By Hritam Mukherjee (Reuters) -Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys’s disappointing forecast was nearly offset by an Axis Bank-led rise in financials following the lender’s strong results. The Nifty 50 index dipped 0.2% to 24,702 points as of 11:23 a.m. IST, while the S&P BSE Sensex …
Indian shares caught between Infosys-led IT slide and Axis Bank’s boost Read More »
By Lisa Richwine, Dawn Chmielewski, Harshita Mary Varghese LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama “Squid Game” returns. Shares of Netflix rose 4.8% in after-hours trading …
Netflix tops subscriber targets as ad-tier signups grow Read More »
By Kevin Buckland TOKYO (Reuters) -China stocks rose on Friday as the central bank officially launched a swap facility aimed at boosting the equity market, although shares elsewhere in Asia were mixed in the wake of data confirming a slowdown in the world’s second-largest economy. The dollar hovered close to an 11-week high versus major …
China shares gain on latest policy steps; Fed view supports dollar Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further. A Reuters poll, however, showed inflation in Tokyo – …
Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact Read More »
By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders raised their bets on quick-fire European Central Bank rate cuts on Thursday, taking the bank’s first consecutive rate cut in 13 years as a green light from policymakers that a speedier easing cycle has begun. A worsening economic outlook and signs that inflation is increasingly under …
Traders bet the ECB’s rate-cut floodgates are open Read More »
By Tom Westbrook SINGAPORE (Reuters) – The dollar was headed for its third weekly gain in a row on Friday, helped by a dovish European Central Bank and strong U.S. data that is pushing out expectations for how fast U.S. rates can fall, particularly if Donald Trump wins the presidency. In Asia, a slew of …
Dollar rides ‘Trump trade’ toward third weekly gain, markets brush off China GDP Read More »
BEIJING (Reuters) – China’s central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy easing steps. The benchmark seven-day reverse repurchase rate has been lowered by 20 basis …
China cenbank chief flags more interest rate cuts Read More »
By Samia Nakhoul (Reuters) -Hamas leader Yahya Sinwar remained unrepentant about the Oct. 7 attacks despite unleashing an Israeli invasion that has killed tens of thousands of Palestinians, laid waste to his Gaza homeland and rained destruction on ally Hezbollah, people in contact with him have said. The Israeli military said on Thursday that Sinwar, …
Yahya Sinwar: The Hamas leader committed to eradicating Israel is dead Read More »
By Eliana Raszewski BUENOS AIRES (Reuters) -Pop star Liam Payne, who shot to global fame with boy band One Direction, died at the age of 31 after falling from a third-floor hotel room balcony in Buenos Aires, Argentina, triggering an outpouring of tributes from fans around the world. Before the fall, a hotel employee at …
Before Liam Payne died, a 911 call warning about his safety Read More »
By Candelaria Grimberg and Will Russell BUENOS AIRES/WOLVERHAMPTON, England (Reuters) – Argentine fans of former One Direction singer Liam Payne, who died in a dramatic fall from his hotel balcony in Buenos Aires, gathered on Thursday afternoon around the city’s central obelisk monument to remember the troubled boy band icon. Payne, 31, who shot to …
From Buenos Aires to Britain fans mourn One Direction’s Liam Payne Read More »
