Author Archives: Syndicated Content
Analysis-Dollar’s gains spell earnings pain for U.S. companies
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A towering rally in the U.S. dollar is expected to hit third-quarter corporate earnings, potentially presenting another obstacle to stocks in a year that has ...
Oct 07, 2022
Marketmind: Get the munchies, pass on the chips
A look at the day ahead in European and global markets from Ankur Banerjee Samsung and AMD became the latest to flag a steep downturn in chip demand as people and companies tighten their belts some mo...
Oct 07, 2022
Local tourism spending rises during China’s Golden Week despite lockdowns
BEIJING (Reuters) - Spending on local tourism rose during China's Golden Week holiday that ends on Friday, according to data from China's largest online travel agency Ctrip, even as clusters of lockdo...
Oct 07, 2022
Motor racing-Alonso sets wet F1 practice pace in Japan
By Abhishek Takle SUZUKA, Japan (Reuters) - Alpine's Fernando Alonso set the fastest time in a wet opening practice session for the Japanese Grand Prix on Friday. The Spaniard lapped the soaked Suzuka...
Oct 07, 2022
India’s RBI sells dollars as rupee hits record low on U.S. rate hike fears
MUMBAI (Reuters) - The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against the dollar on concerns over the U.S. Federal Reserv...
Oct 07, 2022
Australian tech billionaire to chair $20 billion solar power export project
SYDNEY (Reuters) - Australian software mogul Mike Cannon-Brookes was named chairman on Friday of clean energy start-up Sun Cable, which is seeking to secure funds for a proposed A$30 billion-plus ($19...
Oct 07, 2022
Slower U.S. job growth anticipated in September; labor market still tight
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely slowed in September as rapidly rising interest rates leave businesses more cautious about the economic outlook, but overall labor market...
Oct 07, 2022
Explainer-Caps and corridors: how can Europe contain gas prices?
By Kate Abnett BRUSSELS (Reuters) - Leaders of European Union countries will debate whether and how to cap gas prices on Friday, after member states increased the pressure on Brussels to limit fuel co...
Oct 07, 2022
Oil steady as focus turns to U.S. economic data
By Mohi Narayan (Reuters) -Oil prices steadied on Friday ahead of key U.S. economic data after rising over 1% in the last session on cuts to OPEC+ production targets. Brent crude futures slipped 11 ce...
Oct 06, 2022
Indonesia’s forex reserves drop to $130.8 billion at end-September
JAKARTA (Reuters) - Indonesia's foreign exchange reserves fell by $1.4 bln last month to $130.8 bln due to payments of foreign debt and the central bank's effort to stabilise the rupiah currency, Bank...
Oct 06, 2022
