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Whisky maker Suntory's CEO resigns after possible purchase of illegal supplements
Niinami suspected of purchasing supplements with THC, media reports sayHe told company he believed he purchased legal supplementsNiinami advised Japanese prime ministers, often served as the face of corporate JapanBy Anton Bridge and Mariko Katsumura TOKYO, Sept 2 (Reuters) - Suntory Holdings CEO...
Tue, Sep 2
Brazil economy expands 0.4% in second quarter
BRASILIA, Sept 2 (Reuters) - Brazil's economy expanded 0.4% in the second quarter from the previous three months, statistics agency IBGE said on Tuesday, beating economists' forecasts in a Reuters poll of 0.3% growth.Year-on-year, Latin America's largest economy grew 2.2%, matching the i...
Tue, Sep 2
Malaysia summons TikTok management over delays in tackling fake news, report says
KUALA LUMPUR, Sept 2 (Reuters) - Malaysian authorities have summoned TikTok's top management over the social media company's alleged delays in tackling fake news on its platform, state news agency Bernama reported on Tuesday, citing Malaysia's communications minister.
Tue, Sep 2
Euro zone inflation edges up in August
FRANKFURT, Sept 2 (Reuters) - Euro zone inflation edged up a touch in August, staying close to the European Central Bank's 2% target and likely firming up market bets that interest rates will remain unchanged in the near term.
Tue, Sep 2
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Sterling set for worst day since June, gilts sell off as spotlight falls on UK finances
LONDON, Sept 2 (Reuters) - Britain's 30-year borrowing costs rose to their highest levels since 1998 and sterling slid more than 1% on Tuesday, highlighting growing investor anxiety about the UK's ability to get its finances under control.
Tue, Sep 2
Asian stocks gain on Fed rate-cut bets, SE Asia political situation in focus
Sept 2 (Reuters) - Most Asian stock markets rose on Tuesday, led by Indonesia and South Korea on growing bets of a U.S. interest rate cut this month, while investors assessed political risks in Southeast Asia's two largest economies.
Tue, Sep 2
Dollar wobbles, gold hits record high on US rate outlook
Stocks struggle for direction ahead of economic data Dollar soft on rate cut wagers, gold soars to new peakU.S. labour market in focus before Fed's policy meetingWorries about Fed's independence lingerBy Ankur Banerjee SINGAPORE, Sept 2 (Reuters) - Stocks were muted, the dollar steadied n...
Tue, Sep 2
Asia crude oil imports surge in August, but is it demand or prices?
DARWIN, Australia, Sept 2 (Reuters) - Asia's imports of crude oil rebounded in August as heavyweight buyers China and India bought more crude from top exporters in the Middle East.
Tue, Sep 2
Japan government bonds hold steady ahead of debt auction, BOJ remarks
By Rocky Swift TOKYO, Sept 2 (Reuters) - Japanese government bonds held steady on Tuesday ahead of a 10-year debt auction and comments from Bank of Japan (BOJ) Deputy Governor Ryozo Himino.Benchmark 10-year JGB futures 2JGBv1 rose 0.02 yen to 137.32. Most cash bonds had yet to trade in the mornin
Tue, Sep 2
Trump says India offered to reduce tariffs on US goods to zero
Trump calls US-India trade relationship 'one sided'Modi attends China summit with Xi and PutinBeijing seeks to mend ties with New Delhi at summit WASHINGTON, Sept 1 (Reuters) - U.S. President Donald Trump said on Monday that India has offered to reduce its tariffs on U.S. goods to zero, e...
Tue, Sep 2
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Tesla's sales rout in some European markets extends to eighth month
Tesla sales fall in August in France, Sweden, Denmark, Netherlands, ItalySales rise in Norway and Spain but by much less than BYD'sTesla's lineup relatively small and ageingA consumer backlash against CEO Musk has also hurt salesBy Nick Carey and Amir Orusov LONDON, Sept 1 (Reuters) - Te...
Tue, Sep 2
Trump's World Liberty token falls in first day of trading
NEW YORK, Sept 1 (Reuters) - The digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, fell in value on Monday in their first day of trading.The World Liberty tokens, known as $WLFI, were sold to investors after the Trump family and its business partners last...
Tue, Sep 2
Fed should be independent but has made mistakes, Treasury Secretary Bessent says
Bessent defends Trump's right to fire Cook over mortgage fraud allegationsBessent urges quick Senate confirmation of Stephen MiranBessent on market reaction to criticism of Fed: 'We haven't seen anything yet'By Jeff Mason and Andrea Shalal ARLINGTON, Virginia, Sept 1 (Reuters) - U...
Tue, Sep 2
Bessent expects Supreme Court to uphold legality of Trump's tariffs but eyes Plan B
Bessent says 1930 tariff law could be used if neededTreasury secretary plans to submit brief for solicitor generalUS appeals court on Friday ruled Trump's tariffs were illegalBy Andrea Shalal and Jeff Mason ARLINGTON, Virginia, Sept 1 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monda...
Tue, Sep 2
Bessent says Trump administration will tackle high housing costs with new measures
By Jeff Mason and Andrea Shalal ARLINGTON, Virginia, Sept 1 (Reuters) - President Donald Trump's administration plans new measures to tackle the high cost of housing in the coming weeks, U.S. Treasury Secretary Scott Bessent told Reuters in an interview on Monday. Emphasizing the urgen...
Tue, Sep 2
Oil settles higher on weaker dollar and Russian supply disruptions
Zelenskiy vows more strikes deep inside RussiaDollar weakens ahead of US labor market reportChina manufacturing activity expands in AugustOPEC+ due to meet on September 7By Shariq Khan NEW YORK, Sept 1 (Reuters) - Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mount...
Mon, Sep 1
PRECIOUS-Gold trades near record highs on US rate cut bets; silver at 14-year high
Fed's Daly reiterates support for rate cut, given labour market riskSilver gains more than 2% to breach $40 mark, highest since 2011Platinum up 1.9%By Ishaan Arora and Brijesh Patel Sept 1 (Reuters) - Gold hit a more-than-four-month high on Monday to trade around $30 shy of all-time highs, bu...
Mon, Sep 1
British banks rebound slightly, analysts sceptical on tax plan
British banks are rebounding slightly on Monday as several analysts are out saying the sharp falls last week on worries about higher taxes were overdone.
Mon, Sep 1
Deutsche Bank puts India retail banking business up for sale, sources say
NEW DELHI/FRANKFURT, Sept 1 (Reuters) - Deutsche Bank DBKGn.DE is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it the latest foreign bank to consider trimming its bets on India.
Mon, Sep 1
UK stocks advance on boost from precious metal miners, defence stocks
Sept 1 (Reuters) - London equities edged higher on Monday, with precious metal miners and defence stocks leading gains, while some positive corporate updates boosted sentiment.
Mon, Sep 1
