News
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Japan's service growth picks up in July on upbeat demand, PMI shows
TOKYO, Aug 5 (Reuters) - Japan's service sector activity rose at the fastest pace in five months in July, thanks to brisk domestic demand that offset a sharp drop in export orders and weaker tourist numbers, a private sector survey reported on Tuesday.The S&P Global final Japan Services purc...Reuters
Tue, Aug 5
Simon Property Group reports rise in quarterly real estate FFO on strong leasing demand
Aug 4 (Reuters) - Simon Property Group SPG.N reported a rise in second-quarter real estate funds from operations (FFO) on Monday, supported by robust leasing demand for the commercial real estate investment trust's shopping centers.A tight supply of rental properties has allowed mall operators s...Reuters
Mon, Aug 4
Boise Cascade Q2 revenue misses estimates
OverviewBoise Cascade Q2 revenue declines 3% yr/yr, missing analyst expectations, per LSEG dataNet income in the qtr falls 45% to $62 mlnCompany completes Oakdale mill modernization, enhancing operational efficiencyOutlookBoise Cascade sees near-term demand influenced by mortgage rates and consumer ...Reuters
Mon, Aug 4
Brazil dismisses calls to relocate COP30 amid Amazon city price surge
Brazil faces pressure over Belem's soaring accommodation prices for COP30Developing countries struggle with Belem's high accommodation costsBrazil invests in Belem infrastructure despite logistical concernsBy Lisandra Paraguassu and Kate Abnett BRASILIA, Aug 4 (Reuters) - Brazil is resist...Reuters
Mon, Aug 4
Fed's Daly leans closer toward rate cuts, but still remains cautious
Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly hit newswires late Monday, noting that although there's plenty of reasons to start looking at interest rate cuts, there remains plenty of uncertainty making it difficult for Fed officials to step into rate trimming too quickly.Fxstreet
Mon, Aug 4
EXCLUSIVE-Fed's Daly says time is nearing for rate cuts, may need more than two
Daly comfortable with July decision, but says policy is increasingly not alignedJob market is softening, further weakening would be unwelcomeNo signs of persistent tariff-driven inflationBy Ann SaphirAug 4 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Monday said that given m...Reuters
Mon, Aug 4
TREASURIES-US yields dip in wake of Friday's plummet
Weak payrolls report impacts Treasury yieldsUpcoming Treasury auctions to increase supplyFactory orders data matches expectationsBy Chuck Mikolajczak NEW YORK, Aug 4 (Reuters) - U.S. Treasury yields were slightly lower in choppy trading on Monday, alternating between modest gains and declines, af...Reuters
Mon, Aug 4
Doubleline Capital's Jeffrey Gundlach Says Think Fed Chair Powell Should Serve Out His Term - CNBC Interview
Aug 4 (Reuters) - DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS STILL THINK BASE CASE IS TWO RATE CUTS THIS YEAR- CNBC INTERVIEWDOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS THINK FED CHAIR POWELL SHOULD SERVE OUT HIS TERM - CNBC INTERVIEWSource text: [ID:]Further company coverage: [ ]Reuters
Mon, Aug 4
Brazil chooses local relief over retaliation for US tariffs, sources say
Brazilian officials expect lengthy negotiations with the USRetaliation is seen as a last resortGovernment to file formal complaint at the WTOBy Marcela Ayres, Bernardo Caram and Lisandra Paraguassu BRASILIA, Aug 4 (Reuters) - Brazil's government has set aside for now plans for direct retaliat...Reuters
Mon, Aug 4
