Risk spotlight swings to earnings avalanche
A look at the day ahead in European and global markets from Kevin Buckland Earnings are very much front and centre on Tuesday, particularly with markets mostly treading water as…
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Hong Kong home prices decline for fifth month in Sept
HONG KONG (Reuters) – Hong Kong’s home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to…
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
By Kevin Buckland TOKYO (Reuters) – Asian stocks were mixed in volatile trading on Tuesday as investors girded for three days of tech megacap earnings reports on Wall Street, kicking…
Japan’s finance minister vows to closely watch FX moves
TOKYO (Reuters) – Japan’s Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators. “We will continue to…
Yen mired in political uncertainty; dollar looks to key data releases
By Rae Wee SINGAPORE (Reuters) – The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections raised…
Bank of Korea board member says dollar liquidity not worrying, media reports
SEOUL (Reuters) – A voting board member at South Korea’s central bank said she is not concerned about dollar liquidity conditions in the dollar-won market, Yonhap news agency reported on…
UK budget to give health service huge boost, Reeves says
LONDON (Reuters) – Britain’s finance minister Rachel Reeves will announce billions of pounds in funding for the National Health Service (NHS) in Wednesday’s budget that will go towards buying new…
Morning Bid: Uncertainty runs deep, investors seek clearer signals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia could be forgiven for going into Tuesday’s session with a high degree of…
Automaker Ford weakens profit outlook, shares fall
By Nora Eckert and Nathan Gomes (Reuters) -Ford Motor said on Monday it expects to meet just the lower end of its full-year profit guidance, and the U.S. automaker’s shares…
US finalizes rules to curb AI investments in China, impose other restrictions
By David Shepardson, Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) – The Biden administration said on Monday it is finalizing rules that will limit U.S. investments in artificial intelligence and…