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Morning Bid: Event risks galore this week

A look at the day ahead in European and global markets from Vidya Ranganathan A weekend election in Japan that has knocked the yen down to three-month lows, a heavy U.S. corporate earnings calendar,

Reuters

Mon, Oct 28

Indonesian sovereign wealth fund INA's platform invests in Trans Sumatra Toll Roads

JAKARTA/SINGAPORE (Reuters) - Indonesia's sovereign wealth fund, Indonesia Investment Authority, or INA, said on Monday its toll road platform has invested in the Medan-Binjai and Bakauheni-Terbanggi

Reuters

Mon, Oct 28

Global economy chiefs fret over a Trump return as US election draws closer

By David Lawder and Karin Strohecker WASHINGTON (Reuters) - Low growth, high debt and escalating wars topped the official agenda at the International Monetary Fund and World Bank annual meetings, but

Reuters

Mon, Oct 28

Indonesia labour group urges state bailout for troubled textile giant Sritex

JAKARTA (Reuters) - A major labour group in Indonesia has called on the government to bail out troubled textile giant Sritex, after President Prabowo Subianto ordered his ministers to save the firm

Reuters

Mon, Oct 28

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

By Heekyong Yang and Ju-min Park SEOUL (Reuters) - South Korean battery maker LG Energy Solution said on Monday it had a "conservative" view of revenue growth next year and that it will significantly

Reuters

Mon, Oct 28

Singapore central bank expects GDP at upper end of 2%-3% range in 2024 and 2025

By Xinghui Kok SINGAPORE (Reuters) - Singapore's central bank said on Monday it expects 2024 gross domestic product growth at the upper end of the 2%-3% forecast range, and for next year to have a

Reuters

Mon, Oct 28

China Jan-Sept gold consumption slides 11% as high prices deter buying appetite

By Amy Lv and Joe Cash BEIJING (Reuters) -China's gold consumption in the first three quarters of 2024 slid 11.18% from the same period a year ago to 741.732 metric tons as high prices dented buying

Reuters

Mon, Oct 28

California proposes increasing annual film tax credit to $750 million

(Reuters) - Governor Gavin Newsom has proposed increasing the money available for film and television production incentives in California to $750 million annually from $330 million, his office said on

Reuters

Mon, Oct 28

Police out in force to prevent rowdy Halloween celebrations in Shanghai

SHANGHAI (Reuters) -Shanghai police patrolled the downtown streets over the weekend to crack down on Halloween celebrations in China's most international city. Local authorities appeared to be trying

Reuters

Mon, Oct 28

KKR-backed Malaysian group OMS signs contract for cable-laying vessels with Dutch firm

SINGAPORE (Reuters) - OMS Group, a KKR-backed Malaysian subsea digital infrastructure company, said on Monday it has signed a contract with Dutch maritime firm Royal IHC for the construction of a

Reuters

Mon, Oct 28

Mexico's Sinaloa state reports 14 murders in one day amid wave of violence

MEXICO CITY (Reuters) - Authorities in Mexico's Sinaloa state said on Sunday that at least 14 people were killed the day before amid a wave of violence that erupted after drug trafficker Ismael "El

Reuters

Mon, Oct 28

When Japan's predictable politics go awry

TOKYO (Reuters) -Japan's Liberal Democratic Party (LDP) and its ruling coalition partner lost their majority in a general election on Sunday, throwing the make-up of the next government into flux. The

Reuters

Mon, Oct 28

Yen slumps as Japan's election clouds rate rise prospects

By Tom Westbrook SINGAPORE (Reuters) - The yen sank to a three-month low on Monday as investors figured the loss of a parliamentary majority for Japan's ruling coalition in weekend elections would

Reuters

Mon, Oct 28

Eli Lilly gets nod to launch weight-loss drug in Hong Kong - Bloomberg News

(Reuters) -Eli Lilly expects to start selling its weight-loss drug in Hong Kong as early as the end of this year, Bloomberg News reported on Sunday. The drugmaker has received approval from the Hong

Reuters

Mon, Oct 28

The Japanese parties that may jockey for power after election

By Tim Kelly TOKYO (Reuters) - Japanese Prime Minister Shigeru Ishiba's coalition looks set to lose its parliamentary majority, exit polls from Sunday's general election suggest, meaning a possible

Reuters

Mon, Oct 28

Egypt proposes initial two-day truce in Gaza with limited hostage-prisoner exchange

By Nidal al-Mughrabi CAIRO (Reuters) - Egypt has proposed an initial two-day ceasefire in Gaza to exchange four Israeli hostages of Hamas for some Palestinian prisoners, Egypt's president said on

Reuters

Mon, Oct 28

Venezuela press groups demand whereabouts of missing journalist

CARACAS (Reuters) - A veteran journalist in Venezuela has not been heard from since Friday, Venezuelan press advocates said on Sunday, alleging he had been detained by government authorities in the

Reuters

Mon, Oct 28

Biden to vote in presidential election on Monday

(Reuters) - U.S. President Joe Biden will cast his early-voting ballot in the presidential election on Monday, according to the White House. Many Americans can vote in advance of the Nov. 5 polling

Reuters

Mon, Oct 28

Seven European countries match US in startup-friendly laws, report says

STOCKHOLM (Reuters) - Seven European countries have changed their laws to increase employee ownership in startups to rival the U.S. in attracting talent and investment, while other countries are

Reuters

Mon, Oct 28

Factbox-Which companies back ammonia-fuelled ships to help cut emissions?

SINGAPORE (Reuters) - The shipping industry is looking into ammonia as an alternative fuel for powering ships, amid other ongoing plans to cut carbon emissions and achieve net-zero by 2050. [L4N3LF0FU

Reuters

Sun, Oct 27

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