By Tom Westbrook SINGAPORE (Reuters) – Asian shares inched higher while the dollar was pinned to one-year lows on sterling and the euro on Thursday as Federal Reserve minutes showed…
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Investing.com– Oil prices fell in Asian trade on Thursday, extending a run of recent losses as weak U.S. labor data fueled concerns over an economic slowdown in the country and…
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By Michael S. Derby and Dan Burns WASHINGTON (Reuters) – The Federal Reserve appears to be very much on track for an interest rate cut in September after a “vast…
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By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global…
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(Reuters) -Chinese property developer Kaisa Group said on Thursday it expects to report a bigger net loss for the first half of the year, hurt by a decline in property…
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By Farah Master and Laurie Chen HONG KONG/BEIJING (Reuters) – Mary Meng is so busy and stressed working for a Chinese tech company in Shanghai that she can’t imagine having…
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By Juby Babu (Reuters) -Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools deployed in hybrid work models, and said…
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‘Vast majority’ of Fed members see September rate cut on more inflation progress
Investing.com – The “vast majority” of Federal Reserve policymakers signaled that it may be appropriate to begin cutting rates next month should the recent progress on inflation continue. “The vast…
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Stock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopes
Investing.com — The S&P 500 closed higher Wednesday as the minutes of the Federal Reserve’s July meeting bolstered expectations for a rate cut next month, overshadowing concerns about the economy…
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By Karen Brettell (Reuters) -The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the…