MCE

Asian stocks fall on US yields amid Pelosi tensions; down the australian

A man wearing a protective face mask, amid the coronavirus (COVID-19) pandemic, passes a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now to get free unlimited access to Reuters.com Register TOKYO (Reuters) – Asian stocks …

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US manufacturing is slowing modestly; Excess stocks are a major concern

The manufacturing index fell to 52.8 in July from 53.0 in June Contract new orders, improve supplier deliveries slowing increases in input prices; Accumulation of stocks WASHINGTON (Reuters) – U.S. manufacturing activity slowed less-than-expected in July, and there were signs that supply constraints were easing, with a measure of prices paid for inputs from factories …

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Australia house prices fall, Sydney suffers worst month in 40 years

FILE PHOTO – Real estate can be seen in the Sydney suburb of Clovelly, Australia on July 19, 2015. REUTERS/David Gray Register now to get free unlimited access to Reuters.com Register SYDNEY (Reuters) – Australian home prices fell for a third month in July and accelerated as Sydney suffered its worst fall in nearly 40 …

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HSBC stops Ping An breakup call, raises profit and pay target

HSBC returns to pay quarterly dividends from 2023 Aims to win over investors with higher profitability goal He says the separation of the Asian business carries enormous risks London shares rise 6% LONDON/SINGAPORE (Aug. 1) (Reuters) – HSBA.L has rejected a proposal by China’s Ping An Insurance Group (601318.SS) to split the bank, a move …

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Factory activity in China unexpectedly shrinks in July with the outbreak of COVID

Employees work on a vehicle components production line during a government-organized media tour to a plant of German engineering group Voith, following the outbreak of the coronavirus disease (COVID-19), in Shanghai, China, July 21, 2022. REUTERS/Ali Song Register now to get free unlimited access to Reuters.com Register China’s official manufacturing PMI for July missed expectations …

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The Fed’s aggressive rate hike path bolstered by new inflation and wages data

July 29 (Reuters) – Federal Reserve Chairman Jerome Powell said this week that he is looking for convincing signs that inflation is abating before the U.S. central bank gives up its steepest set of interest rate hikes in decades. In data released on Friday, he got largely the opposite. Inflation according to the Fed’s preferred …

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S&P 500 and Nasdaq post biggest monthly gains since 2020

Apple sees continued strength in iPhone demand Amazon expects higher revenue in the third quarter Intel cuts annual forecasts, stocks slump Oil giants Exxon and Chevron jump after achieving record revenues Indices: Dow Jones rose 1%, Standard & Poor’s 500 rose 1.4%, Nasdaq rose 1.9%. NEW YORK (Reuters) – US stocks added to their latest …

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Global stocks eye the best month since late 2020, as the dollar drops

The MSCI World Index rose 0.3%; Almost 6% for the month The dollar fell 0.5% against a basket of its major peers Markets are betting on the US slowdown to ease interest rate tightening LONDON/SINGAPORE (Reuters) – Global stocks rose on Friday, on track for their best month since late 2020 as traders bet the …

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