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Thailand negotiating with U.S. on trade rules by year-end, commerce minister says

BANGKOK (Reuters) -Thailand is negotiating trade rules with the United States covering rules of origins and regional value content, and expects to finalise them by the end of the year, Commerce Minister Suphajee Suthumpun said on Thursday. Negotiations with Europe on a free trade agreement are also expected to be completed by the end of the …

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German exports fall unexpectedly in August as US tariffs hit

By Maria Martinez (Reuters) -German exports unexpectedly fell in August on a sharp decline in U.S. demand due to Washington’s tariffs on European imports, official data showed on Thursday. Exports from Europe’s biggest economy fell by 0.5% in August compared with the previous month, data from the federal statistics office showed on Thursday, while a …

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China’s September bank lending seen more than doubling from previous month

By Liz Lee and Kevin Yao BEIJING (Reuters) – New bank loan issuance in China likely more than doubled in September, a Reuters poll showed on Thursday, possibly lifted by seasonal factors even as slowing government financing and weak demand overhung the market. Chinese banks are expected to have issued around 1.472 trillion yuan ($206.6 …

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Japan Inc looks to new government for driving growth, easing price pain: Reuters poll

By Kiyoshi Takenaka TOKYO (Reuters) -Driving economic growth and mitigating the adverse effects of rising prices are high on corporate Japan’s wish list for the country’s new government that will be formed this month, a Reuters survey showed on Thursday. The ruling Liberal Democratic Party (LDP) last week selected fiscal dove Sanae Takaichi as its …

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Gold shatters $4,000 milestone, silver belts record high as investors rush to safety

By Anmol Choubey and Anushree Mukherjee (Reuters) -Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S. interest rate cuts, sent investors flocking to the safe-haven asset. Silver also climbed to a record high …

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Silver rises to all-time high, tracking gold’s record-breaking rally

(Reuters) -Silver soared to a record high on Wednesday, riding the coattails of gold’s unprecedented rally above the $4,000/oz level earlier in the session. Spot silver was up 3.5% at $49.54 per ounce by 1611 GMT. (Reporting by Anushree Mukherjee and Anjana Anil in Bengaluru; Editing by Shilpi Majumdar)

French stocks revive after turmoil; STOXX at record highs

By Shashwat Chauhan, Amir Orusov and Pranav Kashyap (Reuters) -European shares climbed to record highs on Wednesday, powered by strong gains in French and Spanish stocks, and steelmakers rallied after the EU unveiled plans to slash steel import quotas. The pan-European STOXX 600 was up 0.8%, closing at its highest level, while French stocks jumped …

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Emerging market portfolio inflows drop to $26 billion, lowest level since May, IIF says

By Rodrigo Campos NEW YORK (Reuters) -Foreigners added just over $26 billion to their emerging markets debt and equity portfolios in September, the lowest since May, with the largest outflow from Chinese stocks since November,  signaling investor apprehension toward EMs, according to a report from a banking trade group. The net $26.2 billion inflow for …

Emerging market portfolio inflows drop to $26 billion, lowest level since May, IIF says Read More »

German industrial output posts biggest decline in more than three years

By Maria Martinez BERLIN (Reuters) -German industrial output fell much further than expected in August, pushed down by a sharp decrease in car production as frontloaded demand ahead of U.S. tariffs dried up. Industrial production fell by 4.3% compared with the previous month, the federal statistics office said on Wednesday, the biggest fall since March …

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