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ASML CEO says Dutch-China tension has not hit chip-gear maker
AMSTERDAM, Nov 16 (Reuters) - ASML's ASML.AS CEO said the Dutch chip-gear maker has not been affected by tensions between The Netherlands and China over the Dutch government's takeover of chipmaker Nexperia 600745.SS."It will not affect our business in the short term", ASML CEO Chris...
Mon, Nov 17
Airbus to win bulk of major flydubai jet order, sources say
DUBAI, Nov 16 (Reuters) - Airbus AIR.PA looks set to beat Boeing BA.N to the lion's share of a major jet order from flydubai at the Dubai Airshow, breaking its rival's grip on the fast-growing budget carrier for the first time, people familiar with the matter said on Sunday.The European plan...
Mon, Nov 17
Soybeans, wheat, corn eye weekly gains ahead of US crop report
Chicago soybeans rose on Friday, and were on track for a weekly gain, as traders positioned ahead of a closely watched U.S. government crop report and awaited the resumption of export data releases that could provide clues into Chinese buying.
Fri, Nov 14
Dollar headed for weekly loss on worries of what clearing US data fog might show
Dollar falls as investors fret about weakening U.S. economyMarkets split on Fed cut in DecemberSterling slips after FT report Starmer and Reeves ditching plans to raise income tax ratesBy Rae Wee SINGAPORE, Nov 14 (Reuters) - The dollar was on shaky ground on Friday and headed for a weekly fall, ...
Fri, Nov 14
Gold rises, poised for weekly gain on softer dollar
Gold prices rose on Friday and were on track for a weekly rise, supported by a weaker dollar as investors waited for more U.S. economic data to gauge the likelihood of a December rate cut after hawkish comments from Federal Reserve officials.
Fri, Nov 14
Asian stocks slide as waning hopes for Fed rate cut trigger selloff
Emerging Asian equities slipped on Friday, with Singapore stocks tumbling from record highs, as hawkish U.S. Federal Reserve comments sparked a global selloff and dimmed hopes of a rate cut next month.
Fri, Nov 14
Stocks crumble as hopes fade for imminent Fed rate cut
Asian shares tumbled on Friday, joining a global selloff as hawkish comments from Federal Reserve officials hosed down hopes for a U.S. rate cut next month, while a still-messy data calendar added to the angst.
Fri, Nov 14
Soy hits 17-month high, corn to 4-month top as trade braces for US data
CHICAGO, Nov 13 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
Fri, Nov 14
US says talks with Swiss officials were 'very positive,' deal could see drop in tariffs
WASHINGTON, Nov 13 (Reuters) - U.S. trade talks with Switzerland in Washington on Thursday were "very positive" and could lead to a reduction in the 39% U.S. tariffs on Swiss imports if the terms of a deal are accepted by U.S. President Donald Trump, a senior U.S. official said.Swiss officia...
Fri, Nov 14
Gold falls 1% as broad market sell-off follows US government reopening
Nov 13 (Reuters) - Gold prices fell 1% on Thursday, pulling back from a three-week high earlier in the session amid a broad market sell-off following the reopening of the U.S. government.
Fri, Nov 14
Apple lowers App Store commissions for 'mini apps'
SAN FRANCISCO, Nov 13 (Reuters) - Apple AAPL.O on Thursday said it would lower commissions for "mini apps" on iPhones and other devices.Apple's App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come ...
Fri, Nov 14
Fed's Kashkari wanted rate-cut pause in October, reports Bloomberg News
Nov 13 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed's interest-rate cut in October given the economy's resilience, and said he was undecided on what to do for the Fed's meeting next month. ...
Fri, Nov 14
Living costs, mortgages on the menu at White House dinner with top execs, sources say
NEW YORK, Nov 13 (Reuters) - Rising living costs and expanding home ownership were among the issues U.S. President Donald Trump and top Wall Street executives discussed at Wednesday's White House dinner, according to two people with knowledge of the event.
Fri, Nov 14
US corporate bankruptcies set to hit 15-year high amid credit jitters, S&P data shows
Nov 13 (Reuters) - Large U.S. corporate bankruptcies are on pace to hit their highest level in 15 years, S&P Global data showed on Thursday, underscoring mounting stress across corporate America at a sensitive time for public market investors.Total bankruptcy filings reached 655 this year throug...
Fri, Nov 14
Fed's December rate cut looks increasingly like a toss-up
SAN FRANCISCO/DUBLIN, Nov 13 (Reuters) - Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odd
Fri, Nov 14
Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
Nov 13 (Reuters) - Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health.
Fri, Nov 14
South Korea shares gain for a fourth day; end of US government shutdown in focus
South Korean shares extended gains for a fourth straight session on Thursday, as the U.S. House passed a bill to end the longest-ever government shutdown in South Korea's second-biggest trading partner.
Thu, Nov 13
Soybeans hit 17-month high ahead of US report, China's absence caps gains
Chicago soybeans rose on Thursday to their highest in nearly 17 months as expectations of lower U.S. yields underpinned prices, although the absence of Chinese buying curbed gains.
Thu, Nov 13
Gold extends rise as Trump signs deal to lift shutdown
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.
Thu, Nov 13
Trump signs deal to end longest US government shutdown in history
House votes to advance funding package to end 43-day shutdownDemocrats oppose package due to lack of healthcare subsidiesTrump supports package, likely to pass with conservative backingBy David Morgan, Nolan D. McCaskill, Bo Erickson and Gram Slattery WASHINGTON, Nov 12 (Reuters) - President Dona...
Thu, Nov 13
