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Klook taps banks for US IPO, sources say
NEW YORK, Aug 17 (Reuters) - Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering in the U.S., according to two people with knowledge of the matter.
Mon, Aug 18
Japan says US is not pressuring BOJ for rate hikes, markets not so sure
TOKYO, Aug 15 (Reuters) - Japan's government on Friday brushed aside rare and explicit comments from U.S. Treasury Secretary Scott Bessent who said the Bank of Japan was "behind the curve" on policy, which appeared to be aimed at pressuring the country's central bank into raising interest rates.
Mon, Aug 18
Tesla almost halves UK monthly lease fee as sales slump, The Times reports
Aug 18 (Reuters) - British motorists can now lease a Tesla TSLA.O electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources.
Mon, Aug 18
Trump-Putin summit yields no deal on ending war in Ukraine
Trump, Putin cite progress but offer no detailsFirst summit between the two presidents since Russia's full-scale invasion in 2022Trump greets Putin on red carpet at US air base in AlaskaZelenskiy, not invited, says Ukraine is 'counting on America'By Steve Holland, Andrew Osborn and Darya...
Sat, Aug 16
Euro zone bond yields rise as traders digest hot US inflation, await Alaska summit
LONDON, Aug 15 (Reuters) - Euro zone bond yields rose on Friday as markets continued to digest Thursday's hot U.S. inflation print while awaiting the Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin later on Friday.
Fri, Aug 15
UnitedHealth jumps after Berkshire Hathaway buys new stake
Aug 15 (Reuters) - Shares of UnitedHealth Group UNH.N surged more than 12% in premarket trading on Friday after Warren Buffett's Berkshire Hathaway BRKa.N revealed a new investment in the health insurer.
Fri, Aug 15
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US equity funds draw weekly inflows on rate cut hopes
Aug 15 (Reuters) - U.S. equity funds gained substantial inflows in the week through August 13 as investors reversed a selling stance on hopes of a potential Federal Reserve rate cut in September, while a U.S.-China tariff truce further lifted sentiment.
Fri, Aug 15
[Reuters Analysis] The US economy's key weak spots in five charts: McGeever
By Jamie McGeeverORLANDO, Florida, Aug 14 (Reuters) - The U.S. economy seems to be chugging along fairly smoothly, if a little too slowly for some observers' liking. Under the bonnet, however, the picture is more worrisome, and the risk of engine malfunction is rising. Technology's role in t...
Fri, Aug 15
Benchmark JGB yields at two-week high on US Treasury slide, BOJ rate-hike pressure
By Rocky Swift TOKYO, Aug 15 (Reuters) - Japanese government bonds slid on Friday, pushing benchmark yields to a two-week high, after overnight losses in U.S. Treasuries and as traders evaluated pressure on the central bank to raise interest rates. Demand for safer assets also diminished as domes
Fri, Aug 15
China's factory output, retail sales growth slump in blow to economy
China's factory output growth hits eight-month lowRetail sales also slump, highlighting demand woes at homeChina's 2025 GDP growth is forecast to cool to 4.6% By Kevin Yao, Joe Cash and Yukun Zhang BEIJING, Aug 15 (Reuters) - China's factory output growth slumped to an eight-month low...
Fri, Aug 15
Japan posts unexpectedly strong GDP, helped by resilient exports
Q2 GDP rises annualised 1.0% vs f'cast 0.4% increaseConsumption up 0.2%, capex up 1.3%Economists cautious about outlook as tariff impacts intensify By Makiko Yamazaki and Kantaro Komiya TOKYO, Aug 15 (Reuters) - Japan's economy grew much faster than expected in the second quarter as expo...
Fri, Aug 15
Oil maintains gains ahead of Trump-Putin summit
Aug 15 (Reuters) - Oil prices nudged higher on Friday to fresh one-week highs after U.S. President Donald Trump warned of "consequences" if Russia blocked a Ukraine peace deal, injecting concerns about supply.
Fri, Aug 15
Japan's Nikkei rises as yen weakens, economy shows resilience
TOKYO, Aug 15 (Reuters) - Japan's Nikkei advanced on Friday, capping a week in which the benchmark index climbed to a record high, as the yen weakened and data showed the nation's economy was surprisingly resilient.
Fri, Aug 15
Wall Street ends flat, but S&P hits another closing high as rate-cut bets waver
NEW YORK, Aug 14 (Reuters) - Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.
Fri, Aug 15
Berkshire invests in UnitedHealth, trims Apple stake
Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N disclosed on Thursday a new investment in UnitedHealth Group UNH.N after the insurer became a target for many Americans upset over the direction of the nation's healthcare.
Fri, Aug 15
US FTC investigating Hims & Hers over advertising and cancellation practices, Bloomberg News reports
Aug 14 (Reuters) - The U.S. Federal Trade Commission is probing complaints about telehealth platform Hims & Hers HIMS.N regarding its advertising and cancellation practices, according to a Bloomberg News report citing people familiar with the matter.
Fri, Aug 15
AI startup Cohere valued at $6.8 billion in latest fundraising, hires Meta exec
Aug 14 (Reuters) - Canadian AI startup Cohere was valued at $6.8 billion following its latest $500 million funding round, as it seeks to expand its market share in a highly competitive industry of selling AI to enterprises.
Fri, Aug 15
Applied Materials' forecast hit by China pause, export‑license woes; shares down 13%
Aug 14 (Reuters) - Applied Materials AMAT.O forecast fourth-quarter revenue and profit below estimates on Thursday, citing weak demand in China and erratic orders from customers facing uncertainty due to tariffs, sending its shares down nearly 13% in extended trading.
Fri, Aug 15
WRAPUP 6-Trump says Putin ready to make deal on Ukraine, US hopes to include Zelenskiy
Trump says Putin is ready to make a deal on UkrainePutin praises US efforts to end war in UkraineRussian leader proposes nuclear arms deal with USUkrainian allies say Trump is willing to back its securityBy Nandita Bose, Dmitry Antonov and Olena Harmash WASHINGTON/MOSCOW/KYIV, Aug 14 (Reuters) - ...
Thu, Aug 14
US producer prices accelerate in July as costs of services and goods surge
BLS ends calculation of 350 indexes due to underfundingEconomists expect tariffs to drive up inflation soon WASHINGTON, Aug 14 (Reuters) - U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the mon
Thu, Aug 14
