News
Dollar jumps as failed US/Iran peace talks spark fresh safe-haven push
7+ hour, 23+ min ago (422+ words) LONDON, April 12 (Reuters) " The dollar jumped against other major currencies in thin trading late on Sunday, as investors sought the relative safety of the U. S. currency after marathon talks between Washington and Tehran failed "to yield a peace deal, plunging markets…...
US labor market remains stable; trade deficit widens in February
1+ week, 3+ day ago (871+ words) WASHINGTON, April 2 (Reuters) " New applications for U. S. unemployment benefits unexpectedly fell last week amid low layoffs, suggesting labor market conditions remained calm in March, though economists warned that a prolonged war in the Middle East posed a downside risk. The month-long…...
Space One's third rocket failure leaves Japan without commercial launch capability
1+ mon, 1+ week ago (427+ words) TOKYO, March 5 (Reuters) " Japan's Space One said its Kairos rocket terminated its flight after lift-off on Thursday, failing to achieve the country's first entirely commercial satellite launch on its third attempt in a row. The "setback dealt a fresh blow…...
Dollar gets its mojo back " but only by default: Mike Dolan
1+ mon, 1+ week ago (934+ words) LONDON, March 3 (Reuters) " While it's tempting to assume the dollar's long-lost "safety" bid has returned since the weekend Iran attacks, it's not as clear-cut as it seems and owes more to relative energy plays. Yet the implications of the market…...
Australia's core inflation hits 16-month high, raises bets for May rate hike
1+ mon, 2+ week ago (453+ words) SYDNEY, Feb 25 (Reuters) " Australian consumer prices rose by more than expected in January, while core inflation hit the highest in over a year, an uncomfortable outcome for policymakers that raises the risk of another hike in "interest rates. The Australian…...
Analysis-US Supreme Court ruling offers little respite for global economy
1+ mon, 2+ week ago (704+ words) By Mark John and Philip Blenkinsop LONDON, Feb 20 (Reuters) " While the U. S. Supreme Court's ruling on Friday against President Donald Trump's use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts say it…...
South Africa inflation eases in January, expected to remain subdued
1+ mon, 3+ week ago (268+ words) JOHANNESBURG, Feb 18 (Reuters) " South Africa's inflation rate eased slightly in January and economists expect it to remain subdued, keeping the door "open for more interest rate cuts by the "central bank. Headline consumer inflation slowed to 3. 5% year on year in…...
Australia raises rates for first time in two years, markets bet on second hike in May
2+ mon, 1+ week ago (693+ words) By Stella Qiu and Wayne Cole SYDNEY, Feb 3 (Reuters) " Australia's central bank on Tuesday raised its benchmark policy rate for the first time in two years, saying the economy was growing faster than expected and inflation was likely to remain…...
Toyota supplier Denso slashes full-year operating profit forecast on higher costs
2+ mon, 1+ week ago (285+ words) TOKYO, Feb 3 (Reuters) " Japan's Denso, a major auto parts supplier to Toyota, slashed its full-year operating profit forecast by nearly a fifth, reflecting a "drag from U. S. import tariffs and a hit from rising material and fixed costs. The company cut…...
Exclusive-Germany to cut 2026 GDP growth forecast to 1. 0%, source says
2+ mon, 3+ week ago (128+ words) BERLIN, Jan 20 (Reuters) - The German government "is lowering its growth forecast for gross domestic product "in 2026 "to 1. 0% from 1. 3% previously, according to a person familiar "with the projections. The downward "revision "is likely "to be included. .. Exclusive-Germany to cut 2026 GDP growth…...