By Johann M Cherian, Sanchayaita Roy and Carolina Mandl (Reuters) -The Nasdaq and S&P 500 slid on Tuesday driven by tech stocks, as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week. The Nasdaq fell as megacaps lost, …
Nasdaq tumbles as Jackson Hole jitters hit tech stocks Read More »
By Alun John and Noel Randewich LONDON/SAN FRANCISCO (Reuters) -Wall Street stocks fell, European equities rose and oil edged down on Tuesday as traders assessed the previous day’s White House talks on the war in Ukraine, and looked ahead to a key meeting of central bankers. U.S. President Donald Trump said he hoped Russia’s Vladimir …
Nasdaq tumbles, European shares rise as investors digest Ukraine peace efforts Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, data showed on Tuesday. Economists also cheered the three-month average of the core measures, which eased to below 3% after several months, boosting hopes …
Canada’s annual inflation rate eases to 1.7% in July boosting some hopes of rate cut Read More »
(Corrects paragraph 10 to show the mine contains 3 million ounces of economically viable gold reserves, not 2 million ounces) By Lucila Sigal JACHAL, Argentina (Reuters) -Argentina’s Gualcamayo gold mine is aiming to build a new $665 million project it hopes will qualify for a new government incentive program, executives said in a recent press tour …
Argentina’s Gualcamayo gold mine eyes $665 million investment under incentive program Read More »
By Fergal Smith TORONTO (Reuters) -Canada’s main stock index is set to extend its record-setting run this year and next as lower borrowing costs along with potentially greater clarity on U.S. tariffs offset expected pressure on corporate profits, a Reuters poll found. The median prediction of 20 equity strategists and portfolio managers in the August …
By James Davey LONDON (Reuters) -British grocery inflation nudged down to 5.0% over the four weeks to August 10, data from market researcher Worldpanel by Numerator showed on Tuesday, providing limited relief for consumers. The figure, the most up-to-date snapshot of UK food inflation, compares to 5.2% in last month’s report. Official UK inflation data …
UK grocery inflation edges lower in August, Worldpanel says Read More »
BEIJING (Reuters) -China’s fiscal revenue returned to a 0.1% growth in the first seven months of 2025 from a year earlier after a 0.3% fall in the first half, finance ministry data showed on Tuesday. Fiscal expenditure expanded 3.4% on the year in the January-July period, unchanged from the first half. (Reporting by Beijing Newsroom; …
KUALA LUMPUR (Reuters) -Malaysia’s exports jumped by an unexpectedly strong 6.8% in July from a year earlier, driven by a surge in shipments of electrical and electronic products, government data showed on Tuesday. Exports had been expected to decline by 3.9% in annual terms, according to the median estimate of economists surveyed by Reuters. The rise in …
Malaysia’s July exports jump 6.8% y/y, much stronger than market forecast Read More »
By Fergal Smith (Reuters) -Canada’s main stock index edged higher on Monday as consumer-related shares notched gains and investors awaited Canadian inflation data that could guide expectations for a Bank of Canada interest rate cut. The Toronto Stock Exchange’s S&P/TSX composite index ended up 17.36 points, or 0.1%, at 27,922.85, with the index trading not …
TSX ends higher as consumer-related shares post gains Read More »
By Fergal Smith TORONTO (Reuters) -The Canadian dollar was barely changed against its U.S. counterpart on Monday as oil prices rose and investors awaited domestic inflation data that could guide expectations for the Bank of Canada policy outlook. The loonie was trading nearly unchanged at 1.3814 per U.S. dollar, or 72.39 U.S. cents, after moving …
Canadian dollar steadies ahead of domestic inflation data Read More »
