By Polina Devitt LONDON (Reuters) -An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week[...]
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April 5, 2024
US, EU eye Chinese legacy chips in renewed semiconductor accord
By Philip Blenkinsop LEUVEN, Belgium (Reuters) – The United States and the European Union committed to extend by three years their cooperation on identifying disruptions in the semiconductor sec[...]
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Stellantis output in Italy down 10% in Q1, trade union says
MILAN (Reuters) -Production of passenger cars and vans at Stellantis’ Italian plants fell 9.8% year-on-year in the first three months of this year to 170,415 units, the FIM-CISL union said on Fr[...]
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Indonesia reviews import rules after business group complaints
JAKARTA (Reuters) – Indonesia is evaluating regulations designed to curb imports of more than 3,000 products, a senior trade ministry official said on Friday, following industry concerns the rul[...]
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Morning Bid: Geopolitics, oil and payrolls make for a busy day
A look at the day ahead in U.S. and global markets by Alun John. It is an unusual start to a first Friday of the month as, with Brent crude oil above $90 a barrel and driving a risk-off tone in market[...]
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UK construction sector ekes out first growth since August 2023, survey shows
LONDON (Reuters) – Britain’s construction industry expanded last month for the first time since August, albeit only slightly, according to a survey on Friday that added to signs of improve[...]
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Foreign inflows in Asian stocks surge in March on rate cut prospects, China data
By Gaurav Dogra (Reuters) – Asian stocks saw robust demand from overseas investors in March, marking their best quarter for foreign inflows in over three years, amid prospects of accommodative m[...]
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Apple supplier Foxconn sees growth in Q2 after dip in Q1 revenue
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, said on Friday it expected a rise in second qua[...]
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Japan warns against excessive yen moves, repeats verbal intervention
By Leika Kihara and Yukiko Toyoda TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Friday authorities will use “all available means” to deal with excessive yen falls, stressi[...]
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