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ASM cuts 2025 revenue forecast as demand for advanced tools weakens
Cuts revenue target citing weak advanced chip tool demandSays demand uneven among customersAnalysts say weakness could come from Samsung, IntelAnalysts worry lower orders in Q4 could hurt 2026 salesASM to hold investor day event at 1230 GMT By Nathan Vifflin Sept 23 (Reuters) - Computer chip equi...
Tue, Sep 23
JPMorgan sees India IPOs surpass 2024 levels as fund raising gathers steam
JPMorgan expects public listings in India this year to top 2024 India was the world's second-biggest IPO market in 2024, with $20.5 billion raised via 91 offeringsValue creation remains dominant theme, the Wall Street bank's executive says By Ira Dugal MUMBAI, Sept 23 (Reuters) - JPMorgan...
Tue, Sep 23
Nomura bullish on India steel sector on China production cuts, strong domestic demand
Nomura reiterates bullish stance on India's steel sector citing sustained domestic, global tailwinds
Tue, Sep 23
Gold hits record high as traders bet on US rate cuts, eye Powell's signal
Sept 23 (Reuters) - Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more U.S. rate cuts and a weaker dollar, as investors awaited Federal Reserve Chair Jerome Powell's speech for further policy cues.
Tue, Sep 23
[Reuters Analysis] Ukraine expects no miracles as Zelenskiy visits US to address UN, meet Trump
Ukrainian leader Zelenskiy plans to meet Trump on TuesdayZelenskiy also set to address UN on Wednesday morningUkrainians disappointed by lack of U.S. pressure on RussiaUkrainian drones target Russian oil refineriesGrowing sense in Ukraine that it must rely more on itselfBy Tom Balmforth NEW YORK,
Tue, Sep 23
Trump to address UN as he distances US from global cooperation
UNITED NATIONS, Sept 23 (Reuters) - U.S. President Donald Trump will address the U.N. General Assembly on Tuesday as world leaders grapple with crises from Gaza to Ukraine and question whether the United States, with its "America First" foreign policy, is still prepared to play a leadership role in
Tue, Sep 23
Asia stocks ride the AI rush, gold hits another peak
Asian stock markets : https://tmsnrt.rs/2zpUAr4Chip optimism underpins tech stocks, Japan on holidayGold hits a fresh high above $3,750 an ounceDollar, bonds steady before Powell comments, PMIsBy Wayne Cole SYDNEY, Sept 23 (Reuters) - Most Asian share markets built on recent hefty gains on Tuesda...
Tue, Sep 23
JPMorgan to engage with stakeholders on H-1B visa fee, Indian media say
Sept 23 (Reuters) - JPMorgan JPM.N will engage with stakeholders and policymakers after U.S. President Donald Trump unveiled a one-time fee of $100,000 for H-1B visas, the Times of India newspaper said on Tuesday, citing an interview with CEO Jamie Dimon.Some big tech companies warned visa holders t...
Tue, Sep 23
Asia stocks buoyed by AI rush, gold at fresh peaks
SYDNEY, Sept 23 (Reuters) - Asian share markets looked to build on recent hefty gains on Tuesday as optimism around all things AI sucked money into the tech sector, while wagers on several more U.S. interest rate cuts kept gold on a hot streak.
Tue, Sep 23
Japan PM contender Takaichi calls for debt issuance to fund spending if needed
TOKYO, Sept 23 (Reuters) - Japan's Sanae Takaichi, a contender to be the next prime minister, said on Tuesday the government should issue additional government bonds if necessary to fund measures to cushion a blow from rising living costs.
Tue, Sep 23
World leaders rally behind Palestinian statehood at UN, defying US and Israel
Britain, Canada, France among those recognising a stateIsrael, US call it harmful and a publicity stuntIsrael weighing possible West Bank annexation, officials sayBy John Irish and Michelle Nichols UNITED NATIONS, Sept 22 (Reuters) - Dozens of world leaders gathered at the United Nations on Monda...
Tue, Sep 23
Wall St indexes post record closing highs again, with Nvidia, tech shares higher
NEW YORK, Sept 22 (Reuters) - All three major U.S. stock indexes registered record closing highs for a third straight session on Monday, led by gains in technology shares, with Nvidia NVDA.O gaining after it said it will invest up to $100 billion in OpenAI.
Tue, Sep 23
Nvidia adds $100 bln to AI’s load-bearing startup
NEW YORK, Sept 22 (Reuters Breakingviews) - The ouroboros – a dragon eating its own tail, signifying eternal recurrence – is as apt a symbol for the modern mysticism of artificial intelligence as it was for ancient Egypt. Consider Nvidia’s NVDA.O agreement, announced Monday, to invest up to $100...
Tue, Sep 23
Hedge funds pile into banks, insurance, consumer finance, Goldman Sachs says
LONDON, Sept 22 (Reuters) - Hedge funds bought banks, insurance and consumer finance companies last week at the fastest pace in three months, Goldman Sachs said in a research note, amid increased dealmaking expected to boost profits and an expected further loosening of regulations.
Tue, Sep 23
Dollar weakens against euro and Swiss franc as markets digest Fed speeches
NEW YORK, Sept 22 (Reuters) - The U.S. dollar was poised to snap a three-day winning streak against the euro and Swiss franc on Monday, as investors digested a barrage of comments from Federal Reserve officials about its latest monetary policy stance.
Tue, Sep 23
Amazon sues to block New York state labor law
NEW YORK, Sept 22 (Reuters) - Amazon.com AMZN.O sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations.
Tue, Sep 23
Oil dips as Iraq exports rise amid demand concerns
HOUSTON, Sept 22 (Reuters) - Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.
Tue, Sep 23
Brazil's central bank to auction up to $2 billion with repurchase deal
SAO PAULO, Sept 22 (Reuters) - Brazil's central bank said on Monday it will offer up to $2 billion in a dollar auctions with repurchase agreement, aiming to roll over contracts maturing on Oct. 2.The auction will be held on Wednesday at 10:30 a.m. local time, the bank said in a statement.
Tue, Sep 23
Kenvue rises after hitting record low; Trump links autism with Tylenol
Shares of Tylenol maker Kenvue KVUE.N up 5.5% at $17.90 in extended trading after falling 7.5% to a record low of $16.89 earlier in the day
Tue, Sep 23
Google seeks to avoid ad tech breakup as antitrust trial begins
ALEXANDRIA, Virginia, Sept 22 (Reuters) - Alphabet's Google is seeking to avoid a forced sale of part of its online advertising business in its latest face-off with U.S. antitrust enforcers that began on Monday in Alexandria, Virginia.
Tue, Sep 23
