TOKYO (Reuters) – Japan’s factory activity shrank at the fastest pace in three months in October as weak domestic and overseas demand hurts sales and output, a private-sector survey showed on Friday. The final au Jibun Bank Japan manufacturing purchasing […]
Japan’s factory declines accelerate as demand sags, PMI shows Read More »
(Reuters) – Macquarie on Friday posted half-year profit below estimates, as its wealth management arm faces sluggish deal activity and a lack of asset realisations. The Australian financial conglomerate’s profit attributable for the six months ended Sept. 30 came in
Macquarie Group half-year profit misses estimate, extends buyback Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – As if financial markets needed another factor to complicate the near-term outlook for Federal Reserve policy, the U.S. economy and asset prices, investors now have to make sense of a growing disconnect between
By Jorge Otaola and Lucinda Elliott BUENOS AIRES (Reuters) – A tax amnesty program in Argentina encouraging residents to deposit foreign currency stuffed under mattresses, stored in safety-deposit boxes or saved in accounts abroad drew around $18 billion by an
Argentina tax amnesty push pulls in $18 billion in deposits Read More »
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September, showcasing the economy’s strength heading into the final stretch
Weekly jobless claims at five-month low; consumer spending rises solidly Read More »
By Ismail Shakil OTTAWA (Reuters) -Canada’s gross domestic product was unchanged in August before likely expanding by 0.3% in September, data showed on Thursday, indicating the economy might have missed the central bank’s growth forecast for the third quarter. The
Canada’s economy stalled in August, likely grew 0.3% in September Read More »
By Lisa Pauline Mattackal (Reuters) -Wall Street futures tumbled on Thursday as warnings from Meta Platforms and Microsoft about rising AI-related costs dampened optimism around megacap stocks, which have been the market’s primary driver this year. Shares of Facebook-owner Meta
Futures slide as Meta, Microsoft cost warnings highlight AI trade risks Read More »
SHANGHAI (Reuters) -China’s central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new reverse repurchase tool announced earlier this week, the bank said on Thursday. The People’s Bank of China (PBOC) said
China’s central bank injects cash via new outright reverse repos in October Read More »
By Pranav Kashyap (Reuters) – Europe’s benchmark index fell on Thursday, dragged down by dour corporate earnings, with the benchmark set to record its worst monthly performance in a year. The pan-European STOXX 600 was down 0.7%, falling to its
STOXX 600 drops on dour earnings, poised for worst month in a year Read More »
HONG KONG (Reuters) -Hong Kong’s economy grew 1.8% in the third quarter year-on-year, official advance estimates showed on Thursday, expanding for a seventh straight quarter. The result was slower than the mean forecast of 3.1% year-on-year growth by 11 economists
Hong Kong Q3 GDP expands 1.8% y/y, slower than forecast Read More »
