Clouds gather over ‘Mag 7’ earnings
A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan’s as-expected decision…
Economy
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Japanese investors sell overseas assets for third week in a row
(Reuters) – Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen’s sharp decline amid U.S. election uncertainties and reduced expectations of…
Australian banks brace for lower earnings as costs, competition bite
By Roushni Nair (Reuters) – Australia’s biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs…
BOJ keeps interest rates steady, roughly maintains price forecasts
TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Thursday and roughly maintained its forecast that inflation will hover near its 2% inflation target in coming years,…
Thai economy expected to grow 3% next year, finance ministry says
BANGKOK (Reuters) – Thailand’s economy is expected to grow 3% in 2025, supported by private consumption, exports, investment and tourism, the finance ministry said on Thursday. Southeast Asia’s second-largest economy…
China’s Oct factory, services activity break back into expansion
BEIJING (Reuters) -China’s manufacturing activity in October expanded for the first time in six months, an official factory survey showed on Thursday, supporting policymakers’ optimism that recent fresh stimulus will…
Yen struggles before BOJ decision; dollar stalls ahead of jobs data
By Brigid Riley TOKYO (Reuters) – The yen remained under pressure on Thursday as the Bank of Japan looked set to keep ultra-low interest rates steady, while the U.S. dollar…
Korea Zinc shares plunge for second day ahead of watchdog briefing
SEOUL (Reuters) – Shares of Korea Zinc slumped for a second straight session on Thursday, after a decision by the world’s top zinc refiner to issue new stocks. Shares fell…
Australia’s Coles posts slower Q1 comparable sales on lower shelf prices
(Reuters) -Australia’s Coles saw a slowdown in comparable sales in the first quarter on Thursday due to lower shelf prices for its products, even as it beat market estimates for…
IMF board approves Kenya’s reviews, unlocking access to $606 million
NAIROBI (Reuters) – The executive board of the International Monetary Fund has approved the seventh and eighth reviews of Kenya’s program, the IMF said on Wednesday, paving the way for…