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Germany, UK lead 10.7% rise in September European car sales, ACEA says
New car sales in Europe rose 10.7% in September, driven by growth in almost all markets led by Germany and the UK, European Automobile Manufacturers' Association data showed on Tuesday.
Tue, Oct 28
Citi to tie up with Coinbase to boost digital payments for institutional clients
Citigroup C.N and cryptocurrency exchange Coinbase COIN.O plan to collaborate on digital asset payment solutions for the U.S. bank's institutional clients, to expand the offering to global clients in the future.
Tue, Oct 28
JGB yields fall on expectations Japan would not exceed defence spending beyond target
Japanese government bond (JGB) yields edged down on Tuesday, on expectations that Japan would not propose boosting its defence budget beyond its target to the United States.
Tue, Oct 28
China's foreign minister speaks with Rubio ahead of Trump-Xi meeting
BEIJING, Oct 27 (Reuters) - China hopes the United States can meet it halfway to "prepare for high-level interactions" between the two countries, foreign minister Wang Yi told U.S. Secretary of State Marco Rubio in a phone call on Monday, China's foreign ministry said.
Tue, Oct 28
Oil settles lower as OPEC plans to increase oil output
HOUSTON, Oct 27 (Reuters) - Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on Russia.
Tue, Oct 28
Qualcomm announces new AI chips in data center push, shares surge
Oct 27 (Reuters) - Qualcomm QCOM.O on Monday unveiled two artificial intelligence chips for data centers that will be available next year, diversifying beyond a stagnant smartphones market and sending its shares up 20%.The share gain following the news underscores strong ent...
Tue, Oct 28
AMD rises as US Energy Department signs $1 billion deal
Advanced Micro Devices AMD.O shares rise 0.6% to $254.17
Tue, Oct 28
Amazon targets as many as 30,000 corporate job cuts, sources say
SAN FRANCISCO, Oct 27 (Reuters) - Amazon AMZN.O is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
Tue, Oct 28
Takaichi, Trump to sign joint document on securing rare earth minerals, Asahi says
TOKYO, Oct 28 (Reuters) - Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump are in the final stages of preparing a joint document on securing rare earths and other critical minerals and strengthening supply chains, the Asahi Newspaper reported on Tuesday. The agreement, which
Tue, Oct 28
METALS-Copper hits 17-month peak on US-China trade deal optimism
By Pratima Desai LONDON, Oct 27 (Reuters) - Copper prices hit 17-month highs on Monday as signs of easing trade tensions between the world's two largest economies - China and the U.S. - and hopes for stronger growth and demand spurred buying.Benchmark copper CMCU3 on the London Metal Exchange...
Mon, Oct 27
Soybeans hit four-month highs on US-China trade deal hopes
Chicago soybeans rose on Monday on anticipation the United States could restart its soybean exports to China after U.S. President Donald Trump said he hoped to reach a trade deal with China during his visit to Asia this week.
Mon, Oct 27
Japan's Nikkei tops 50,000 mark for first time on stimulus euphoria
By Rocky Swift TOKYO, Oct 27 (Reuters) - Japan's Nikkei share average closed above the 50,000 level for the first time on Monday, continuing a run of successive records on expectations of sizeable spending from the nation's new prime minister.Crossing the key psychological threshold is th...
Mon, Oct 27
China, Hong Kong stocks rise on Trump-Xi trade talk optimism
tocks in China and Hong Kong rallied on Monday, driven by renewed hopes for a U.S.-China trade deal after top officials from both sides outlined a framework aimed at defusing tensions ahead of a key leaders' meeting later this week.
Mon, Oct 27
Copper jumps to 16-month high on trade deal optimism
Copper climbed to a 16-month high on Monday, driven by optimism over a potential U.S.-China trade agreement after officials from the world's two largest economies outlined the framework for negotiations ahead of their leaders' discussions.
Mon, Oct 27
Toyota September output grows for fourth stright month, aided by strong US demand
Toyota Motor 7203.T on Monday said its worldwide production increased by more than 10% in September and rose for a fourth straight month, as both sales and output increased in the U.S., the Japanese automaker's top market.
Mon, Oct 27
Soybeans jump as Bessent points to possible Trump-Xi talk optimism; corn, wheat gain
Chicago soybean futures touched a more than two-month high on Monday, as renewed optimism over Chinese buying lifted sentiment after U.S. Treasury Secretary Scott Bessent said the two nations' leaders could discuss "substantial" soybean deals.
Mon, Oct 27
Still in a 'good place'? Five questions for the ECB
The European Central Bank is all but certain to keep rates on hold again on Thursday as traders waver on whether it will resume easing next year.
Mon, Oct 27
Gold dips on stronger dollar, US-China trade deal hopes
Gold prices fell on Monday, as a stronger dollar and signs of easing U.S.-China trade tensions weighed on the safe-haven metal, while investors awaited major central bank meetings due later this week for monetary policy cues.
Mon, Oct 27
US government shutdown threatens the spending power of Congress
WASHINGTON, Oct 26 (Reuters) - As Republican and Democratic lawmakers trade blame for the U.S. government shutdown, some have begun to worry that the impasse is ceding their authority over federal spending to an increasingly assertive President Donald Trump.
Mon, Oct 27
Wall St Week Ahead-Megacap-led earnings deluge, Fed meeting headline busy US markets week
NEW YORK, Oct 24 (Reuters) - The U.S. stock rally confronts a potentially consequential week to keep its momentum heading into year-end, including a flood of corporate results headlined by megacap companies and a likely interest rate cut by the Federal Reserve after its two-day policy meeting.
Mon, Oct 27
