Bank of Canada most likely to cut rates by 50 bps next week
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is widely expected to reduce its key policy rate by 50 basis…
Factbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to…
AmEx quarterly profit exceeds expectations on cost control
(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit…
Fifth Third Bancorp’s profit falls on higher loan loss provisions
(Reuters) – Fifth Third Bancorp (NASDAQ:FITB) reported a fall in its third-quarter profit on Friday, as the bank set aside more money…
US retail sales increase solidly in September
WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace…
US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the…
European shares marginally up; investors eye dovish ECB comments
(Reuters) – Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced…
‘No excuses’: Thai central bank rate cut intensifies pressure on PM to spur economy
By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what…
Hungarian GDP growth will be close to zero in Q3, economy minister says
BUDAPEST (Reuters) – Hungarian gross domestic product growth will be “very close to zero” in the third quarter, significantly below market expectations,…
Chipmaker TSMC’s profits surge, retail sales ahead – what’s moving markets
Investing.com — S&P 500 futures and Nasdaq 100 futures contracts inched slightly higher on Thursday, with markets looking ahead to retail sales data…
