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India's palm oil imports hit 5-year low as soyoil purchases surge to record
By Rajendra Jadhav MUMBAI, Nov 13 (Reuters) - India's palm oil imports slid to their lowest level in five years during the 2024/25 marketing year, while purchases of soyoil soared to a record high as a widening price premium made palm oil less attractive to buyers, a leading industry body sai...Reuters
Thu, Nov 13
Delivery Hero expects pick-up in growth in the fourth quarter
Nov 13(Reuters) - German online takeaway food company Delivery Hero DHER.DE said on Thursday that it expected growth to accelerate in the current quarter, driven by a recovery in its Asian market.Quarterly gross merchandise value (GMV), a common metric for delivery firms measuring the total value of...Reuters
Thu, Nov 13
Holiday test looms as luxury brands chase elusive rebound
Luxury stocks up sharply over past three months Buoyed by signs of recovery and new creative designersBut China remains fragile and US outlook uncertain By Mimosa SpencerPARIS, Nov 13 (Reuters) - A surge in luxury stocks has piled pressure on fashion houses including LVMH LVMH.PA and Gucci owner Ke...Reuters
Thu, Nov 13
Swiss negotiators head for next round of tariff talks in Washington
ZURICH, Nov 13 (Reuters) - Swiss Economy Minister Guy Parmelin is set to meet U.S. Trade Representative Jamieson Greer for trade talks on Thursday, broadcaster SRF said, as negotiations to lower President Donald Trump's crippling tariffs enter a crucial phase.Switzerland is trying to negotiate a...Reuters
Thu, Nov 13
Japan's wholesale prices rise more than expected on sticky food inflation
By Leika KiharaTOKYO, Nov 13 (Reuters) - Japan's wholesale prices rose more than expected in October as the cost of rice and other food remained stubbornly high, data showed on Thursday, keeping pressure on the central bank to resume interest-rate increases.Analysts said wholesale inflation was ...Reuters
Thu, Nov 13
Taiwan economy could grow close to 6% this year, statistics chief says
TAIPEI, Nov 13 (Reuters) - Taiwan's economy could grow close to 6% this year given the unexpected strong performance in the third quarter, the head of the statistics agency said on Thursday, as the island reaps the benefits from the artificial intelligence (AI) boom.Taiwan's export-oriented ...Reuters
Thu, Nov 13
US bonds firmer as Treasury's Bessent remarks, labor market woes drive demand
NEW YORK, Nov 12 (Reuters) - U.S. Treasuries rose on Wednesday, pushing yields lower, as market participants interpreted Treasury Secretary Scott Bessent's comments as supportive of the long end of the curve even as persistent labor market concerns underpinned the rally.Reuters
Thu, Nov 13
Fed's Collins says 'likely appropriate' to keep policy rate on hold
Nov 12 (Reuters) - Boston Federal Reserve President Susan Collins, who voted for the Fed's policy-rate reduction last month, said on Wednesday she sees a "relatively high bar" for additional easing in the near term, citing worries about elevated inflation.Reuters
Thu, Nov 13
