September 2024 – Page 9 – UAG Trade Asia

The Fed Cut Felt Around the World

September 26, 2024
Finance
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John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with Alicia Garcia-Herrero, Chief Economist for Asia Pacific at Natixis SA, about what the Fed cut means for the APAC region.

September 26, 2024
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Sept 25 Reuters U.S. ports along the East and Gulf Coasts are extending delivery hours for importers as they rush to clear cargo ahead of a potential strike by dockworkers on Oct. 1. Ports from New York to Virginia are also working on contingency plans to avoid disruptions after some 45,000 dockworkers aligned to the […]

September 26, 2024
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NEW YORK, Reuters U.S. shoppers are expected to spend a record 18.5 billion using thirdparty buy now, pay later BNPL services for holiday purchases in the last quarter of the year, according to projections by data firm Adobe Analytics released on Wednesday. With many Americans recently carrying more debt, spending on buy now, pay later services […]

September 26, 2024
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New home sales fall 4.7 in August Prior three months39; sales revised higher Median house price drops 4.6 to 420,600 from year ago WASHINGTON, Reuters Sales of new U.S. singlefamily homes fell less than expected in August and could regain momentum in the months ahead as declining mortgage rates and house prices stimulate demand. The report […]

September 26, 2024
Finance
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JOHANNESBURG, Sept 25 Reuters South Africa39;s rand extended its recent rally on Wednesday, strengthening to a fresh 20month high against the dollar. At 0810 GMT, the rand traded at 17.22 against the U.S. currency , 0.3 stronger than its previous close and its strongest level since early February 2023. Analysts have partly attributed the rand39;s […]

September 26, 2024
Finance
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Sept 25 Reuters Canada39;s main stock index fell slightly on Wednesday, taking a breather after rallying to recordhigh levels this month on the back of domestic and U.S. interestrate cuts and optimism around China stimulus. Losses in consumer discretionary and energy stocks outweighed gains in materials shares, sending the Toronto Stock Exchange39;s SPTSX composite index down […]

September 25, 2024
Business
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Meta to preview first true AR glasses at Connect conference AI updates include celebrity voices for Meta39;s chatbot First commercial AR glasses expected to ship in 2027, source says Sept 25 Reuters Facebook owner Meta prepared on Wednesday to kick off its annual Connect conference at its California headquarters, where it is expected to preview its […]

September 25, 2024
Business
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Sept 25 Reuters Southwest Airlines plans to reduce service to and from Atlanta next year, affecting some employees on the impacted routes, unions covering the carrier39;s employees said on Wednesday. The Southwest Airlines Pilots Association said the airline would schedule drawdowns from April next year and reduce the number of gates to 11 from 18. The […]

September 25, 2024
Business
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July 25 Reuters Walmart Canada said on Thursday it has invested C53 million to increase hourly wages for about 40,000 of its store associates earlier this month. The move comes at a time when Walmart has been increasing investments over the last few months for its U.S. store workers to retain more employees. The retailer raised […]

September 25, 2024
Business
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Company has said plant closures may be needed in Germany Unions have vowed to fight any such moves German industry struggling with high costs, competition Union threatens strikes from December HANOVER, Germany, Sept 25 Reuters Volkswagen flatly rejected union demands after the first round of bitterly contested talks ended without agreement on Wednesday, as workers […]

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The Fed Cut Felt Around the World

US Ports Extend Delivery Hours as Strike Threat Looms

US Holiday Spending on Buy Now, Pay Later to Hit Record Due to DebtLaden Shoppers

US new Home Sales Fall Less than Expected; Median House Price Declines

South African Rand Firms to Fresh 20Month High

Toronto Stocks Pause after RecordBreaking Rally

Meta Readies AR Glasses Reveal at Connect Event

Southwest Plans to Reduce Service and Staffing in Atlanta, Union Says

Walmart Canada Raises Hourly Store Wages for about 40,000 Workers

VW Digs in as Workers Threaten Strikes over Plant Closures

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