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UK Public Inflation Expectations Stabilise BoE Survey

LONDON, Sept 15 Reuters The British public39;s predictions for inflation in the coming years were broadly stable during August, according to a Bank of England survey that will reassure its officials that expectations are not spiralling out of control. The BoE39;s inflation attitudes survey, conducted by polling firm Ipsos, showed inflation expectations for the coming […]
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Toshibas Top Investor to Sell Stake in JIP Offer, source

TOKYO, Sept 15 Reuters Toshiba39;s largest shareholder Effissimo Capital Management has decided to tender its 9.9 stake in the 14 billion takeover offer by Japan Industrial Partners JIP, a source said on Friday, raising the odds of the bid succeeding. JIP, a private equity firm, launched a 4,620 yenpershare bid to take Toshiba private last month, a move that would […]
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Oil Set to Rise for Third Week on Strong China Economic Data

SINGAPORE, Sept 15 Reuters Oil prices rose on Friday and are set for a third weekly gain, as betterthanexpected Chinese economic data and reports of record oil consumption bolstered the view that demand in the world39;s secondlargest crude consumer will continue to surge. Brent crude futures rose 65 cents, or 0.7, to 94.35 as of […]
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Dollar Firm, Yuan Strengthens on Brighter China Data

TOKYO, Sept 15 Reuters The dollar held steady in Asia on Friday, easing slightly from overnight gains against peers, while the yuan strengthened in the wake of some marketbeating economic data out of China. The dollar jumped overnight after U.S. retail sales received a boost from higher gasoline prices, increasing 0.6 in August versus an estimated 0.2 […]
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Investors Glimpse Opportunity in Europes Unloved Mining Shares

European mining shares down 15 in 2023 China stimulus has lifted STOXX basic resources Equity strategists prefer copper miners over diversified LONDON, Sept 15 Reuters Investors are finally seeing potential in European mining shares, as China39;s stepbystep economic stimulus is steadily laying the foundations for a recovery of the unloved sector. The STOXX Europe 600 […]
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Gold Rises after China Data Boosts Yuan Against Dollar

Yuan touches twoweek high vs dollar Gold poised for second consecutive weekly decline Platinum, palladium set for weekly gains Sept 15 Reuters Gold prices gained on Friday as the dollar eased against the yuan after promising China economic data boosted recovery hopes in the world39;s top bullion consumer, although the possibility of further U.S. interest […]
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