Posted inEconomy
Morning Bid: A November to remember..
A look at the day ahead in European and global markets from Stella Qiu Asian markets started what promises to be a momentous month on the cautious side, with investors…
Posted inEconomy
Thai Finance Minister says plans debt relief measures, seeks to ease mortgage rules
By Kitiphong Thaichareon BANGKOK (Reuters) – Thailand is planning measures to tackle household debt including a suspension of interest and reduced principal payments on some bad debts, the finance minister…
Posted inEconomy
Japan’s economic growth likely cooled sharply in Q3 in test for BOJ policy: Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s economy is expected to have slowed sharply in the third quarter hurt by sluggish consumption and capital spending, a Reuters poll showed, which…
Posted inEconomy
Hurricanes, strikes seen denting US job growth as Americans prepare to vote
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth likely slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but a steady unemployment rate should…
Posted inStock
Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama
By James Pomfret and Jessie Pang (Reuters) – Top Chinese research institutions linked to the People’s Liberation Army have used Meta (NASDAQ:META)’s publicly available Llama model to develop an AI…
Posted inEconomy
Asia’s factory activity stagnates, taking shine off rebound in China
By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give much of a boost to regional factories, private surveys showed,…
Posted inEconomy
Ex-FamilyMart minority shareholders secure another landmark win over Itochu buyout
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Tokyo’s high court has ruled the fair value of FamilyMart shares was 13% higher than Itochu’s buyout offer, in another landmark…
Posted inEconomy
US urges Israel to extend waiver on co-operation with Palestinian banks
By Kanishka Singh WASHINGTON (Reuters) – Israel’s decision for a month’s waiver extension on co-operation between Israeli and Palestinian banks covered a “very short term” and would create “another looming…
Posted inEconomy
Japan must avoid issuing debt to fund fresh spending, IMF says
By Leika Kihara TOKYO (Reuters) -Japan must fund any additional spending plans within its budget rather than issuing more debt, the International Monetary Fund said on Friday, urging the government…
Posted inEconomy
Asia markets start momentous month on cautious side, US payrolls awaited
By Stella Qiu SYDNEY (Reuters) – Asian markets started a likely momentous month on the cautious side, with shares mostly lower and Treasury yields near three-month highs on Friday, while…