Today: October 18, 2024
Today: October 18, 2024

Latest From Reuters

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Thailand sees more than 3% growth in 2025, plans more stimulus

Thailand's economy could grow by 3% this year and by more than that in 2025, driven by the government's stimulus measures to be introduced from late this year to maintain growth

Thailand sees more than 3% growth in 2025, plans more stimulus
Business|Europe|Stock Markets

Truck maker Volvo's Q3 adjusted profit falls more than expected

Swedish truck maker AB Volvo reported on Friday a bigger drop than expected in its third-quarter adjusted operating profit and said it sees roughly unchanged demand next year as

Truck maker Volvo's Q3 adjusted profit falls more than expected
Election

What policies to expect from Indonesia's new President Prabowo

Retired General Prabowo Subianto will be sworn in on Sunday as the president of Indonesia, the world's third-biggest democracy with the largest economy in Southeast Asia.

What policies to expect from Indonesia's new President Prabowo
Asia|World

Taiwan president thanks air force for 'outstanding' work during China war games

Taiwan President Lai Ching-te thanked the air force on Friday for their "outstanding" work during Chinese war games around the island earlier this week, telling them to keep up the

Taiwan president thanks air force for 'outstanding' work during China war games
Asia|World

Indonesia ramps up security ahead of Prabowo's inauguration

Indonesian police and military started deploying at least 100,000 personnel across the capital Jakarta on Friday, officials said, as the country prepares for the inauguration of

Indonesia ramps up security ahead of Prabowo's inauguration
Uncategorized

India foreign minister's Pakistan visit a 'good beginning', Nawaz Sharif says

The visit of India's foreign minister to Pakistan earlier this week was a "good beginning" that could lead to a thaw in relations between the two rivals, former Pakistan Prime

India foreign minister's Pakistan visit a 'good beginning', Nawaz Sharif says
Asia|Economy|Finance|Stock Markets

China rolls out $112 billion funding schemes to bolster stock market

China's central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-

China rolls out $112 billion funding schemes to bolster stock market
Asia|Business|Finance

China approves BNP Paribas, Prudential insurance ventures

China has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday, as it looks to further open up the world's second-

China approves BNP Paribas, Prudential insurance ventures
Asia|Business|Economy|Finance

China cenbank chief flags more interest rate cuts

China's central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on

China cenbank chief flags more interest rate cuts
Uncategorized

China urges swift implementation of expansive financial policies

China's central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly implement expansive policies to support the economy

China urges swift implementation of expansive financial policies
Asia|Business|Finance|Technology

TSMC stock hits new high after forecast-beating earnings

The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for

TSMC stock hits new high after forecast-beating earnings
Asia|Business|Economy|Finance

China's Q3 GDP growth skids to slowest since early 2023

China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector

China's Q3 GDP growth skids to slowest since early 2023
Uncategorized

China launches survey to understand 'fear of having children'

China's National Health Commission (NHC) is surveying 30,000 people to understand factors influencing their attitudes towards childbearing and the "fear surrounding having

China launches survey to understand 'fear of having children'
Asia|Business|Economy|Finance

China September industrial output rises 5.4%, beating expectations

China's industrial output in September grew 5.4% from a year earlier, up from a 4.5% pace in August, providing some encouragement to policymakers as they step up efforts to revive

China September industrial output rises 5.4%, beating expectations
Uncategorized

China's new home prices fall at fastest pace since 2015

China's new home prices fell at the fastest pace since May 2015 in September, official data showed on Friday, despite increased efforts to revive the

China's new home prices fall at fastest pace since 2015
Asia|Business|Economy|Finance

China's property investment falls 10.1% y/y in Jan-Sept

Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data

China's property investment falls 10.1% y/y in Jan-Sept
Uncategorized

China says it is beefing up efforts with US to combat smuggling

China is strengthening enforcement with nations such as the United States to combat smuggling and other serious crimes, state media reported on Friday, citing the country's

China says it is beefing up efforts with US to combat smuggling
Business|Economy|Finance

China's Q3 GDP grows 4.6% y/y, slightly above economists' estimate

China's economy expanded 4.6% in the third quarter from a year earlier, official data showed on Friday, slightly beating analysts' expectations, maintaining pressure on

China's Q3 GDP grows 4.6% y/y, slightly above economists' estimate
Business|Economy|Finance|Technology

TSMC says it is a law abiding company, after report of US probe

Taiwanese chipmaker TSMC said on Friday that it was a law abiding company and committed to complying with laws and regulations, including export controls, following a media report

TSMC says it is a law abiding company, after report of US probe
Uncategorized

NYCB's Flagstar unit to cut around 1,900 jobs

New York Community Bancorp unit Flagstar Bank will lay off around 1,900 employees, the U.S. regional lender said on Thursday, amid efforts to turn around its struggling business.

NYCB's Flagstar unit to cut around 1,900 jobs
Uncategorized

Buffett's Berkshire continues to reduce Bank of America stake

Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.

Buffett's Berkshire continues to reduce Bank of America stake
Asia|Europe|World

UK's new foreign minister travels to China seeking 'pragmatic' ties

Foreign minister David Lammy will arrive in China on Friday seeking to demonstrate Britain's new government is taking a pragmatic and strategic approach to building ties with

UK's new foreign minister travels to China seeking 'pragmatic' ties
Economy|Finance

Japan's core inflation slows on fuel subsidies, demand-driven pressure intact

Japan's core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price

Japan's core inflation slows on fuel subsidies, demand-driven pressure intact
Uncategorized

Russia takes control of village in eastern Ukraine, RIA reports

Russia's Defence Ministry said on Thursday that its forces had taken control of the village of Maksymilianivka, less than 10 km (6 miles) from the key city of Kurakhove in Ukraine's

Business|Economy|Finance|Stock Markets

Brazil's Assai cuts estimate for 2025 new store openings

Brazilian food retailer Assai said on Thursday it now forecasts it will open some 10 new stores next year, half the prior estimate of about 20, according to a securities filing.

Brazil's Assai cuts estimate for 2025 new store openings

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