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Economy

Economy

‘No excuses’: Thai central bank rate cut intensifies pressure on PM to spur economy

By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what…
Economy

Hungarian GDP growth will be close to zero in Q3, economy minister says

BUDAPEST (Reuters) – Hungarian gross domestic product growth will be “very close to zero” in the third quarter, significantly below market expectations,…
Economy

Chipmaker TSMC’s profits surge, retail sales ahead – what’s moving markets

Investing.com — S&P 500 futures and Nasdaq 100 futures contracts inched slightly higher on Thursday, with markets looking ahead to retail sales data…
Economy

Investors turn short on most Asian FX as dollar strength prevails- Reuters poll

By Roushni Nair (Reuters) – Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year…
Economy

Japan premier Ishiba vows big spending, drifts away from fiscal restraint

By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba’s administration has pledged to draft another big spending package, shifting further…
Economy

Plunging UK inflation spurs rate cut bets, offers budget relief for Reeves

By Andy Bruce and William Schomberg (Reuters) -British inflation slowed sharply last month and key price gauges watched by the Bank of…
Economy

ASML’s lowered forecast suggests factory overcapacity, not chip doom

By Max A. Cherney and Stephen Nellis (Reuters) – ASML (AS:ASML)’s deep forecast cuts that sparked a global tech stock selloff signal…
Economy

Morgan Stanley’s profit beats estimates on investment banking windfall

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) -Morgan Stanley’s third-quarter profit surpassed estimates on an investment banking windfall that had…
Economy

US import prices post biggest drop in nine months in September

WASHINGTON (Reuters) – U.S. import prices fell by the most in nine months in September amid decreases in the costs of energy…
Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…
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