Economy
““Markets have a fear of everything today — call it pantophobia — and yet that hasn’t fully manifested into a panic.”” — Bob Savage, head of markets strategy and insights, BNY Mellon That was a BNY Mellon strategist summing up the market mood on Friday, as big earnings reports started…
KUALA LUMPUR (Reuters) – Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government said the app was not fully compliant with local laws. “TikTok respects local laws and regulations and is committed to taking proactive measures to…
The first charter flight that the U.S. State Department is organizing has departed from Israel and is en route right now to a site in Europe, White House spokesman John Kirby told reporters on Friday. The flight comes as there is limited availability of commercial flights out of Israel and…
By Karin Strohecker and Marc Jones LONDON (Reuters) – An unpredictable race in Poland’s high-stakes election has left markets in Europe’s largest emerging economy in limbo. Pre-election polls point to a win on Sunday for the ruling nationalist Law and Justice party (PiS), but one that sees it fall short…
North Korea has delivered arms to Russia for use in Ukraine, providing more than 1,000 containers of military equipment and munitions in recent weeks, White House spokesman John Kirby told reporters on Friday. Kirby said the U.S. condemns the Democratic People’s Republic of Korea for supplying Russia with the arms.…
A look at the day ahead in European and global markets from Ankur Banerjee Inflation remains the watch word in the markets on Friday as investors await data on consumer prices from Spain, France and Sweden after U.S. data showed sticky inflation, while the latest report from China highlighted persistent…
None of the U.S. intelligence agencies have any specific intelligence indicating a threat to the country stemming from last week’s attack by Hamas in Israel, but federal, state and local law enforcement are “working around the clock to prevent any violence from occurring,” White House spokesman John Kirby told reporters…
By Davide Barbuscia NEW YORK (Reuters) – Shifting views on the Federal Reserve’s monetary policy trajectory are roiling the U.S. Treasury market, as investors gauge how close the central bank is to pulling back from its aggressive monetary policy tightening. Benchmark 10-year yields tumbled at the start of the week…
President Joe Biden on Friday spent more than an hour on a Zoom call with family members of the 14 Americans still unaccounted after the Hamas attacks in Israel, said the White House’s principal deputy press secretary, Olivia Dalton. “The president conveyed directly to these families that they have been…
TOKYO (Reuters) -Japanese households’ inflation expectations rose slightly in the three months to September, a central bank quarterly survey showed on Friday. The survey will be among factors that the Bank of Japan (BOJ) will scrutinise in producing new inflation forecasts at its Oct. 30-31 policy review. The ratio of…