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ECB to keep options open in face of undershooting risk, Villeroy says

PARIS (Reuters) - The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of undershooting its inflation target is now as big as of overshooting it,

Reuters

Fri, Oct 18

BP weighs sale of minority stake in offshore wind business, sources say

By Andres Gonzalez and Ron Bousso LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort

Reuters

Fri, Oct 18

AB Volvo profit misses forecast and expects flat truck sales next year

By Marie Mannes STOCKHOLM (Reuters) -Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday, after reduced

Reuters

Fri, Oct 18

Cricket-Captain Shan hails 'special' win as Pakistan snap winless home run

MULTAN, Pakistan (Reuters) - Pakistan captain Shan Masood termed their series-levelling victory in the second test against England "special" as the hosts snapped their nearly four-year winless run on

Reuters

Fri, Oct 18

Analysis-Investors buy, then bide time on China

By Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick SINGAPORE/LONDON (Reuters) - Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there

Reuters

Fri, Oct 18

Analysis-Investors buy, then bide time on China

By Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick SINGAPORE/LONDON (Reuters) - Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there

Reuters

Fri, Oct 18

Japan's biggest union group targets 5% wage hikes next year

By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) -Japan's largest labour union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year's hefty increase,

Reuters

Fri, Oct 18

UK consumers defy their budget worries to shop more

By Suban Abdulla LONDON (Reuters) -British retail sales unexpectedly rose in September, according to official data published on Friday that contradicted signs that consumers were downbeat about

Reuters

Fri, Oct 18

China's President Xi to attend BRICS summit in Russia

BEIJING (Reuters) - Chinese President Xi Jinping will attend the 16th BRICS summit in Kazan, Russia, from Oct. 22 to 24, the Chinese foreign ministry said on Friday. During his visit, Xi will attend

Reuters

Fri, Oct 18

Apple's new iPhone sales in China jump 20% in first 3 weeks, Counterpoint says

BEIJING (Reuters) - Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to

Reuters

Fri, Oct 18

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

By Heekyong Yang, Hyunjoo Jin and Toby Sterling SEOUL (Reuters) - Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to

Reuters

Fri, Oct 18

Bank of Japan chief warns of unstable markets, global uncertainties

By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan must focus on the economic impact of unstable markets and risks from overseas, Governor Kazuo Ueda said on Friday, suggesting the

Reuters

Fri, Oct 18

Analysis-Investor tax hikes may hurt UK plc more than the super-rich

By Sinead Cruise and Naomi Rovnick LONDON (Reuters) - Higher capital gains taxes (CGT) could give Britain's risk-averse savers further cause to shun UK stocks, fund managers and advisers say,

Reuters

Fri, Oct 18

Indonesia ramps up security ahead of Prabowo's inauguration

JAKARTA (Reuters) - Indonesian police and military started deploying at least 100,000 personnel across the capital Jakarta on Friday, officials said, as the country prepares for the inauguration of

Reuters

Fri, Oct 18

BAT says close to settling Canadian tobacco litigation

(Reuters) - British American Tobacco said on Friday a plan has been filed in a Canadian court to potentially resolve and settle its Canadian subsidiary's tobacco litigation in the country, more than

Reuters

Fri, Oct 18

China's Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus

By Kevin Yao BEIJING (Reuters) - China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling

Reuters

Fri, Oct 18

For markets, AI efficiency may bring volatility: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -Technology has been the main driving force behind the evolution of financial markets in recent decades, with the explosion of automated and algorithmic

Reuters

Fri, Oct 18

China national recycling group holds first meeting in Tianjin, Xinhua reports

BEIJING (Reuters) - China advanced plans to build a national recycling group with the founding meeting for the China Resources Recycling Group held in northern China's Tianjin, state-owned Xinhua news

Reuters

Fri, Oct 18

North Korea's Kim Jong Un calls South Korea a foreign, hostile country

By Joyce Lee and Jack Kim SEOUL (Reuters) -North Korean leader Kim Jong Un said South Korea is a foreign and hostile nation, state media KCNA reported on Friday, with photos showing Kim conferring

Reuters

Fri, Oct 18

The UK's budget - it's all about the 'working people'

By William Schomberg LONDON (Reuters) - Speculation is swirling about what new British finance minister Rachel Reeves might announce in her first tax and spending plan this month, but one thing she

Reuters

Fri, Oct 18

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