U.S. Core Capital Goods Orders Accelerate In January
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods increased more than expected in January while shipments of those…
2023
Shares Get Respite From Pause In Dollar Rally
By Amanda Cooper LONDON (Reuters) -Global shares rose on Monday, but skimmed six-week lows, after another round of data last…
Ex-Goldman Sachs Banker Seeks Mercy In 1MDB Case
By Shivani Tanna (Reuters) – Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia’s…
J.P.Morgan Expects Additional 25bps Rate Hike From BoE In June
(Reuters) – The Bank of England (BoE) will likely raise interest rates by a further 25 basis point (bps) in…
Oil Lower On Firm Dollar, Market Shrugs Off Russian Supply Cuts
By Mohi Narayan and Sudarshan Varadhan (Reuters) -Oil prices fell in volatile trade on Monday, as a stronger dollar and…
Analysis-CATL’s ‘price War’ Shows Its Power, And China’s EV Edge
SHANGHAI/LONDON (Reuters) – CATL, the world’s largest battery maker, has offered to cut costs for Chinese automakers, a move that…
Dollar Gains As Higher-for-longer U.S. Rate Views Drive Currency Markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of…
Toyota’s Vehicle Production Up By 8.8% In January, Still Short Of Plan
TOKYO (Reuters) – Toyota Motor Corp boosted global vehicle production by 9% in January, it said on Monday, marking its…
Nissan Raises Global EV Targets; To Increase U.S. Localisation
TOKYO (Reuters) -Nissan Motor Co Ltd on Monday raised its electrified car sales goals and said it will increase power…
Asia Stocks Face Rate Squeeze, Dollar Gets The Benefit
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks…