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Month: November 2024

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Toyota to post first profit drop in 2 years as demand cools after big run
Posted inStock

Toyota to post first profit drop in 2 years as demand cools after big run

By Daniel Leussink TOKYO (Reuters) – Toyota Motor (NYSE:TM) is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand…
Posted by November 5, 2024
World’s first wooden satellite, developed in Japan, heads to space
Posted inStock

World’s first wooden satellite, developed in Japan, heads to space

By Kantaro Komiya and Irene Wang KYOTO (Reuters) – The world’s first wooden satellite, built by Japanese researchers, was launched into space on Tuesday, in an early test of using…
Posted by November 5, 2024
Paramount chair Shari Redstone will leave board after Skydance merger, Bloomberg News reports
Posted inStock

Paramount chair Shari Redstone will leave board after Skydance merger, Bloomberg News reports

(Reuters) -Shari Redstone won’t stay on the board of Paramount Global after the company completes its planned merger with Skydance Media, Bloomberg News reported on Monday, citing people familiar with…
Posted by November 5, 2024
China gives Morgan Stanley approval to launch local futures unit
Posted inStock

China gives Morgan Stanley approval to launch local futures unit

By Selena Li HONG KONG (Reuters) – Morgan Stanley has won final approval to launch a futures business in China via a newly established unit, becoming the second major U.S.…
Posted by November 5, 2024
Trump win expected to trigger more China stimulus- JPMorgan
Posted inStock

Trump win expected to trigger more China stimulus- JPMorgan

Investing.com– A Donald Trump victory in the 2024 presidential election is expected to trigger a sell-off in Chinese stocks, potentially drawing out more fiscal stimulus from Beijing, JPMorgan said in…
Posted by November 5, 2024
Asia stocks dip amid election jitters, China buoyed by positive PMI
Posted inStock

Asia stocks dip amid election jitters, China buoyed by positive PMI

Investing.com– Most Asian markets fell on Tuesday as traders remained largely risk-averse before a hotly contested U.S. presidential election later in the day, while Chinese markets were supported by strong…
Posted by November 5, 2024
Australia’s central bank keeps cash rate at 4.35%, as expected
Posted inEconomy

Australia’s central bank keeps cash rate at 4.35%, as expected

SYDNEY (Reuters) – Australia’s central bank held interest rates steady on Tuesday as expected, reiterating policy would need to stay restrictive until it was certain core inflation was slowing as…
Posted by November 5, 2024
RBA leaves interest rates unchanged, will maintain restrictive policy
Posted inEconomy

RBA leaves interest rates unchanged, will maintain restrictive policy

Investing.com– The Reserve Bank of Australia kept interest rates unchanged on Tuesday, while signaling that it will continue to keep monetary policy restrictive due to concerns over inflation remaining too…
Posted by November 5, 2024
Australia central bank sees inflation still sticky, job growth strong
Posted inEconomy

Australia central bank sees inflation still sticky, job growth strong

SYDNEY, Nov 5 (Reuters) – Australia’s central bank said on Tuesday underlying inflation was expected to slow gradually as it revised up its outlook for employment gains, while trimming forecasts…
Posted by November 5, 2024
New Zealand central bank paints grim economic outlook
Posted inEconomy

New Zealand central bank paints grim economic outlook

By Lucy Craymer and Renju Jose WELLINGTON (Reuters) – New Zealand’s central bank painted a bleak economic picture on Tuesday, citing rising unemployment and delayed business investment plans due to…
Posted by November 5, 2024

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