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

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

US House of Representatives Speaker Nancy Pelosi attends a meeting with Taiwan President Tsai Ing-wen at the presidential office in Taipei, Taiwan August 3, 2022. Taiwan Presidential Office/Handout via REUTERS. Register now for FREE unlimited access to Register BEIJING, Aug 3 (Reuters) – China on Wednesday suspended exports of natural sand to Taiwan and … Read more

Yen recovery continues on lower US yields; markets on edge over Pelosi

Japanese yen and US dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Register HONG KONG, Aug 2 (Reuters) – The dollar continued its decline on Tuesday, falling to its lowest in two months against the … Read more

Shares rally as markets but on more gradual rate hikes

Passersby wearing protective face masks walk in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan July 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Register SINGAPORE, July 29 (Reuters) – Asian stocks took their cue on Friday from a late … Read more

Gartner forecasts chip sales growth to slow down in 2022, fall next year

A Renesas Electronics Corp’s chip is pictured at the company’s office in Tokyo, March 21, 2013. REUTERS/Yuya Shino/File Photo Register now for FREE unlimited access to Register STOCKHOLM, July 27 (Reuters) – IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall 2.5% next … Read more

World stocks edge higher for sixth day of gains, dull business activity hits euro

MSCI World index flat US stock futures point to lower Wall Street open Euro down vs dollar, but eyes best week in 1 month LONDON/TOKYO, July 22 (Reuters) – Global stocks were marginally higher on Friday, eyeing a sixth day of gains as European markets rose, while weak euro zone business activity data hit the … Read more

Exit from Taiwan lifts shares of French company Carrefour

View of a Carrefour Hypermarket store in Nantes, France, February 4, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Register PARIS, July 20 (Reuters) – Shares in French food retailer Carrefour (CARR.PA) rose 3% on Wednesday after it agreed to sell its remaining 60% stake in its Taiwan business, sparking … Read more

Asian shares weaken as traders eye central banks’ rate plans

A man holding an umbrella is silhouetted as he walks in front of an electric monitor displaying the Japanese yen exchange rate against the US dollar and Nikkei share average in Tokyo, Japan July 14, 2022 REUTERS/Issei Kato Register now for FREE unlimited access to Register European futures fall, US futures slightly higher Tech … Read more

Stocks make recovery bid, hemmed in by weakening world economy

Chinese economy slowed sharply in Q2 US yields, dollar pull back after Fed officials’ comments European markets firmer, with eyes on Italy’s political crisis LONDON, July 15 (Reuters) – World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were … Read more

TSMC sees resilient chip sales boosting Q3; electronics demand cooling

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS / Ann Wang Register now for FREE unlimited access to Register Sees Q3 revenue up to $ 19.8 bln- $ 20.6 bln from $ 14.88 bln yoy Confident on long term chip demand Q2 … Read more