US equities 2024 outlook: The double dip
A second dip in the US economy is likely underway and could create complications for the parts of the S&P 500 that largely avoided the 2022 slump as 2024 kicks off.
2024 outlook: US regional banks
Following bank failures and aggressive interest-rate hikes, regional lenders face headwinds in higher funding costs, muted lending, tougher regulation and weakening credit quality.
2024 outlook: Global internet
Internet companies could see pressure from lower brand-ad spending and slow improvement in ad pricing, with any contribution from generative AI likely small in the near term.
Global Autos 2024 industry outlook: Profit paths to diverge
The global auto industry faces slower profit growth as the Covid-induced vehicle shortage, which gave US and EU automakers significant pricing power, is set to reverse.
Global Copper 2024 industry outlook: From near-term glut to long-term scarcity
Global copper producers benefited from robust China demand in 1H.
S.Koreas Chips Exports Rise for First Time in more than Year
SEOUL, Dec 1 Reuters South Korea39;s exports beat expectations and accelerated in November as overseas sales of chips rose for the first time in 16 months, adding to evidence global demand is strengthening. Exports by Asia39;s fourthlargest economy gained 7.8 yearonyear to 55.80 billion, speeding up from a rise of 5.1 a month before to […]
Top Abu Dhabi Developer Buys London Square for 291 mln
Dec 1 Reuters Abu Dhabi39;s Aldar Properties has bought Londonbased developer London Square for an enterprise value of 1.07 billion dirhams 291 million in its first acquisition outside the Middle East. Aldar intends to leverage its expertise and balance sheet to support London Square39;s land acquisition strategy to enable it to develop larger and prime central […]
China, Vietnam Consider Rail Link Through Rare Earths Heartland
China39;s foreign minister visits Hanoi amid plans for Xi39;s trip Upgraded rail link would connect China to Haiphong China is top investor in Vietnam despite maritime tensions HANOI, Dec 1 Reuters China and Vietnam are working on a possible significant upgrade of their underdeveloped rail links to boost a line that crosses Vietnam39;s rare earths […]
Japans Major Union Reps Set to Seek Minimum 5 Pay Rise in 2024
TOKYO, Dec 1 Reuters Japan39;s largest union, Rengo, will ask for a pay increase of at least 5 at next year39;s spring wage negotiations to help workers overcome rising living costs in the face of inflation, a union representative said. Japanese firms are under pressure from Prime Minister Fumio Kishida39;s demands for pay rises to […]
Tokyo Core CPI Growth seen Slowing to 2.5 in November Poll
Open Tokyo core CPI mm poll data Open household spending mm poll data Open current account balance poll data TOKYO, Dec 1 Reuters Core consumer inflation in Japan39;s capital Tokyo likely grew in November but at slower pace than the month before, a Reuters poll of economists showed on Friday, in a sign that price […]