By Makiko Yamazaki TOKYO (Reuters) -Business confidence in Japan’s auto sector has plunged, helping push a manufacturers’ sentiment index to its first decline in four months, the Reuters Tankan poll showed, as firms grapple with U.S. tariffs, rising costs and weak overseas demand. The monthly poll, which tracks the Bank of Japan’s closely watched quarterly …
By Isla Binnie and Niket Nishant NEW YORK (Reuters) -Carlyle Group released its own measure of U.S. economic data on Tuesday, including a sharply lower estimate for September jobs growth despite rising economic output, to a market left wanting official releases because of the government shutdown. The global investment firm estimated that U.S. employers added …
In lieu of government data, investment firm Carlyle reports subdued US hiring Read More »
By Fergal Smith (Reuters) -Canada’s main stock index fell on Tuesday, including declines for auto parts manufacturers, as investors took stock of recent gains and after a meeting between U.S. President Donald Trump and Canadian Prime Minister Mark Carney. Toronto’s S&P/TSX composite index ended down 180.16 points, or 0.6%, at 30,351.72, after seven straight days …
TSX winning streak ends as auto parts shares slide Read More »
By Padraic Halpin and Graham Fahy DUBLIN (Reuters) -Ireland focused on cutting business taxes, incentivising foreign investment and improving stretched public services and infrastructure when it tapped some of Europe’s healthiest public finances on Tuesday for its latest expansionary budget. While a year-long multinational corporate tax boom that shows no sign of slowing has given …
Expansionary Irish budget targets business over tax cuts for workers Read More »
By Shashwat Chauhan, Amir Orusov and Pranav Kashyap (Reuters) -European stocks slipped on Tuesday, dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional losses in check after Monday’s political upheaval. The pan-European STOXX 600 closed 0.2% lower, coming off its record highs hit in the previous session. Spanish stocks …
Luxury rebound in France cushions European stock losses amid turmoil Read More »
By Maria Martinez BERLIN (Reuters) -German debt is expected to increase to 80.25% of gross domestic product by 2029 from 62.5% last year due to a rise in defence and infrastructure spending, according to the country’s stability council, which coordinates federal and state finances. European Union fiscal rules limit government deficits to 3% of GDP …
Germany’s debt to rise above 80% by 2029, stability council says Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday. The August data had been expected to show a more permanent impact of U.S. President Donald …
Canada’s August trade deficit widens more than forecast as exports drop Read More »
TORONTO (Reuters) -Canadian economic activity expanded at its fastest pace in 15 months in September as a measure of employment rebounded, Ivey Purchasing Managers Index (PMI) data showed on Tuesday. The seasonally adjusted index rose to 59.8 last month from 50.1 in August, marking its highest level since June 2024. The Ivey PMI measures the …
Canada’s Ivey PMI rises to 15-month high in September Read More »
(Reuters) -Shares of Trilogy Metals more than tripled their gains in morning trading on Tuesday, hitting a record high, after the White House said it would acquire a 10% stake in the Vancouver-based miner. The U.S. government has been taking equity stakes in industries it considers essential to national security, including critical minerals and semiconductor …
Trilogy Metals hits record high as US acquires 10% stake Read More »
By Olivia Le Poidevin GENEVA (Reuters) -The World Trade Organization sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from U.S. President Donald Trump’s tariffs. It marks a significant revision down from its previous estimate in August of 1.8% growth. “The outlook for next year …
WTO downgrades global trade growth forecast to 0.5% for next year Read More »
