News
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FOREX-Euro gains after German fiscal deal; dollar underpinned by government shutdown likely averted
Dollar extends gains after inflation expectations pick upYen softens after wage talks as market weighs BOJ rate hike timingSterling weakens after UK GDP unexpectedly contracts in JanuaryBy Chibuike Oguh and Yadarisa Shabong NEW YORK, March 14 (Reuters) - The euro gained broadly on Friday after Ge...Reuters
Fri, Mar 14
CORRECTED-Foxconn's Q4 profit drops 13%
TAIPEI, March 14 (Reuters) - Apple AAPL.O supplier and Nvidia's NVDA.O AI server maker Foxconn 2317.TW reported on Friday a 13% decline in fourth-quarter net profit, due to an investment loss in Japan's Sharp 6753.T and currency exchange losses.The world's largest contract electronics ma...Reuters
Fri, Mar 14
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.4409 to the greenback, or 69.4 U.S. cents, after trading in a range of 1.4406 to 1.4447.Canadian government 10-year bond yields CA10YT=...Reuters
Fri, Mar 14
Sterling eases after UK economy unexpectedly contracts in January
By Yadarisa Shabong March 14 (Reuters) - Sterling lost some ground versus the dollar on Friday after data painted a grim picture of the British economy, and it softened against the euro as prospects of a German debt deal lifted the shared European currency.The British pound fell as much as 0.25% ...Reuters
Fri, Mar 14
INSTANT VIEW-German stocks, euro rally as German parties agree on historic debt deal
LONDON, March 14 (Reuters) - German Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on Friday on a massive increase in state borrowing just days ahead of a parliamentary vote next week, Reuters reported, citing a source close to the negotiations. German shares rose on the n...Reuters
Fri, Mar 14
INSTANT VIEW-German stocks, euro rally as German parties agree on historic debt deal
LONDON, March 14 (Reuters) - German Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on Friday on a massive increase in state borrowing just days ahead of a parliamentary vote next week, Reuters reported, citing a source close to the negotiations. German shares rose on the n...Reuters
Fri, Mar 14
Electronics giant Foxconn forecasts strong Q1 revenue after profit miss
Foxconn sees strong revenue growth in Q1Q4 profit drops 13% and misses forecast on non-operating lossSays it now has more resilient supply chains to cope with trade warSays AI server would account for over 50% of its server revenue this yearBy Wen-Yee Lee and Yimou Lee TAIPEI, March 14 (Reuters) ...Reuters
Fri, Mar 14
FOREX-Dollar steadies as investors pause for breath; yen and sterling soften
US dollar holds firm amid trade tensions with EUYen softens after wage talks as market weighs BOJ rate hike timingSterling weakens after UK GDP unexpectedly contracts in JanuaryBy Yadarisa Shabong and Brigid Riley March 14 (Reuters) - The yen weakened on Friday after union wage talks in Japan con...Reuters
Fri, Mar 14
