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S&P 500, Dow shut at report highs on tech, retail in focus
S&P 500, Dow shut at report highs on tech, retail in focus
Category Economy
Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
Brazil’s finance minister, Congress leaders search to calm markets on tax change issues
By Marcela Ayres SAO PAULO/BRASILIA (Reuters) -Brazil’s forex rebounded on Friday from report lows after congressional leaders stated they’d put the brakes on authorities revenue tax reform, and the finance minister pressured that fiscal dedication goes past a brand new…
Shares rally, greenback droops in abbreviated session
By Alden Bentley and Naomi Rovnick NEW YORK/LONDON (Reuters) -International inventory markets rallied on Friday, with Wall Road crowning November with its greatest month-to-month achieve in a 12 months on post-election progress hopes, whereas the greenback eased amid prospects for…
Yen hits six-week excessive, greenback dips for month-end
By Karen Brettell and Harry Robertson NEW YORK (Reuters) -The yen jumped to a six-week excessive towards the greenback on Friday after faster-than-expected inflation in Tokyo supported bets for a Financial institution of Japan rate of interest hike subsequent month.…
Canada says North American free commerce companions ought to be absolutely aligned on China
OTTAWA (Reuters) – Canada thinks the members of the U.S.-Mexico-Canada commerce pact have an opportunity to provide a completely aligned coverage on China, Finance Minister Chrystia Freeland stated on Friday. Freeland made her remarks when requested by reporters about U.S.…
China to increase tariff exemptions for some US merchandise to 2025
BEIJING (Reuters) – China will prolong tariff exemptions for the import of some U.S. merchandise till Feb. 28, 2025, the Customs Tariff Fee of the State Council mentioned on Friday. The listed objects, together with uncommon earth steel ore, medical…
China’s Wanda goals to create fund of as much as $12.4 billion, Bloomberg Information stories
(Reuters) – Chinese language property big Dalian Wanda has instructed some buyers it plans to ascertain a fund of about 50 billion yuan to 90 billion yuan ($6.91 billion – $12.44 billion) to pay taxes and debt, Bloomberg Information reported…
Morning Bid: Yen bulls cost forward after Tokyo inflation information
A have a look at the day forward in European and world markets from Stella Qiu It was presupposed to be a quiet post-Thanksgiving session in Asia however hotter-than-expected CPI readings for Tokyo emboldened buyers to chase after the yen,…
Turkey economic system grew 2.6% in Q3; seen cooling to three% in 2024
ISTANBUL (Reuters) -Turkey’s economic system is predicted to have expanded 2.6% within the third quarter because of slower home demand and the load of tighter financial insurance policies, a Reuters ballot confirmed on Tuesday, with the speed seen cooling to…
Orban ally Varga to take over at Hungary’s central financial institution as economic system sags
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) – Prime Minister Viktor Orban nominated Finance Minister Mihaly Varga as Hungary’s subsequent central financial institution governor on Friday, turning to an ally as he seeks to revive the economic system earlier…
