By Jihoon Lee SEOUL (Reuters) – South Korea’s exports are expected to have risen for a ninth consecutive month in June, with semiconductor sales to the U.S. leading the increase, although the growth rate likely slowed on calendar effects, a Reuters poll showed on Thursday. Exports in June from Asia’s fourth-largest economy are forecast to […]
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will plateau over the coming three months and then only fall modestly by year-end amid receding expectations of Federal Reserve interest rate cuts, according to a Reuters poll of bond strategists. After peaking at 5.02% in October, the benchmark U.S. 10-year Treasury note yield plummeted over […]
By Joe Cash BEIJING(Reuters) – China’s exports likely grew more quickly and for a second month in May thanks to improving overseas demand, giving officials some comfort as they navigate numerous challenges at home to shore up an uneven economic recovery. Trade data for May is expected to show outbound shipments grew 6.0% year-on-year by […]
By Hari Kishan BENGALURU (Reuters) – Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property analysts who said more government intervention was needed to improve the situation. House prices in most major property markets were forecast to rise […]
By Vivek Mishra BENGALURU (Reuters) – India’s economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according to a Reuters poll of economists who said the possibility of growth significantly surpassing their forecasts was low. The country’s gross domestic product (GDP) unexpectedly grew by 8.4% in […]
By Sarupya Ganguly BENGALURU (Reuters) – Bond strategists upgraded their U.S. Treasury yield forecasts for coming months to their highest since at least November amid sticky inflation and greater conviction in financial markets of fewer Federal Reserve rate cuts this year, a Reuters poll found. After hitting a cycle peak of 5.02% in October 2023, […]
(Reuters) -Reuters won the Pulitzer Prize for national reporting on Monday for a series of investigations that uncovered harm to consumers, workers and laboratory animals across Elon Musk’s manufacturing empire. Reuters’ winning series, “The Musk Industrial Complex,” revealed a spate of worker injuries and one death at Musk’s rocket company SpaceX and the mistreatment of […]
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei. The expected slide underscores the impact of Milei’s cost-cutting on the real […]
PARIS (AP) — Reuters photographer Mohammed Salem captured this year’s prestigious World Press Photo of the Year award Thursday with a depiction of loss and sorrow in Gaza, a heartrending photo of a Palestinian woman cradling the body of her young niece. The photograph, taken in Khan Younis just days after Salem’s own child was […]
Tesla (TSLA) stock hit 2024 lows Friday after Reuters reported the EV company canceled its long promised next-generation $25,000 vehicle, choosing to focus on developing its self-driving robotaxi platform. Chief Executive Elon Musk claimed the story was untrue. X Reuters, citing three anonymous sources and internal messages, reported Friday that Tesla no longer plans to […]
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By Satoshi Sugiyama TOKYO (Reuters) – Revised data for Japan’s fourth-quarter gross domestic product will likely show that the economy avoided a technical recession thanks to companies’ stronger-than-expected spending on plants and equipment, a Reuters poll showed on Friday. October-December GDP is expected to be revised up to show an annualised expansion of 1.1%, according […]