By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese reflation vs U.S. inflation. That’s the broad market picture painted by manufacturing PMIs for the world’s two largest economies on Wednesday, as Asian stocks excluding Japan surged 2% for their best day in two months, and two …
Marketmind: For nervous markets, beware the slides of March Read More »
SEOUL (Reuters) – South Korea’s factory activity contracted for an eighth month in February, a survey showed on Thursday, highlighting weak domestic and global economic conditions even though the downturn in output and orders eased slightly. The S&P Global’s seasonally adjusted purchasing managers’ index (PMI) for South Korean manufacturers stood at 48.5 in January, unchanged …
South Korea February factory activity shrinks for eighth month Read More »
By Krystal Hu and Anirban Chakroborti (Reuters) -Alphabet Inc’s venture capital arm CapitalG said on Wednesday it had appointed its star investor, Laela Sturdy, as managing partner, making her one of the very few female leaders in the sector. Sturdy has headed some of the firm’s most notable investments in companies such as Stripe, UiPath …
Alphabet’s CapitalG appoints insider Laela Sturdy as managing partner Read More »
By Vivek Mishra and Devayani Sathyan BENGALURU (Reuters) – Expectations for a 16% fall in Australian home prices from their peak have held steady despite growing expectations over the past few months the Reserve Bank will raise interest rates to a higher peak, a Reuters poll of analysts found. Last month the central bank abandoned …
By Kanishka Singh WASHINGTON (Reuters) – A man was arrested and charged with attempting to place an explosive or incendiary device on an aircraft after his bag triggered an alarm at Lehigh Valley International Airport in Pennsylvania, U.S. authorities said on Wednesday. The FBI said that Mark Muffley, 40, from Lansford, Pennsylvania, checked a suitcase …
US arrests man with explosive device in luggage at Pennsylvania airport Read More »
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance. The yield on 10-year notes topped 4% for the …
S&P, Nasdaq weak as manufacturing stokes Fed concerns Read More »
WASHINGTON (Reuters) – The National Transportation Safety Board said on Wednesday it is investigating a runway incursion on Monday at Boston Logan Airport that occurred when a Learjet 60 began a takeoff roll as a JetBlue airplane was preparing to land on an intersecting runway. The Federal Aviation Administration (FAA) said earlier it was investigating …
US NTSB investigates new runway ‘close call’ incident Read More »
(Reuters) – A California review board on Wednesday denied parole to Sirhan Sirhan, the Palestinian refugee serving a life sentence for assassinating U.S. presidential candidate Robert F. Kennedy in 1968. Sirhan was denied parole for another three years by a panel of California parole board members, who said he was not suitable for release. The …
Robert Kennedy assassin Sirhan Sirhan denied parole for 16th time Read More »
By Jonathan Landay MCLEAN, Virginia (Reuters) -A globe-spanning U.S. intelligence investigation has concluded it is “very unlikely” a foreign adversary is responsible for the “Havana syndrome” ailment that has afflicted U.S. diplomats, spies and other personnel worldwide, according to declassified findings released on Wednesday. The symptoms of the mysterious ailment, first reported by U.S. embassy …
‘Havana syndrome’ not caused by foreign adversary, U.S. intel finds Read More »
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The skepticism expressed by conservative U.S. Supreme Court justices toward President Joe Biden’s move to forgive $430 billion in student debt not only cast doubt on the plan’s fate but also signaled trouble ahead for the use of executive power to get things done in his remaining …
US Supreme Court doubt over student debt relief looms over Biden agenda Read More »
