest rate hikes. The…
UK property market weakest since 2010 as uncertainty weighs: RICS
By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as buyer demand and sales activity weakened more sharply than expected in the…
Canadian dollar to rebound in 2023 if economic uncertainty clears: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s dollar will rally this year, but much of the upswing will have to wait until a period of uncertainty passes for the domestic and global…
Horse racing-National doping rules delayed amid legal uncertainty
By Rory Carroll (Reuters) – U.S. federal officials hit the brakes on Monday regarding the Jan. 1 adoption of national anti-doping rules for racehorses after a recent court ruling against the program.…
Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies as President-elect Luiz Inacio Lula da Silva…
Gold jumps as dollar weakens on Fed rate-hike uncertainty
By Seher Dareen (Reuters) – Gold prices were on track to gain for the week, rising more than 1% on Friday as the dollar weakened amid reports of a potential debate amongst…
Shares in BTS’ management rise after band clears uncertainty over military service
By Joyce Lee SEOUL (Reuters) – The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed a cloud of uncertainty that has hung…
Indonesian president to order stress test for economy amid global uncertainty
JAKARTA (Reuters) – Indonesian President Joko Widodo said he will order his administration to run a stress test to determine whether Southeast Asia’s largest economy could withstand significant economic shocks amid fears…
Argentina ‘superministry’ launch lifts bonds, but uncertainty lingers
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK – Argentina’s international bonds rose on Friday but remain near historic lows after President Alberto Fernandez’s launched a “superministry” designed to coordinate economic…
‘Embrace the uncertainty’ from less central bank guidance – former Fed officials
By Lisa Pauline Mattackal (Reuters) – Investors and policymakers should welcome the Federal Reserve’s changing tack to provide less definitive signals on forward guidance, even as markets scramble to guess the U.S.…
Brazil’s biggest individual investor remains a buyer amid political uncertainty
By Paula Arend Laier SAO PAULO – One of Brazil’s most successful individual investors, Luiz Barsi, said he is continuing to buy shares in its companies even as uncertainties loom ahead of…
BOJ’s Kuroda warns of high economic uncertainty, repeats easy policy bias
By Leika Kihara TOKYO -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of “very high uncertainty” over the economic outlook and stressed anew the central bank’s readiness to ramp up…
Fed’s Williams: After fast rate hikes this year, uncertainty over what’s next
MAYAGUEZ, Puerto Rico – The Federal Funds rate will need to rise as high as 3.5% by the end of the year but what follows after that is far less certain, New…
Fed’s George feared 75-basis-point rate hike added to ‘policy uncertainty’
(Reuters) – Kansas City Federal Reserve President Esther George on Friday said she dissented against the U.S. central bank’s three-quarters-of-a-percentage-point interest rate increase this week because she “viewed that move as adding…
Finland’s Nokian Tyres lifts sales outlook despite Russia uncertainty
COPENHAGEN – Finland’s Nokian Tyres on Friday nudged up its sales guidance despite an uncertain operating environment related to Russia, home to its largest production plant. The company, which used to make…
Nord Stream 1 gas supply cut aimed at sowing uncertainty, Germany warns
By Madeline Chambers and Christoph Steitz BERLIN -Russia’s Gazprom on Wednesday announced a further cut in the amount of gas it can pump through the Nord Stream 1 pipeline to Europe, a…
Moody’s downgrades Ukraine to “Caa3” on debt uncertainty
(Reuters) – Moody’s on Friday downgraded Ukraine’s foreign currency sovereign credit rating to “Caa3” from “Caa2”, with a negative outlook, citing increased risks to the government’s “debt sustainability” following Russia’s invasion. “While…
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…
Siemens Gamesa’s keeps outlook under review as uncertainty persists
MADRID – Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also confirmed disappointing preliminary second-quarter sales of 2.2…
U.S. solar industry warns of slowdown due to supply chain disruptions, tariff uncertainty
(Reuters) – The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports…
Caixabank has sufficient provisions to withstand current uncertainty, CEO says
By Jesús Aguado MADRID – Spain’s Caixabank has adequate provisions to face potential future losses given the current market uncertainty, the bank’s Chief Executive Officer Gonzalo Gortazar said on Friday. A day…
Spanish March service activity slows on war uncertainty, trucker strike -PMI
MADRID – Growth in Spain’s services sector slowed in March as uncertainty weighed after Russia invaded Ukraine, truckers went on strike and energy costs climbed, a survey showed on Tuesday. S&P Global’s…
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