ASML’s lowered forecast suggests factory overcapacity, not chip doom
By Max A. Cherney and Stephen Nellis (Reuters) – ASML (AS:ASML)’s deep forecast cuts that sparked a global tech stock selloff signal…
Morgan Stanley’s profit beats estimates on investment banking windfall
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) -Morgan Stanley’s third-quarter profit surpassed estimates on an investment banking windfall that had…
US import prices post biggest drop in nine months in September
WASHINGTON (Reuters) – U.S. import prices fell by the most in nine months in September amid decreases in the costs of energy…
PIMCO says UK budget unlikely to shock markets, gilts look attractive
By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…
