Today: November 05, 2024
Today: November 05, 2024

Latest From Reuters

Asia|Business|Economy

Malaysia's economy grows faster than expected, inflation risks cloud outlook

Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though

Malaysia's economy grows faster than expected, inflation risks cloud outlook
Economy|Finance

Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate

Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining price impacts from

Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Americas|Business|Economy|Election|Finance

Panama president-elect builds business-friendly cabinet

Panama President-elect Jose Raul Mulino on Thursday pulled business leaders and an economist into his ranks, the first cabinet selections in what Mulino has

Panama president-elect builds business-friendly cabinet
Business|Economy|Finance|US

Major brokerages retain US rate-cut view after soft inflation data

Top global brokerages have retained their expectations for when the U.S.

Major brokerages retain US rate-cut view after soft inflation data
Business|Economy|Finance|US

US import prices increase by the most in two years in April

U.S. import prices rose by the most in two years in April amid rising costs for energy products and other goods, suggesting that domestic inflation could remain elevated for a

US import prices increase by the most in two years in April
Business|Economy|Finance|US

US single-family housing starts, permits fall in April

U.S. single-family homebuilding and permits fell in April amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for sale.

US single-family housing starts, permits fall in April
Business|Economy|Finance|US

UPS taps Goldman Sachs to manage its $43.4 billion pension funds

U.S. parcel delivery giant UPS has enlisted the asset management arm of Wall Street titan Goldman Sachs to manage its $43.4 billion pension fund assets in the United States and Canada, the

UPS taps Goldman Sachs to manage its $43.4 billion pension funds
Business|Economy|Europe|Finance

Commercial property is weak link in euro zone finance, ECB says

Commercial property has become the weak link of the euro zone's financial system, with losses there threatening to hurt banks, insurers and funds, a European Central Bank report

Commercial property is weak link in euro zone finance, ECB says
Economy|Finance

Foreign investors snap up long-term Japan bonds after three-week selling streak

Foreign investors ended a three-week trend of selling Japanese bonds by purchasing long-term securities, although analysts suggest the rebound could be fleeting amid ongoing market

Foreign investors snap up long-term Japan bonds after three-week selling streak
Business|Economy|Finance|Stock Markets|US

New highs hold as disinflation resumes, US cools

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating U.S. economy dissipate -

New highs hold as disinflation resumes, US cools
Business|Economy|Finance

Israel Q1 economic growth rebounds 14.1%, lifted by shopping, building

Israelis resumed shopping and businesses invested in residential housing in the first three months of 2024, leading to a sharp economic rebound after growth was

Israel Q1 economic growth rebounds 14.1%, lifted by shopping, building
Business|Economy|Europe|Finance

ECB's rates framework may discourage money-market lending - Nagel

The European Central Bank's new interest rates framework may discourage money-market lending because banks will find it cheaper to tap the ECB, policymaker Joachim Nagel said on

ECB's rates framework may discourage money-market lending - Nagel
Business|Economy|Europe|Finance

ECB not in a hurry to cut rates, should take measured steps after June, Kazaks says

The European Central Bank is likely to cut interest rates in June but the bank is not in a hurry to ease policy, so subsequent moves could be spaced out to give time for

ECB not in a hurry to cut rates, should take measured steps after June, Kazaks says
Economy|Europe|Finance|Stock Markets|US

Post-CPI party goes global

A look at the day ahead in European and global markets from Kevin Buckland Hopes that the U.S. inflation genie is back in the bottle has given investors globally the confidence to snap up stocks and

Post-CPI party goes global
Americas|Business|Economy|Finance

Chile gives Albemarle option to boost lithium quota by 240,000 metric tons

Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the U.S. company to increase its production quota by

Chile gives Albemarle option to boost lithium quota by 240,000 metric tons
Business|Economy|Europe|Finance

Norway sovereign wealth fund excludes three companies over ethical concerns

Norway's central bank said on Wednesday that its executive board has decided to exclude three companies from its government pension fund over ethical concerns.

Norway sovereign wealth fund excludes three companies over ethical concerns
Business|Economy|Finance|Stock Markets

Soros Fund Management dissolves NYCB stake, adds Goldman Sachs, JPMorgan in first quarter

Soros Fund Management, the family office of billionaire George Soros, dissolved its share stake in embattled lender New York Community Bancorp and added positions in Goldman Sachs and

Soros Fund Management dissolves NYCB stake, adds Goldman Sachs, JPMorgan in first quarter
Business|Economy|US

Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations

U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on its upcoming shareholder meeting due to conflict of interest.

Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations
Business|Economy|Finance|US

Kansas City Fed sets Jackson Hole conference dates Aug 22-24

The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, Wyoming, will take place from Aug. 22-24.

Kansas City Fed sets Jackson Hole conference dates Aug 22-24
Business|Economy|Finance|US

US Southwest and Texas at risk of power shortfalls this summer, regulator says

The U.S.

US Southwest and Texas at risk of power shortfalls this summer, regulator says
Business|Economy|Finance|US

U.S. homebuilder sentiment tumbles as rates slow buyer traffic

U.S. homebuilder sentiment soured in May for the first time in six months as high interest rates on home loans kept potential customers on the sidelines and more builders had to offer

U.S. homebuilder sentiment tumbles as rates slow buyer traffic
Business|Economy|Finance|US

US crude, fuel inventories fall as refining, demand pick up, EIA says

U.S. crude oil, gasoline and distillate inventories fell last week as both refining activity and fuel demand rose, the Energy Information Administration (

US crude, fuel inventories fall as refining, demand pick up, EIA says
Americas|Business|Economy|Finance

Brazil activity posts first-quarter growth despite March contraction

Brazil's economy exhibited a higher-than-expected contraction in March but still managed to clinch a positive performance in the first quarter, central bank data showed on

Brazil activity posts first-quarter growth despite March contraction
Americas|Business|Economy|Finance

Brazil's central bank fully committed to 3% inflation target, board members say

Brazil's central bank is firmly committed to pursuing its 3% inflation target, board members said on Wednesday, noting that they share concerns about rising price

Brazil's central bank fully committed to 3% inflation target, board members say
Economy|Europe

Euro zone economy, employment expands by 0.3% in first quarter

The euro zone economy grew by 0.3% in the first quarter of the year, suggesting a slow recovery is now underway after six straight quarters of stagnant or negative growth,

Euro zone economy, employment expands by 0.3% in first quarter

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