Tag: per
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Dollar surges in September, leaving euro lagging
Sept 30 : The dollar hovered near its highest level of the year against the euro on Wednesday and was on track for its biggest monthly gain versus the single currency in 14 months, buoyed by stronger US growth and rising interest-rate expectations.The euro has been one of the worst-performing major currencies
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Oil gains as stalled US-Iran talks trump supply recovery
LONDON, Sept 30 : Oil prices rose on Wednesday and were on track for a big monthly gain as US-Iran talks aimed at ending their war stalled and tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.The Brent futures November contract, which expires on Wednesday, was up
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BOJ’s policy pivot opens scope for faster rate hikes
TOKYO, Sept 30 : The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said, enhancing the importance of data due this week in gauging the timing of its next move.Any sign of heightening corporate inflation expe
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Oil gains after Trump denies he is willing to ease Iran sanctions
NEW DELHI, Sept 30 : Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran as Qatar pushed for peace talks, following a fall in the previous session on a recovery in crude supply from the Middle East. The Brent futures November contract, which expir
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Thai August factory output rises 4.44% on year, beating forecast
BANGKOK, Sept 30 : Thailand’s manufacturing production index rose 4.44 per cent in August from a year earlier, the industry ministry said on Wednesday, stronger than analysts’ forecasts.• The August reading compared with a forecast increase of 1.0 per cent in a Reuters poll.• The ministry has adju
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Oil gains after Trump denies he is willing to ease sanctions on Iran
NEW DELHI, Sept 30 : Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East. The Brent futures November contract, which is exp
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Fed’s Williams sees no urgency for next rate hike
Federal Reserve policymakers probably only need to deliver one more rate hike this year to get inflation back on track to the US central bank’s 2 per cent goal, says New York Fed President John Williams.
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Japan August factory output unexpectedly falls
TOKYO, Sept 30 : Japan’s factory output unexpectedly fell in August from the previous month, government data showed on Wednesday.Here are a few details:• Industrial output shrank 1.7 per cent in August from the previous month, according to data released by the Ministry of Economy, compared to the med
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Exclusive-Anthropic IPO prospectus lays bare deep dependence on Big Tech partners
Sept 29 : Anthropic’s IPO prospectus shows how much it depends on a small group of customers and tech giants, highlighting key risks for the AI developer as it asks investors to back its ambitious, capital-intensive plan that it says will transform the global economy.The company routed 47 per cent of its sale
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Oil down, but stocks lower as bond yields rise
NEW YORK: US and European stocks traded mainly lower Tuesday (Sep 29) despite oil prices retreating from a recent surge, as bond yields pushed higher and investors waited for key inflation data.The US 30-year Treasury yield touched 5.62 per cent, a level not seen for 24 years, while the be
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