Category Archives:
Marketmind: Shaken but not stirred
A look at the day ahead in European and global markets from Anshuman Daga Red-hot U.S. inflation data briefly rattled global markets before Wall Street made a dramatic recovery on Thursday. U.S. stock...
Oct 14, 2022
India festival spending booms despite inflation worries, global slowdown
By Manoj Kumar NEW DELHI (Reuters) - Indian consumers are lapping up everything from cars, houses and television sets to travel and jewellery in the festive season that began last month, according to ...
Oct 13, 2022
India’s Infosys jumps on upbeat outlook, buyback plans
BENGALURU (Reuters) - Shares of Indian IT major Infosys Ltd rose as much as 4.6% to a one-month high on Friday, after it raised revenue outlook and announced a $1.13 billion share buyback. The Bengalu...
Oct 13, 2022
Chances for late-Oct U.S. hurricane falling, forecasters say
HOUSTON (Reuters) - The chances of a hurricane striking the United States in late October are declining, forecasters at Colorado State University said in a closely watched report on Thursday. "The 202...
Oct 13, 2022
Dollar holds firm, yen hovers around 32-year low
By Ankur Banerjee SINGAPORE (Reuters) - The dollar took a breather on Friday after a volatile overnight session as red-hot U.S. inflation data pointed to more aggressive interest rate hikes, while tra...
Oct 13, 2022
Asian shares track Wall Street higher as jitters abound
By Stella Qiu SYDNEY (Reuters) - Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging U.S. inflation will likely le...
Oct 13, 2022
China’s Sept CPI rises at fastest pace since April 2020
BEIJING (Reuters) - China's consumer prices in September rose at the fastest pace since April 2020, mainly driven by food prices, limiting the scope for more central bank easing to prop up a faltering...
Oct 13, 2022
Bitcoin firm NYDIG lays off about a third of employees – WSJ
(Reuters) - Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter. NYDIG, a unit o...
Oct 13, 2022
Analysis-Xi faces painful gear shift as China’s investment-led growth sputters
By Marius Zaharia and Kevin Yao HONG KONG/BEIJING (Reuters) - American businessman Brody Shores' furniture business in China grew on a model that leaned heavily on the promise of an enduring property ...
Oct 13, 2022
China’s zero-COVID policies save lives – but not livelihoods
By Josh Arslan and Thomas Suen BEIJING (Reuters) - China's ultra-strict COVID-19 curbs are taking a toll on businesses and jobseekers as Beijing stresses again and again the need to maintain its zero-...
Oct 13, 2022
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