Category Archives:
Rising yields may pressure BOJ to consider raising newly set cap
By Leika Kihara TOKYO (Reuters) - A recent surge in global interest rates is heightening pressure on the Bank of Japan to change its bond yield control next week, with a hike to an existing yield cap ...
Oct 23, 2023
Roche buys Telavant Holdings for $7.1 billion
ZURICH (Reuters) - Roche on Monday said it will buy Telavant, a developer of a new treatment for inflamatory bowel diseases, for an initial $7.1 billion from American biopharma company Roivant Holding...
Oct 23, 2023
Philips raises full-year outlook as Q3 profit jumps
AMSTERDAM (Reuters) -Dutch health technology company Philips on Monday raised its full-year outlook as it beat analysts' expectations for third-quarter core profit and comparable sales. Core profit mo...
Oct 23, 2023
Analysis-Anti-obesity drugs can be boost for food makers, investors say
By Richa Naidu and David Randall LONDON/NEW YORK (Reuters) - The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's Wegovy presents opportunities for food manufacturers a...
Oct 23, 2023
Marketmind: Stocks struggle as yields rise, tech earnings loom
A look at the day ahead in European and global markets from Wayne Cole. It's been a cautious start to the week in Asia as markets wait to see when, or whether, Israel will launch a ground invasion of ...
Oct 22, 2023
Japan’s Kishida vows measures to cushion blow from rising inflation
By Leika Kihara TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida pledged on Monday to compensate households for the rising cost of living with subsidies and payouts, stressing his government's ...
Oct 22, 2023
EV brand Beyonca signs investment deal with Saudi Arabian group
BEIJING (Reuters) - Electric vehicle brand Beyonca, backed by Renault and Dongfeng Motor, said on Monday that it signed an investment agreement with Riyadh-based Al Faisaliah Group Holding Company. At...
Oct 22, 2023
Argentina market analysts see silver lining in Peronist election win
By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) - A surprise first place for Argentina's ruling Peronists in a general election on Sunday could calm market fears about a runaway win for libe...
Oct 22, 2023
Alibaba promises major discounts ahead of China’s ‘Singles Day’ shopping event
By Brenda Goh SHANGHAI (Reuters) - E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual Singles Day shopping extravaganza - an indication that Chinese c...
Oct 22, 2023
Column-Leveraged funds’ record short Treasuries bets surge again: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Leveraged funds trading U.S. Treasuries futures have increased their record net short position across the curve, which will do little to soothe growing c...
Oct 22, 2023
Peoria, IL, USA
38 °F Partly cloudy
