Today: September 21, 2024
Today: September 21, 2024

Finance

Economy|Finance

India's growth likely slowed to 6.9% last quarter as government spending lagged: Reuters poll

India's economic growth likely moderated and grew at its slowest pace in a year in the April-June quarter due to lower government spending amid a national

India's growth likely slowed to 6.9% last quarter as government spending lagged: Reuters poll
Asia|Economy|Finance|Stock Markets

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
Business|Economy|Finance

China central bank rolls over maturing loans, injects cash

China's central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as

China central bank rolls over maturing loans, injects cash
Business|Economy|Finance

Safe-haven yen, US dollar rally on escalating Middle East tension

The U.S. dollar rallied from an eight-month low on Monday, while the yen rose against most currencies, as geopolitical tension in the Middle East

Safe-haven yen, US dollar rally on escalating Middle East tension
Business|Finance

Woolworths and Coles FY24 earnings to show challenging outlook for supermarkets

Earnings of Australia's top supermarket chains are likely to show constricted spending presenting a challenging outlook for Woolworths and Coles, as consumers

Woolworths and Coles FY24 earnings to show challenging outlook for supermarkets
Asia|Economy|Finance

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

World equity markets edged lower on Monday as investors digested the likelihood of U.S. interest rates being lowered soon, even as oil

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya
Business|Finance|MidEast|News|World

Oil climbs 3% as Libya output cuts further supply concerns

Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle East.

Oil climbs 3% as Libya output cuts further supply concerns
Asia|Business|Finance

US rate cuts loom as BoJ warns of hikes

A look at the day ahead in Asian markets by Noel Randewich.

US rate cuts loom as BoJ warns of hikes
Business|Finance

Industrialist Anil Ambani considers response to ban from Indian markets watchdog

Industrialist Anil Ambani is reviewing the Indian markets regulator’s order banning him and 24 others from the securities market for five years on charges of diversion of funds,

Industrialist Anil Ambani considers response to ban from Indian markets watchdog
Business|Economy|Finance|News

Kroger and Albertsons hope to merge but must face a skeptical US government in court first

The largest proposed grocery merger in U.S. history is heading to court

Kroger and Albertsons hope to merge but must face a skeptical US government in court first
Americas|Election|Finance|News

Harris raises $540 million since launching her presidential campaign

Democrat Kamala Harris has raised $540 million in little more than a month since she began her race for U.S. president, with a surge of donations flowing in during the

Harris raises $540 million since launching her presidential campaign
Asia|Business|Economy|Finance

Bank of China President Liu Jin resigns

Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said.

Bank of China President Liu Jin resigns
Election|Finance|News

Harris campaign says it's raised $540 million and saw a surge of donations during the convention

Vice President Kamala Harris’ campaign says it's now raised $540 million for the presidential race against Donald Trump

Harris campaign says it's raised $540 million and saw a surge of donations during the convention
Business|Finance

Sinopec's H1 profit up on record output despite lower product demand

China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel

Sinopec's H1 profit up on record output despite lower product demand
Business|Economy|Finance

Turkey's Isbank CEO sees challenges ahead, November rate cut

Turkish banks will pay the price throughout next year as challenges linger from the country's economic turnaround, the chief executive of lender Isbank said in an

Turkey's Isbank CEO sees challenges ahead, November rate cut
Economy|Finance

Brazil's central bank chief warns fiscal issues impact monetary policy transmission

Brazil's central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing

Brazil's central bank chief warns fiscal issues impact monetary policy transmission
Economy|Europe|Finance

ECB making good progress but job not done, Lane says

The European Central Bank is making "good progress" in cutting inflation back to its 2% target but success is not yet assured, so restrictive monetary policy is still

ECB making good progress but job not done, Lane says
Economy|Finance|News

Fed's actions spoke louder than words in inflation fight, research shows

The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to

Fed's actions spoke louder than words in inflation fight, research shows
Finance

Chinese money brokers pledge anonymity in bond quotation

Two Chinese money brokers said that they will ensure anonymity in the bond quotation process, after traders said some in the market had been avoiding state banks as trading

Chinese money brokers pledge anonymity in bond quotation
Business|Economy|Europe|Finance|News

Swiss finance minister chides US, Europe over 'time bomb' debt levels

Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper

Swiss finance minister chides US, Europe over 'time bomb' debt levels
Asia|Economy|Finance

China regulates bond market based on market principles, state media says

China's financial regulators approach bond market oversight based on market principles and from macro-prudential and compliance perspectives, state media on Saturday, rejecting

China regulates bond market based on market principles, state media says
Business|Economy|Finance|News

IMF sees scope for Bank of Japan to keep raising rates

The Bank of Japan can raise interest rates gradually as heightening inflation expectations leave further scope to normalise its

IMF sees scope for Bank of Japan to keep raising rates
Africa|Economy|Finance

S&P downgrades Kenya on weaker fiscal and debt trajectory

Global credit ratings agency S&P downgraded Kenya's rating on Friday to "B-" from "B," citing the recent repeal of the East African country's 2024/2025 Finance Bill, which it said will

S&P downgrades Kenya on weaker fiscal and debt trajectory
Business|Finance|Stock Markets|Technology

'Super Bowl' Nvidia earnings stand to test searing AI trade

The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024.

'Super Bowl' Nvidia earnings stand to test searing AI trade
Business|Economy|Finance

U.S. Treasuries not the safe bet they once were, research says

No safer than a bund. Or a gilt. Or an OAT. Long touted as hands-down the world's "safe haven" securities, the behavior of U.S.

U.S. Treasuries not the safe bet they once were, research says

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