US weekly jobless claims rise moderately Fed cuts rates by 25 bps JP Morgan, Goldman weigh on Dow Indexes Dow flat, SP 500 up 0.74, Nasdaq up 1.5 NEW YORK, Reuters U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points bps in interest rates, extending a sharp rally […]

Exports 8.4 yy vs 9.0 forecast in Reuters poll Exports to China 2.1 yy prior month 1.7 Exports to U.S. 20.5 yy prior month 27.3 Sees stable growth in Q4 exports ministry TAIPEI, Nov 8 Reuters Taiwan39;s exports rose less than expected in October, as benefits from the booming artificial intelligence AI industry were countered […]

China39;s car sales rise 11.2 in Oct, fastest since Jan Domestic champion BYD leads the rise Rapid growth buoyed by government subsidies BEIJING, Nov 8 Reuters China39;s passenger vehicle sales jumped 11.2 in October yearonyear, the second straight monthly rise and the fastest growth since January, led by domestic champion BYD as automakers raced to meet […]

BEIJING, Nov 8 Reuters China will let local governments issue an additional 6 trillion yuan 837.7 billion in bonds to swap for offbalance sheet or hidden debt over three years, an official said on Friday, in a crucial step to lower systemic risks in the flagging economy. The economy has stuttered in recent months, facing strong deflationary pressures amid […]

DUBLIN, Nov 8 Reuters The unique exposure of Ireland39;s lowtax business model to the United States could place its public finances at significant risk under a Donald Trump presidency if he follows through on preelection promises. Trump has pledged to incentivise industries to bring production back to the United States, and to slash the corporate tax rate […]

Q3 net profit surged to S1.61 bln vs S1.50 bln estimate New records in net fee income, trading and investment income Net interest margin down slightly at 2.05 SINGAPORE, Nov 8 Reuters Singapore39;s United Overseas Bank, or UOB, posted a fasterthanexpected rise in third quarter net profit to a record, helped by brisk trading and […]

LONDON, Nov 8 Reuters Britain39;s labour market showed further signs of cooling last month, according to a survey that showed the weakest wage growth since early 2021, and tax increases in last week39;s budget might further hit hiring. The Recruitment and Employment ConfederationKPMG said its gauge of starting pay for permanent roles slowed to 52.5 […]

TOKYO, Nov 8 Reuters Japanese household spending fell in September for the second straight month, government data showed on Friday, as higher prices choked consumers39; appetite in a discouraging sign for the central bank39;s plans to hike rates further. Consumer spending fell 1.1 from the year earlier, against the median market forecast for a 2.1 […]

Exports fell by 1.7 in September, Industrial output fell by 2.5 in September Economists warn government over crisis in industry BERLIN, Nov 7 Reuters German exports and industrial output fell more than expected in September, showing the weakness of two of the pillars of the German economic model at the start of the fourth quarter. […]

TOKYO, Nov 7 Reuters Japan39;s inflationadjusted wages fell for the second straight month in September, government data showed on Thursday, underlining the negative effect of persistently elevated prices on nominal pay. Real wages, a key indicator of consumer purchasing power in the world39;s fourthlargest economy, fell 0.1 in September, labour ministry data showed, compared with […]