September 2024 – Page 3 – UAG Trade Asia

UK Economy Grew by SlowerthanThought 0.5 in Q2

September 30, 2024
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LONDON, Sept 30 Reuters British economic output grew by 0.5 in the second quarter, slightly slower than previously thought, figures from the Office for National Statistics showed on Monday. A preliminary ONS estimate for the second quarter had shown domestic product growth at 0.6. Economists polled by Reuters did not expect the quarterly growth pace […]

September 30, 2024
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LONDON, Sept 30 Reuters British house prices rose by a higherthanexpected 0.7 in September from August, with the annual growth rate hitting 3.2, the fastest pace since November 2022, figures from Nationwide Building Society showed on Monday. Economists polled by Reuters had forecast prices would rise by 0.2 on a monthly basis and stand 2.7 […]

September 30, 2024
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Value of announced crossborder deals involving Asia up 25 yeartodate to 286 bln LSEG Inbound Japan MA up 16fold so far this year to a record 74 bln LSEG Businesses have adjusted to cope with higher interest rates lawyer HONG KONGSINGAPORE, Sept 30 Reuters Crossborder mergers and acquisitions involving companies in the AsiaPacific region have […]

September 28, 2024
Business
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ZURICH, Sept 27 Reuters Siemens will post lowerthanexpected fullyear sales growth, its Chief Financial Officer Ralf Thomas said in an interview published on Friday, although profits will not be harmed and its dividend could rise. The German industrial group said in its last results on Aug. 8, that it expected fullyear comparable revenue growth of 4 to 8, […]

September 28, 2024
Business
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Sept 27 Reuters British shipbuilder Harland Wolff said on Friday it had appointed administrators and that would lead to job losses, as the company best known for building the Titanic struggled to get funding. The company, which currently employs 66 staff, said the administrators would be required to cut an unspecified number of jobs, although it […]

September 28, 2024
Business
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MEXICO CITY, Sept 27 Reuters Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico39;s government, an executive told newspaper Reforma in an interview published on Friday, as the company aims to build a plant in the country. A decree exempting some 15 to 20 of tariff payments on EVs […]

September 28, 2024
Business
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NEW DELHIBENGALURU, Reuters SoftBankbacked Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth 1.25 billion, as the food delivery firm looks to tap a booming stock market in one of India39;s biggest listings this year. Swiggy is selling shares worth 37.5 billion rupees 448.56 million, while existing shareholders […]

September 28, 2024
Oil
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Significance of Cushing waning as output heads to Gulf Coast Record trading volumes on Houston contracts Liquidity along Gulf Coast to boost hedging, arbitrage opportunity Cushing stocks near operational low HOUSTON, Sept 27 Reuters Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, […]

September 27, 2024
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French, Spanish Sept inflation falls faster than expected German labour market continues to cool Investors now see 75 chance of October rate cut FRANKFURT, Sept 27 Reuters Inflation has eased more than expected in two of the euro zone39;s biggest economies and the German jobs market has continued to cool this month, adding to an […]

September 27, 2024
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Sept 27 Reuters The personal consumption expenditures PCE price index rose 0.1 in August after an unrevised 0.2 gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.1. In the 12 months through August, the PCE price index increased 2.2 after rising 2.5 in July. The core PCE price […]

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UK Economy Grew by SlowerthanThought 0.5 in Q2

UK House Prices Rise 0.7 in September, Nationwide Says

CrossBorder MA Recovers in Asia as Dealmakers Look Abroad for Growth

Siemens CFO Expects FullYear Sales Growth below Forecasts

Titanic Builder Harland Wolff Appoints Administrators, to Cut Jobs

Chinese Automaker BYD Seeks Further Easing of Mexico EV Tariffs

Swiggy Files for 1.25B IPO in Indias Booming Stock Market

US Gulf Coast Oil Prices to Take Center Stage as Exports Dominate

Poor Euro Zone Data Flow Keeps Adding to Case for ECB Rate Cut

August US PCE Inflation Cools to Within Reach of Fed Target

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