By Xinghui Kok SINGAPORE (Reuters) – Singapore’s full-year economic growth will come in closer to its potential rate of 2% to 3% and core inflation is expected to ease more significantly i[...]
Read moreJuly 18, 2024
Analysis-Rotation trade takes small caps from dead money to Wall Street darlings
By Lewis Krauskopf NEW YORK (Reuters) – U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republic[...]
Read moreMorning Bid: Chips are down as trade tensions mount
A look at the day ahead in European and global markets from Ankur Banerjee This week’s tech share sell-off gained momentum after a report that the United States was considering tighter curbs on[...]
Read moreEU new car sales rise 4.3% in June, industry body ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and[...]
Read moreThaiBev plans to shed property assets in share swap deal
By Yantoultra Ngui and Rishav Chatterjee (Reuters) -Thai Beverage, Southeast Asia’s biggest brewer, plans to divest its real estate assets and become a pure-play drinks and food firm in a share[...]
Read moreStandard Chartered boosts private bank team with 14 new hires
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow the affluent b[...]
Read moreAustralia June jobs jump beyond forecasts, unemployment still up
SYDNEY (Reuters) – Australian employment jumped well beyond expectations in June, yet the jobless rate still ticked higher as more people went looking for work, a mixed report that leaves open t[...]
Read moreAustralia’s Domino’s Pizza slumps to over 9-year low on bleak store growth view
By Ayushman Ojha (Reuters) – Shares in Australia’s Domino’s Pizza Enterprises hit a more than nine-year low on Thursday, as analysts cut their earnings outlook after the company deci[...]
Read moreSamsung Elec, SK Hynix shares slide, tracking falls in global chip stocks
SEOUL (Reuters) – South Korea’s major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks. Wall Street’s[...]
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