Reuters USA

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s consumer inflation was in line with expectations in the fourth quarter and while it continues to track towards the central bank’s target range of 1% to 3% domestic inflation remains high. Annual inflation was 4.7% in the fourth quarter, slower than the 5.6% in the third quarter, Statistics …

New Zealand fourth-quarter CPI rises 0.5% on quarter Read More »

(Reuters) – Morgan Stanley Direct Lending Fund said on Tuesday it had raised $103.35 million in its initial public offering. The fund chiefly invests in riskier bonds, like those issued by middle-market companies or by private equity firms looking to finance their acquisitions. Such bonds typically fetch higher interest than top-rated corporate debt. The interest …

Morgan Stanley Direct Lending Fund raises $103.35 million in IPO Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investor sentiment towards China has picked up following a report that Beijing is considering a hefty package to support its ailing markets, and Wednesday’s trading activity will give some insight into whether it will be fleeting or something more lasting. Elsewhere …

Marketmind: Testing China, Hong Kong stocks’ bounce back ability Read More »

By Lewis Jackson SYDNEY (Reuters) -An Australian regulator is reviewing how pension funds value unlisted assets, ranging from private equity to office towers, as part of a long-term push to limit risks within the illiquid holdings popular in the A$2.5 trillion ($1.7 trillion) sector. The Australian Prudential Regulation Authority (APRA) requested information from multiple pension …

Australia regulator launches review into how pension funds value unlisted assets Read More »

By Pratyush Thakur and Mike Stone (Reuters) -A recovery in commercial air traffic and increased global defense spending helped RTX report better-than-expected fourth-quarter earnings on Tuesday, boosting margins in its aftermarket service and defense business lines. RTX shares were up 6.5% in early trading in New York. The defense and aerospace major also forecast 2024 …

RTX beats estimates on aviation strength, defense demand Read More »

By Ankika Biswas and Johann M Cherian (Reuters) – The benchmark S&P 500 and the Nasdaq were flat on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally, while the Dow treaded water on the back of losses in 3M. 3M tumbled 9.5% after forecasting dour annual earnings …

S&P 500, Nasdaq muted as mixed earnings weigh on risk appetite Read More »

(Corrects day of week in paragraph 1) (Reuters) -United Airlines CEO Scott Kirby said in a CNBC interview on Tuesday the company was going to build a fleet plan that does not include Boeing’s 737 MAX 10 jets, citing delivery delays. In the best case scenario, MAX 10 deliveries are five years behind their original …

United CEO says airline building fleet plan without Boeing’s 737 MAX 10 jets Read More »

By Alexander Marrow, Darya Korsunskaya and Elena Fabrichnaya MOSCOW (Reuters) -Russian authorities publicly disputed the efficacy of capital controls on Tuesday, with the central bank swiftly opposing the government’s proposal to extend a requirement forcing exporters to convert foreign currency revenues. The spat between the government and the central bank highlights the discord in the …

Russian government, central bank disagree publicly over extending capital controls Read More »

(Reuters) -Boeing and its Seattle-area machinists union have delayed the opening of contract negotiations until early March as the company deals with the grounding of the 737 MAX 9. Formal negotiations were set to begin in early February and were pushed back at Boeing’s request, said the union on its website. Both Boeing and its …

Boeing and Seattle-area union delay start of contract negotiations Read More »