Tag: cent
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Stocks fall; bond market flips to ‘higher for longer’ mode
LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks and action in the Treasury market pointed to investors preparing for interest rates to rise and remain higher for a protracted period of time.Over the weekend, US President Donald Trump rejected an Iranian prop
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US holiday online sales to grow 6.7% as discounts attract shoppers, Adobe Analytics forecasts
Sept 28 : US online sales will likely grow 6.7 per cent this holiday season, nearly the same pace as last year, as promotions attract deal-seeking shoppers, Adobe Analytics forecast on Monday.Higher household costs are turning shoppers more selective and value-seeking. Retailers, including Walmart, Kohl’s and
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Stocks fall as Middle East stalemate boosts oil
SYDNEY/LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks, ahead of a week already packed with macroeconomic risk, while the dollar headed for its best monthly performance since June. Over the weekend, US President Donald Trump rejected an Iranian proposal to
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Ladbrokes owner Entain warns Brazil’s online betting ban could hit 2026 online gaming growth
Sept 28 : Ladbrokes owner Entain warned on Monday that its 2026 online net gaming revenue growth (NGR) would take a hit if Brazil’s ban on online sports betting and gaming is upheld for the rest of the year.Brazilian President Luiz Inacio Lula da Silva announced a ban on online betting operations last week, l
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Stocks slip in Asia as oil and yields climb
SYDNEY, Sept 28 : Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian proposal
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Thailand’s August car production rises 10.9% on year
BANGKOK, Sept 28 : Car production in Thailand rose 10.93 per cent in August from a year earlier to 124,646 units, the Federation of Thai Industries said on Monday.• The reading follows a rise of 6.12 per cent in July.• August domestic car sales were up 25.59 per cent from a year earlier, followin
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Stocks slip in Asia as oil climbs, bonds retreat
SYDNEY, Sept 28 : Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian proposal
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Stocks cautious in Asia as oil gains, yields rise
SYDNEY, Sept 28 : Share markets made a cautious start on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian propo
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Bank of Japan debated need for faster rate hikes, July minutes show
TOKYO, Sept 28 : Many Bank of Japan policymakers saw the need to focus on mounting inflation risks, with some calling for faster interest rate increases, minutes of their July meeting showed, cementing the case for further hikes to still-low borrowing costs.After raising interest rates in June, the central ba
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Thai finance minister sees 2.5% growth next year on investment-led policies
BANGKOK, Sept 25 : Thailand’s economy is expected to retain its momentum and grow by 2.5 per cent next year and could reach 3 per cent expansion within the next three years, the finance minister said on Friday, as the government pushes for new investments into key sectors. Ekniti Nitithanprapas told Reuter
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