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Investors turn short on most Asian FX as dollar strength prevails- Reuters poll

By Roushni Nair (Reuters) - Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year high, as expectations the Federal Reserve would cut rates less

Reuters

Thu, Oct 17

Nokia joins Ericsson in seeing signs of recovery after mixed results

By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson in seeing

Reuters

Thu, Oct 17

Japan's ruling LDP at risk of losing majority in election, polls show

TOKYO (Reuters) -Japan's ruling party may lose its majority in the lower house, according to media polling ahead of the Oct. 27 election, meaning it would likely have to rely on coalition partner

Reuters

Thu, Oct 17

Hyundai Motor India set to price shares at top of range to raise $3.3 billion, sources say

By Kane Wu and Scott Murdoch (Reuters) -Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct

Reuters

Thu, Oct 17

India equity option traders hunt for new playgrounds as tighter rules loom

By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) - Millions of Indian retail traders are exploring alternative ways to earn profits ahead of stricter regulations on trading equity derivatives next

Reuters

Thu, Oct 17

Biden offers both a carrot and a stick to Israel as his term nears an end

By Phil Stewart and Jonathan Landay WASHINGTON (Reuters) - In his final months in office, President Joe Biden is signaling new willingness to use U.S. military assistance to Israel as both a carrot

Reuters

Thu, Oct 17

Mexican Senate votes to give constitutional preference to state power company

MEXICO CITY (Reuters) - Mexico's Senate voted to amend the country's constitution late on Wednesday to give dispatch preferences to state electricity company CFE, cementing the national power

Reuters

Thu, Oct 17

Nestle misses sales forecast, to streamline organisation

By Richa Naidu LONDON (Reuters) -Nestle is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook following weaker than

Reuters

Thu, Oct 17

J-Hope, of South Korea's BTS, finishes military service

WONJU, South Korea (Reuters) -K-pop star J-Hope, a member of the supergroup BTS, was discharged from South Korea's military on Thursday after 18 months of duty, sparking enthusiasm among fans and

Reuters

Thu, Oct 17

Boeing hones $15 billion financing plan to weather crises, sources say

By Shankar Ramakrishnan, Echo Wang and Tim Hepher (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jetmaker bolsters

Reuters

Thu, Oct 17

Harris grilled on Fox News on immigration, Biden's fitness for office

By Nandita Bose and Stephanie Kelly WASHINGTON CROSSING, Pennsylvania (Reuters) -Democratic presidential candidate Kamala Harris defended the Biden administration's handling of illegal immigration in

Reuters

Thu, Oct 17

China hedge funds caught out by abrupt market surge

SHANGHAI (Reuters) - China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets

Reuters

Thu, Oct 17

Asia stocks stall on China housing plan, 'Trump trade' lifts dollar

By Tom Westbrook SINGAPORE (Reuters) -Asian shares were pinned to three-week lows on Thursday, as a housing policy briefing in China underwhelmed investors and property stocks slumped, while the euro

Reuters

Thu, Oct 17

As Fiat stalls, Italy's Turin struggles to stave off decline

By Alvise Armellini TURIN, Italy (Reuters) - The Italian city of Turin, home to Europe's oldest car factory, typifies the industrial decay that parts of the continent face as its automakers struggle

Reuters

Thu, Oct 17

Sydney beaches closed due to toxic 'tar balls'

By Alasdair Pal and Jill Gralow SYDNEY (Reuters) -Beaches in Sydney including the iconic Bondi were closed to bathers on Thursday after hundreds of black balls suspected to be toxic washed up on the

Reuters

Thu, Oct 17

Indonesia's Prabowo gets support from biggest party, but no coalition deal yet

By Stanley Widianto JAKARTA (Reuters) - Indonesia's largest political party said it would support incoming president Prabowo Subianto, but it was unclear on Thursday whether it would formally join his

Reuters

Thu, Oct 17

TSMC's third-quarter profit handily beats forecasts on AI boom

TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, reported on Thursday a forecast-beating 54% jump in

Reuters

Thu, Oct 17

Nestle announces restructuring, misses nine-month organic sales forecast

LONDON (Reuters) -Nestle announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth,

Reuters

Thu, Oct 17

Intel China responds to accusations of security issues from Chinese cyber association

BEIJING (Reuters) - Intel's China unit said on Thursday it has always prioritised product safety and quality, after an influential Chinese cybersecurity association called for a security review of the

Reuters

Thu, Oct 17

European renewable power prices fell in Q3, PPA platform says

FRANKFURT (Reuters) - European power purchase agreements (PPA) for green electricity decreased in price by 12.4% in the third quarter compared with the same time in 2023, price tracking platform

Reuters

Thu, Oct 17

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