Morning bid: Tech stocks cue rally while ECB looms
A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks,…
US holiday sales to grow at slowest pace since 2018, report says
(Reuters) – U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn…
US household rent burden unchanged last year, varied by race, Census says
(Reuters) – The median cost of housing for both U.S. renters and homeowners rose last year and while the share of income renters put toward housing was unchanged overall the…
Factbox-Who’s vying to be Japan’s next prime minister?
By Tim Kelly TOKYO (Reuters) – Japan’s ruling Liberal Democratic Party on Thursday unveiled the nine candidates who will run in a Sept. 27 leadership election to replace Prime Minister…
Dollar firm after inflation data douse bets for big Fed cut
By Kevin Buckland TOKYO (Reuters) – The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the…
Hawkish BOJ policymaker calls for rates to rise to at least 1%
By Leika Kihara OKAYAMA, Japan (Reuters) -The Bank of Japan must raise interest rates to at least 1% by late next year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing…
Asian shares up on Wall St tech boost, dollar extends gains on yen
By Stella Qiu SYDNEY (Reuters) – Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after U.S. core inflation surprised slightly…
Factbox-Who’s vying to be Japan’s next prime minister?
By Tim Kelly TOKYO (Reuters) – Japan’s ruling Liberal Democratic Party on Thursday unveiled the nine candidates who will run in a Sept. 27 leadership election to replace Prime Minister…
Dollar firm after inflation data douse bets for big Fed cut
By Kevin Buckland TOKYO (Reuters) – The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the…
Hawkish BOJ policymaker calls for rates to rise to at least 1%
By Leika Kihara OKAYAMA, Japan (Reuters) -The Bank of Japan must raise interest rates to at least 1% by late next year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing…