October 2024 – Page 59 – UAG Trade Asia

FTSE 100 Opens Slightly Higher; Precious Metal Miners Cap Gains

October 7, 2024
Finance
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FTSE 100 up 0.1 Oct 7 Reuters The UK39;s benchmark FTSE 100 started the week on a higher note, supported by a broadbased rally and a softer jobs market report, while precious metal mining stocks fell, capping gains. The bluechip FTSE 100 rose 0.1 by 0715 GMT, while the midcap FTSE 250 was flat. The majority of […]

October 7, 2024
Finance
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Higher yields weigh on stocks ECB seen cutting rates again in Oct Luxury stocks rise on China optimism Oct 7 Reuters European stocks slipped on Monday as the initial euphoria over strong U.S. jobs data last week faded and ratesensitive sectors such as real estate and utilities came under pressure from higher bond yields. The […]

October 7, 2024
Finance
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Oct, 7 Reuters Sterling dropped versus the euro and the dollar on Monday, with geopolitical risks and central banks39; monetary policy path still in focus. The pound recorded its biggest daily fall last week since April after Bank of England Governor Andrew Bailey was quoted as saying the central bank might move more aggressively to […]

October 7, 2024
Business
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LONDON, Oct 7 Reuters Shell39;s refining profit margins dropped sharply in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened, it said on Monday. In a trading update ahead of its quarterly results on Oct. 31, Shell said its indicative refining margins dropped by nearly 30 […]

October 7, 2024
Business
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MILAN, Oct 7 Reuters Italy39;s biggest gas distributor Italgas expects doubledigit growth in net income and core profit under a new plan to 2030, after signing a 5.3 billion euro deal to acquire smaller rival 2i Rete Gas on Saturday. The group said on Monday it would ensure its dividends grew 5 annually until 2026, starting from the […]

October 7, 2024
Oil
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SINGAPORE, Oct 7 Reuters Oil prices fell on Monday, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid softer demand countered the worries over a wider Middle East conflict disrupting exports in the key oilproducing region. Brent crude futures fell 28 cents, or 0.36, to 77.77 per […]

October 7, 2024
Uncategorized
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SHANGHAI, Oct 7 Reuters China39;s central bank held back on buying gold for its reserves for a fifth straight month in September, official data showed on Monday, mainly due to a surge in prices for the yellow metal. China39;s gold holdings stood at 72.8 million troy ounces at the end of last month. The value […]

October 7, 2024
Uncategorized
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LONDON, Oct 7 Reuters Britain39;s jobs market showed more signs of cooling in September as pay growth increased at the slowest pace in almost four years, according to a survey likely to reassure the Bank of England as it considers whether to cut borrowing costs again. The Recruitment and Employment Confederation and KPMG said on […]

October 7, 2024
Uncategorized
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Oct 7 Reuters German industrial orders fell significantly more than expected in August, adding to signs that manufacturing in Europe39;s largest economy will not recover in the coming months. Orders fell by 5.8 on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said Monday. A Reuters poll of analysts […]

October 7, 2024
Business
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Oct 4 Reuters Tellurian shareholders have voted in favor of the U.S. LNG developer39;s proposed 1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday. Shares rose 1.4 to 98 cents in premarket trade. Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project. The agreement is […]

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FTSE 100 Opens Slightly Higher; Precious Metal Miners Cap Gains

European Stocks Slip as Bond Yields Extend Rise

Sterling Drops Versus Euro and Dollar, Geopolitics in Focus

Shells ThirdQuarter Refining Margins Drop Sharply

Italgas Sees DoubleDigit Income Growth to 2030, Ups Minimum Dividend Rise

Oil Prices Dip after Strongest Weekly Rise in over One Year

Chinas Gold Reserves Unchanged for 5th Straight Month in Sept

UK Pay Growth Weakest since February 2021, REC Survey Show

German Industrial Orders Slump more than Expected in August

Tellurian Shareholders Back Proposed 1.2 bln Woodside Deal

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