Author Archives: Syndicated Content
Kroger plans to lower prices by $1 billion after Albertsons merger closes
(Reuters) - Supermarket chain Kroger plans to lower grocery prices by $1 billion after the completion of its proposed $25 billion merger with smaller rival Albertsons, a company spokesperson said on T...
Aug 15, 2024
National Australia Bank third-quarter cash earnings drop nearly 8%
(Reuters) -National Australia Bank reported as much as 8% drop in its cash earnings for the third-quarter on Friday, hurt by rising competition in the housing loan market and higher operational expens...
Aug 15, 2024
Analysis-Political uncertainty may prod BOJ to pause, but not end, rate hike path
By Leika Kihara TOKYO (Reuters) - The political uncertainty left by Prime Minister Fumio Kishida's decision to step down will likely lead to a pause, rather than a full stop, to the Bank of Japan's pl...
Aug 15, 2024
Singapore's July exports rise 15.7% y/y, stronger than forecast
SINGAPORE (Reuters) - Singapore's non-oil domestic exports rose 15.7% in July from a year earlier, data on Friday showed, with both electronics and non-electronics exports growing. The rise compared w...
Aug 15, 2024
Dollar firm after US data quells recession fears
By Kevin Buckland TOKYO (Reuters) - The dollar hovered near a two-week high to the yen after its biggest one-day gain against major peers in four weeks as firm U.S. economic data all but eliminated fe...
Aug 15, 2024
Oil prices set for weekly gains on renewed enthusiasm around US economy
By Shariq Khan (Reuters) - Oil prices edged lower in early Asian trading on Friday, but the market's benchmarks were set for a second consecutive weekly gain after upbeat U.S. economic data eased inve...
Aug 15, 2024
JD.com shares set to rise 6.5% after earnings beat forecasts
HONG KONG (Reuters) - The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5% on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lur...
Aug 15, 2024
Japanese stocks head for best week in 4 years as receding growth fears lift markets
By Rae Wee SINGAPORE (Reuters) - Asia shares were headed for a weekly gain on Friday and Japan's benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over ...
Aug 15, 2024
US State Dept OKs potential $5 billion sale of Patriot missiles to Germany
WASHINGTON (Reuters) - The U.S. State Department has approved the possible sale of up to 600 Patriot air defense missiles to NATO ally Germany for an estimated cost of $5 billion, the Pentagon said on...
Aug 15, 2024
In boost for AUKUS, US says Australia and UK export-controls comparable
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) - The U.S. State Department told the U.S. Congress on Thursday that Australia, Britain and the United States now have comparable export-con...
Aug 15, 2024
