Morning Bid: Asia’s economic spotlight shines on giants China, Japan

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying stock market data outside a brokerage in Tokyo, Japan, February 25, 2022. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 15 (Reuters) – A look at the day ahead in Asian markets … Read more

Barca register four new signings after triggering final ‘economic lever’

Jul 23, 2022; Las Vegas, Nevada, USA; Barcelona forward Franck Kessie (19) passes the ball during a game against Real Madrid at Allegiant Stadium. / Stephen R. Sylvanie-USA TODAY Sports/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 12 (Reuters) – Barcelona have registered four of their newly signed players ahead of … Read more

Oil edges up as strong economic data feeds hopes for demand

FILE PHOTO – A oil field worker works at a pump jack in PetroChina’s Daqing oil field in China’s northeastern Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register HOUSTON, Aug 8 (Reuters) – Oil prices edged up on Monday, hovering near their lowest levels in months in … Read more

Retailer Next defies British economic gloom, lifts outlook

A shopper carries a bag advertising the clothing retailer Next in London, Britain, December 28, 2021. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register Lifts profit and sales forecast Q2 boosted by warm weather Says inflation will slow second-half growth LONDON, Aug 4 (Reuters) – Retailer Next (NXT.L), a bellwether of British … Read more

US stocks advance, Treasury yields rise following strong economic data, Fed resolve

NEW YORK, Aug 3 (Reuters) – Wall Street advanced and Treasury yields touched two-week highs on Wednesday as abating geopolitical concerns, robust economic data and generally upbeat corporate earnings fed investor risk appetite. All three major US stock indexes were higher, and benchmark 10-year Treasury yields gained ground. Economic data showed an unexpected acceleration of … Read more

European shares slip ahead of economic data; Avast soars

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 2, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Aug 3 (Reuters) – European shares fell in early trading on Wednesday ahead of key business growth data, while broader markets weighed the potential fallout from … Read more

Maersk’s cash machine is economic storm warning

The cargo ship “Maersk Bratan” of Danish shipping company Maersk is loaded at a container terminal at the harbor in Hamburg, Germany, June 24, 2022. REUTERS/Fabian Bimmer Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 2 (Reuters Breakingviews) – Shipping giants are sending out an unlikely warning signal about the global economy. … Read more

French audit body chief says government too optimistic on economic outlook

French First President of the Cour des Comptes Pierre Moscovici speaks during a news conference to present the annual financial report of the Court of Auditors (Cour des Comptes) in Paris, France, February 16, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register PARIS, July 28 (Reuters) – French President Emmanuel Macron’s … Read more

Analysis: Crisis of confidence stifles China’s economic recovery

Consumers tighten belts, private businesses cut spending Private sector feeling most of the pain of China’s slowdown Policy measures likely to remain focused on infrastructure BEIJING, July 26 (Reuters) – Chinese beef hotpot restaurant chain Baheli, which makes only a third of the revenue it earned before the COVID-19 pandemic, has no intention to resume … Read more

UK Labor leader Starmer sets out plan for economic growth

British leader of the Labor Party and opposition Keir Starmer speaks during a news conference, in London, Britain, July 8, 2022. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, July 24 (Reuters) – British opposition Labor leader Keir Starmer will set out his plan to foster economic growth on Monday, adding … Read more