September 2024 – Page 37

Rupee, Forward Premiums Dip; Cues on Pace of Fed Rate Cuts Awaited

September 2, 2024
Finance
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MUMBAI, Sept 2 Reuters The Indian rupee weakened marginally on Monday and forward premiums declined, while market participants looked for cues on the pace of the Federal Reserve39;s rate cuts in a datapacked week. The rupee was at 83.8775 to the U.S. dollar at 1029 a.m. IST compared to its previous close of 83.8625. Other […]

September 2, 2024
Finance
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FTSE 100 flat, FTSE 250 off 0.1 Sept 2 Reuters UK39;s main stock index was largely flat in thin trade on Monday, with investors awaiting a slew of domestic data and across major economies, such as the U.S. and Europe, to position for a month dominated by central bank policy decisions. The bluechip FTSE 100 […]

September 2, 2024
Politics
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Sept 2 Reuters China has warned of severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter. Toyota Motor 7203.T, opens new tab privately told Japanese officials that Beijing could react to the curbs by cutting Japan39;s access […]

September 2, 2024
Business
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ANKARA, Sept 2 Reuters Turkish state energy company Botas and British oil major Shell signed a 10year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said. A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered annually for a period covering 10 years starting from 2027, Bayraktar said. This […]

September 2, 2024
Business
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HONG KONG, Sept 2 Reuters Shares in major Hong Kong property developer New World Development plunged 13 after it estimated a net loss of as much as HK20 billion 2.6 billion for the financial year that ended in June. The shares closed at HK6.83 on Monday, another 21year low. The company said in a Friday filing […]

September 2, 2024
Business
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Sept 2 Reuters Sibanye Stillwater on Monday said it will report a halfyear loss hurt by a 7.5 billion rand 420 million writedown on its U.S. assets reflecting sliding palladium prices. The South African miner expects to report a loss per share of between 2.508 rand and 2.772 rand for the six months to June […]

September 2, 2024
Business
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BERLINFRANKFURT, Sept 2 Reuters Germany will extend its trusteeship over the local units of Russia39;s Rosneft for six more months in anticipation of a sale of the assets to Qatar, two people familiar with matter told Reuters on Monday. The future of Rosneft39;s German assets, which include a 54.17 stake in the PCK Schwedt refinery, has yet to […]

September 2, 2024
Uncategorized
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Spain39;s GDP growth expected at 2.4, beating peers German tourists spent average 1,340 euros per visit Spain set to mark a new record in arrivals for 2024 MADRIDBERLIN, Sept 2 Reuters Spain received a record 10.9 million tourists in July, 7.3 more than a year ago, while their spending jumped 12, stoking the Spanish economy39;s […]

September 2, 2024
Uncategorized
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CPI 2.12 yy, matching median in poll Core CPI 2.02 yy, vs 1.98 in poll JAKARTA, Sept 2 Reuters Indonesia39;s annual inflation rate was 2.12 in August, essentially unchanged from 2.13 in July, official data showed on Monday, holding comfortably within the central bank39;s target range and matching market expectations. The August headline inflation rate […]

September 2, 2024
Uncategorized
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Q2 capex growth accelerates from previous quarter Corporate sales, recurring profits also rise in Q2 Capex data is used to calculate revised GDP Preliminary data show Q2 GDP rises annualised 3.1 TOKYO, Sept 2 Reuters Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of […]

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Rupee, Forward Premiums Dip; Cues on Pace of Fed Rate Cuts Awaited

UK Stocks Muted as Economic Data Takes Centre Stage in Policy Decision Month

China Warns Japan of Retaliation over Potential new Chip Curbs, Bloomberg

Turkeys Botas Buying 4 bcm of LNG from Shell in 10yr Deal

Shares in Hong Kongs New World Development Plunge after Loss Estimate

Sibanye Flags Loss after 420 mln US Asset Writedown

Germany Extends Trusteeship over Rosneft Assets, Sources Say

German, British Tourists Spur Spains GDP Gains while Own Economies Flag

Indonesias Inflation Stays Within Central Bank Range in Aug

Japans Q2 Capex Rises Strongly, Signals Solid Domestic Demand

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