World Bank raises South Asia growth forecast to 6.4% on India demand
By Manoj Kumar and Karin Strohecker NEW DELHI/LONDON (Reuters) – The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%,…
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Analysis-BOJ may not be as dovish as Ueda’s cautious rhetoric suggests
By Leika Kihara TOKYO (Reuters) – Japan’s improving economic conditions and receding U.S. recession worries are likely to bring prospects of a December or January interest rate hike back into…
Fragrance and flavour maker Givaudan tops Q3 sales forecast on strong demand
(Reuters) -Swiss fragrance and flavour maker Givaudan reported third-quarter sales above analysts’ expectations on Thursday, driven by sustained high demand across its markets. Givaudan’s sales rose 10.2% to 1.91 million…
Nearly 86% of Japan households expect prices to rise a year from now, BOJ says
TOKYO (Reuters) – The ratio of Japanese households that expect prices to rise a year from now stood at 85.6% in September, down from 87.5% in the previous survey taken…
Morning Bid: China stocks party resumes with an eye on Saturday
A look at the day ahead in European and global markets from Ankur Banerjee Chinese stocks were back at it and surging on Thursday, shaking off the previous day’s slump,…
Anduril to sell small, affordable drones after success in Ukraine
By Mike Stone WASHINGTON (Reuters) – Anduril Industries released new, autonomous drones on Thursday for intelligence gathering and lethal missions, to take advantage of surging demand spurred by the success…
Venture capital investors wary of dealmaking despite stock market momentum, report says
By Niket Nishant (Reuters) – Venture capital investors in the United States remained cautious about dealmaking amid economic uncertainty, according to a PitchBook-NVCA report released on Thursday, underscoring challenges in…
Why is China hesitating with the stimulus bazooka? Morgan Stanley weighs in
Investing.com– China’s recent batch of economic support largely disappointed investors holding out for a stimulus “bazooka,” with Morgan Stanley stating that Beijing had limited scope to roll out fiscal measures. …
Chinese stocks climb; dollar steady before US inflation test
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks got a lift on Thursday from Chinese stocks as China’s central bank kicked off its 500 billion yuan facility to spur capital…
Trump pledges to lower taxes on Americans abroad in latest attempt to woo voters
By Kanishka Singh WASHINGTON (Reuters) – Republican presidential candidate Donald Trump has pledged to lower taxes on U.S. citizens living abroad, in his latest attempt to lure voters before the…