LONDON (Reuters) -A momentous first half of 2025 comes to an end with trade, Federal Reserve independence and geopolitics staying high on the market watch list for the second half. There is plenty to digest: U.S. jobs data, a European Central Bank conference and Chinese business activity numbers. Here’s all you need to know about …
By Joe Cash BEIJING (Reuters) -China’s manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders, purchasing volumes and supplier delivery times signalled that policy support rolled out since late last year is taking effect. But business sentiment remains subdued, Monday’s survey showed, with employment, …
China’s weak factory activity maintains pressure for more stimulus as tariff risks weigh Read More »
MANILA (Reuters) -The Philippine central bank is forecasting the country’s current account deficit to narrow to 3.3% of gross domestic product this year and to 2.5% next year, compared to a previous estimate of 3.9% for both years, it said in a statement on Monday. The balance of payments is projected to be at a …
Philippines’ current account deficit to narrow in 2025, 2026, central bank says Read More »
By Fergal Smith (Reuters) -Canada’s main stock index pulled back on Friday from a record high, weighed by declines for mining shares, as data showed the domestic economy contracting and after U.S. President Donald Trump shattered optimism that the United States would reach a tariff deal with Canada. The S&P/TSX composite index ended down 59.63 …
ORLANDO, Florida (Reuters) — TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist I’d love to hear from you, so please reach out to me with comments at . You can also follow me at @ReutersJamie and @reutersjamie.bsky.social. Just a heads up, Trading Day will be in the capable …
By Johann M Cherian and Medha Singh (Reuters) -The S&P 500 and the Nasdaq Composite hit all-time highs on Friday as renewed AI enthusiasm and the prospect of a looser monetary policy powered a recovery in U.S. stocks from months-long rout. The benchmark index rose 0.59% to 6,178.80 points, surpassing the previous peak of 6,147.43 …
S&P 500, Nasdaq hit record highs on renewed AI bets, rate-cut hope Read More »
By Marco Aquino LIMA (Reuters) -Peru’s state-run oil company Petroperu is in talks with five firms, including Canada’s PetroTal and U.S.-based Upland Oil and Gas, as it seeks a partner to reactivate a key Amazon oil block, a company executive said late Thursday. Tomas Diaz, manager of Petroperu’s exploration and exploitation unit, told Reuters the …
Petroperu accelerates talks for Amazon oil block partner Read More »
By Roberto Samora SAO PAULO (Reuters) -Brazil’s Vale, one of the world’s largest iron ore producers, has decided how to spend half of the planned 70 billion reais ($12.78 billion) in investments under its “New Carajas Program,” according to a company director, who discussed details of the five-year plan with journalists this week. Gildiney Sales, …
Brazil’s Vale defines part of Carajas investment plan execution Read More »
By Luis Jaime Acosta BOGOTA (Reuters) -Colombia’s central bank held the benchmark interest rate at 9.25% on Friday, as predicted by the market, on the back of mounting fiscal uncertainty and an uptick in inflation expectations. The decision was backed by four policymakers on the seven-member board, while one voted for a 25-basis point reduction …
Colombia central bank holds rate at 9.25% amid fiscal uncertainty, inflation Read More »
(Reuters) -Bolivia’s central bank on Friday reiterated a dramatic uptick in transactions of digital assets, following a Reuters report that showed how more Bolivians were turning to crypto exchanges like Binance and stablecoins like Tether as a hedge against the depreciation of the local boliviano currency. According to new figures published on Friday by the …
Bolivia crypto transactions up over 530% amid currency woes Read More »
