Author Archives: Syndicated Content
Currencies hold tight ranges as market awaits more U.S. rate cues
By Brigid Riley (Reuters) - The U.S. dollar held near its lowest in more than a year against a basket of peers on Wednesday, with sterling trading just off multi-year highs, as markets focussed on clu...
Aug 28, 2024
Australia consumer price inflation slows to 4-month low in July
SYDNEY (Reuters) - Australian consumer prices rose at the slowest pace in four months in July as government rebates on electricity provided a temporary drag, while core inflation dipped to its lowest ...
Aug 28, 2024
Australia's Woolworths rises after special dividend, profit in line with forecast
By Himanshi Akhand (Reuters) - Shares of Woolworths climbed on Wednesday after the Australian grocer declared a special dividend and also said its full-year profit dropped in line with analysts' forec...
Aug 28, 2024
Oil rebounds as geopolitics, demand concerns whipsaw investors
(Reuters) - Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Liby...
Aug 28, 2024
Apple cuts about 100 digital services jobs, Bloomberg News reports
(Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team responsible for its Apple Books app and Apple Bookstore, Bloomberg News repor...
Aug 28, 2024
Social media platform X back up after brief outage, Downdetector shows
(Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to outage tracking website Downdetector.com. Downdetector, which tracks outages...
Aug 28, 2024
BOJ's Himino reiterates readiness to raise rates if economy on track
By Makiko Yamazaki TOKYO (Reuters) - Bank of Japan Deputy Governor Ryozo Himino on Wednesday reiterated the central bank's stance that it would continue to raise interest rates if inflation stayed on ...
Aug 28, 2024
Gold edges down on stronger dollar, market awaits US inflation data
By Daksh Grover (Reuters) - Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of a likely Septemb...
Aug 28, 2024
Morning Bid: Market held in thrall ahead of Nvidia numbers
A look at the day ahead in European and global markets from Tom Westbrook Nvidia is holding the investment world in thrall ahead of an earnings report later today that, even if it delivers the expecte...
Aug 28, 2024
Thai central bank says growth outlook below potential
By Orathai Sriring and Chayut Setboonsarng BANGKOK (Reuters) - Thailand's monetary policy committee makes decisions based on the economic outlook when reviewing rates and so would adjust them if the c...
Aug 28, 2024
