WASHINGTON (Reuters) – Production at U.S. factories unexpectedly fell in January, weighed down by harsh winter weather. Manufacturing output dropped 0.5% last month after an unrevised 0.1% gain[...]
Read more
February 16, 2024
US import prices post largest gain in nearly two years in January
WASHINGTON (Reuters) – U.S. import prices increased by the most in nearly two years in January amid rising costs for petroleum and other goods, a trend that if sustained, would be bad news in th[...]
Read more
Singapore’s Jan exports up 16.8% y/y, steeper rise than forecast
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports grew 16.8% in January from the same month a year earlier, official data showed on Friday, aided by growth in both electronic and[...]
Read more
Elon Musk to seek district court review of order in SEC X case
By Chris Prentice WASHINGTON (Reuters) -Elon Musk plans to ask a district court to review a U.S. magistrate judge’s order siding with the U.S. Securities and Exchange Commission as it seeks to c[...]
Read more
Mexico’s Femsa eyes about $14 billion CAPEX plan, more dividends
MEXICO CITY (Reuters) – Mexican retailer Femsa plans to spend more than 237 billion pesos ($13.91 billion) over the next five years to grow its business and return capital to shareholders, the c[...]
Read more
Wall Street ends higher as retail sales slump feeds hopes for rate cuts
By Carolina Mandl, Johann M Cherian and Ankika Biswas (Reuters) -U.S. stocks closed higher on Thursday as retail sales data declined more than expected, feeding hopes the Federal Reserve will soon sta[...]
Read more
Japan finance minister says up to BOJ to decide when to end negative rates
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday that monetary policy including whether and when the central bank may end its negative interest rate policy was up to th[...]
Read more