Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends…
Economy
Marketmind: Markets await euro zone inflation; wary of yen
A look at the day ahead in European and global markets from Ankur Banerjee After German inflation bucked the trend…
Japan finance minister warns against excessive yen weakening
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said…
Thai May factory output falls 3.14% y/y, less than forecast
BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in May dropped by a less than expected 3.14% from a year…
South Korea’s robust economic activity in May paints brighter quarter
By Jihoon Lee SEOUL (Reuters) – South Korea’s factory production jumped unexpectedly in May, led by cars and chips, official…
Analysis-Threat of ‘down rounds’ spur private credit funds in Asia
By Yantoultra Ngui SINGAPORE (Reuters) – From India to Singapore, Asia is seeing a boom in private credit funds looking…
Tokyo inflation points to broadening price pressure, tests dovish BOJ stance
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital perked up in June and remained above…
UK mortgage rates rise again, turning screw on homeowners and buyers
By Andy Bruce LONDON (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers,…
Electrical accident at Chile’s El Teniente copper mine leaves one dead
SANTIAGO (Reuters) – An electrical accident at Codelco’s El Teniente mine in central Chile, the company’s largest copper mine, left…
Dow, S&P gain with bank rally countering rate worries
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Dow and the S&P 500 advanced on Thursday…