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Walmart seen posting nearly 4% Q3 EPS growth in test of consumer resiliency
Shares of Walmart WMT.N off about 1% ahead of the company's results due before the bell on Thursday, as investors eye consumer healthRetail giant expected to post adj EPS of $0.60, or 3.6% higher than Q3 2024, on revenue of $177.43 bln vs $169.59 bln a year ago, according to LSEG dataCo missed E...Reuters
Thu, Nov 20
Greece's Piraeus port not for sale, China tells US
By Renee Maltezou ATHENS, Nov 20 (Reuters) - China's controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for sale, the Chinese embassy in Greece said, denouncing comments by newly appointed U.S. ambassador to Greece Kimberly Ann Guilfoyle. China's state-ru...Reuters
Thu, Nov 20
US House vote to repeal Senate January 6 provision bares fresh Republican rift
House repeal highlights Republican disunity over Senate provisionProvision allows senators to sue over phone record searchesSenate Majority Leader Thune defends provision as constitutional protectionBy David Morgan WASHINGTON, Nov 19 (Reuters) - The Republican-controlled U.S. House of RepresentatReuters
Thu, Nov 20
China October rare earth magnet exports fall for a second month, but US shipments surge
By Amy Lv and Lewis Jackson BEIJING, Nov 20 (Reuters) - China's rare earth magnet exports in October fell 5.2% from a month earlier, customs data showed on Thursday, down for a second month, but shipments to the United States surged to a nine-month high. Beijing announced earlier th...Reuters
Thu, Nov 20
Asia stocks cast off AI bubble jitters as Nvidia fuels tech comeback
South Korea, Taiwan stocks up over 3%Indonesia stocks hit record highThailand stocks up 1.5%By Roshan Thomas Nov 20 (Reuters) - Taiwan stocks bounced back and South Korean shares reclaimed the key 4,000 level on Thursday, after chip titan Nvidia's encouraging results eased worries about a lik...Reuters
Thu, Nov 20
The Final Dip? Bitcoin’s Days Under $90K May Be Over
Bitcoin slid below the $92,000 mark on Wednesday, trading at $91,500 at press time after a one-day drop of 5% that left the token down 17% in the last 30 days. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further Market players were rattled after a s...NewsBTC
Thu, Nov 20
Chicago soybeans slip as traders doubt China will sustain its buying
CANBERRA, Nov 20 (Reuters) - Chicago soybean futures fell further on Thursday from a 17-month high reached earlier this week, as traders doubted that China would buy enough U.S. beans to maintain a recent rally. Corn and wheat futures rose slightly. The most-active soybean contract on the Chicago...Reuters
Thu, Nov 20
EXCLUSIVE-Trump's semiconductor tariff plan likely delayed, officials say
Officials see potential delay in semiconductor tariffsWhite House says Trump is committed to boosting domestic manufacturingTrump has walked back some tariffs and wants to maintain China truceChina calls for 'mutually beneficial cooperation' on chipsBy Laurie Chen, Trevor Hunnicutt and Jeffr...Reuters
Thu, Nov 20
Ukraine expected to give up land, some arms under US peace plan, sources say
Two sources say the US wants Kyiv to accept its peace planPlan envisages Ukraine giving up land, some arms, say sourcesZelenskiy is visiting Turkey on new peace driveHe will meet US Army officials on ThursdayKyiv has had 'signals' about US plan to end war-source By Tom Balmforth and Anastasi...Reuters
Thu, Nov 20
US authorizes export of advanced American semiconductors to companies in Saudi, UAE
WASHINGTON, Nov 19 (Reuters) - The U.S. Commerce Department said on Wednesday it has authorized the export of advanced artificial intelligence chips, the equivalent of up to 35,000 Nvidia NVDA.O Blackwell chips, to two companies in Saudi Arabia and the United Arab Emirates.The companies, G42, which ...Reuters
Thu, Nov 20
CBOT soybeans extend retreat after Chinese buying sparked gains
CHICAGO, Nov 19 (Reuters) - Chicago Board of Trade soybean futures closed lower on Wednesday as traders sought to gauge the strength of Chinese buying, following the trade truce between Washington and Beijing last month.CBOT January soybeans SF26 ended 17-1/4 cents lower at $11.36-1/4 per bushel. CBReuters
Thu, Nov 20
US canceling October's employment report after shutdown prevented data collection
WASHINGTON, Nov 19 (Reuters) - The U.S. Bureau of Labor Statistics said on Wednesday it would not be publishing the closely watched employment report for October, but will combine nonfarm payrolls for that month with November's report after the recently ended government shutdown prevented the co...Reuters
Thu, Nov 20
Fed minutes show broad support for ending quantitative tightening
Nov 19 (Reuters) - The Federal Reserve’s decision last month to announce a looming halt to the drawdown of its balance sheet earlier than many had expected drew broad support from central bankers, meeting minutes from the late October policy meeting released on Wednesday said.Reuters
Thu, Nov 20
Benchmark JGB yields rise to 17-year high on yen, fiscal concerns
TOKYO, Nov 20 (Reuters) - Japanese government bonds (JGBs) continued their slide on Thursday, sending benchmark yields to a 17-year high, as concerns mounted over the nation's finances and the yen's depreciation.The 10-year JGB yield JP10YTN=JBTC climbed 3 ...Reuters
Thu, Nov 20
