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…
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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…
Morning Bid: Bank of Japan, China PMIs top bumper day
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Thursday is shaping up to be a huge day for markets in Asia as investors brace…
MetLife profit falls on group benefits business weakness
(Reuters) – MetLife (NYSE:MET) reported a fall in third-quarter adjusted profit on Wednesday, owing to weak performance in the insurer’s group benefits business, sending its shares down 5.5% after the…
Facebook parent Meta projects sharp acceleration in AI costs after results beat Wall Street targets
By Katie Paul, Akash Sriram (Reuters) -Facebook owner Meta Platforms (NASDAQ:META) beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure…
BOJ to keep rates steady as politics muddles outlook
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to maintain ultra-low interest rates on Thursday and signal a cautious approach to rolling back its massive monetary…
Does Trump really want to compare now to four years ago?
By Howard Schneider WASHINGTON (Reuters) – Republican presidential candidate and former President Donald Trump’s end-of-campaign arguments to voters choosing between him and Democrat Kamala Harris have focused on an old…
Canada would have to double defense spending by 2032-33 to meet NATO target, watchdog says
By Promit Mukherjee OTTAWA (Reuters) -Canada would have to double current defense spending by fiscal 2032-33 to achieve its stated goal of meeting NATO targets, an increase that could violate…
‘Trump trade’ could reverse on signs Trump would lean hawkish on fiscal policy
Investing.com — Reports that a second potential Donald Trump presidency could include fiscal hawks in his administration focused on aggressively cutting fiscal spending, threatens to shift and reverse the ‘Trump trade,’ pushing…