November 2024 – Page 53 – Best Day Investing

Pakistan central bank set to deliver fourth consecutive rate cut to revive economy

By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to cut its key interest rate further at its policy meeting on Monday, with policymakers continuing their efforts to…

November 1, 2024

Economy

Swiss inflation falls to lowest level in three years

ZURICH (Reuters) – Swiss inflation fell to its lowest level in more than three years in October, government data showed on Friday, pointing towards more interest rate cuts by the…

November 1, 2024

Economy

Japan cuts growth forecast again for current fiscal year on weak exports

By Yoshifumi Takemoto and Makiko Yamazaki TOKYO (Reuters) – Japan’s government on Friday lowered its GDP growth forecast for the current fiscal year as weaker exports drag on a fragile…

November 1, 2024

Economy

South African factory sector expands for second month, Absa PMI shows

JOHANNESBURG (Reuters) – South African manufacturing activity grew in October for the second month in a row, a local purchasing managers’ index (PMI) survey showed, the first time since early…

November 1, 2024

Economy

Apple, Amazon report; nonfarm payrolls ahead – what’s moving markets

Investing.com — US stock futures point to a positive start on Wall Street on Friday, with traders assessing earnings from megacap technology groups and looking ahead to the October nonfarm payrolls…

November 1, 2024

Stock

Siemens can make more acquisitions after Altair deal, exec tells paper

ZURICH (Reuters) – Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair, managing board member Cedrik Neike said. “This…

November 1, 2024

Stock

Apple, Amazon shares steady in Frankfurt after results

LONDON (Reuters) – Frankfurt-listed shares of “Magnificent 7” stocks Apple and Amazon (NASDAQ:AMZN) were broadly steady on Friday, in light volumes after both companies reported quarterly earnings after-market on Thursday.…

November 1, 2024

Stock

Indonesia bans sales of Google phones days after blocking Apple’s iPhone 16

JAKARTA (Reuters) -Indonesia said it has banned sales of smartphones made by Alphabet (NASDAQ:GOOGL)’s Google due to rules requiring the use of locally manufactured components, days after blocking sales of…

November 1, 2024

Stock

Japan stocks lower at close of trade; Nikkei 225 down 2.79%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Transportation Equipment, Rubber and Pharmaceutical Industry sectors led shares lower. At the close in Tokyo,…

November 1, 2024

Stock

Nomura more than doubles profit in quarter overshadowed by scandal

TOKYO (Reuters) -Japan’s Nomura Holdings (NYSE:NMR) more than doubled its quarterly profit on Friday, marking its sixth straight quarter of growth, bolstered by a strong performance at its wholesale business,…

November 1, 2024