Reuters Financial News

15.03 / 02:29

markets Reuters Trade track reports recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US producer prices to oil price rally

Sensex gained 335.39 points, or 0.46%, to close at 73,097.28, while the Nifty 50 settled 148.95 points, or 0.7%, higher at 22,146.65. “We expect broader market volatility to continue in the near term, thus, retail investors should take this correction as an opportunity to accumulate quality names in 3-4 tranches. We suggest to make a higher allocation towards largecaps as valuations are comfortable along with steady growth prospects," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

14.03 / 14:33

markets UPS Reuters Booking Trade Department Arkhouse, Macy's in talks for due diligence amid push for higher bid

(Reuters) — Macy's (NYSE:M) investor Arkhouse Management said on Thursday the U.S. department store was in talks with the investment firm for opening its books for due diligence on the prospects of a higher offer.

14.03 / 11:25

UPS Reuters Action economy country reports China probes exposure of HK units of banks, insurers to local government debt, sources say

By Selena Li and Summer Zhen

14.03 / 11:25

UPS Provident Reuters Food President social Cuba's private sector provides elderly care - for those who can afford it

By Anett Rios and Nelson Acosta

14.03 / 06:03

markets Provident Reuters Crypto exchanges reports prevention South Africa’s Regulator Approves 59 Crypto Licences: Report

South Africa’s regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body.

14.03 / 05:47

UPS Reuters economy Trade show Indonesia's February trade surplus seen widening to $2.32 billion

JAKARTA (Reuters) — Indonesia's February trade surplus is expected to have widened slightly from the previous month as exports likely contracted at a slower pace, while imports rose ahead of the Muslim fasting month of Ramadan, a Reuters poll showed on Thursday.

14.03 / 04:19

Reuters Platform Strategy reports Alibaba plans to invest $1.1 billion in South Korea: report

Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean news agency Yonhap reported on Thursday, citing a business strategy document of the company. The Chinese ecommerce giant plans to spend $200 million this year on building the logistics center and $100 million to help small and mid-sized South Korean firms sell their products overseas, the report said.

14.03 / 03:07

Reuters CEO WhatsApp Trade reports Investigations stake Singtel shares fall more than 1% after Optus stake sale reports

1% on Thursday in early trade after reports it was in advanced negotiations to sell a significant stake in Australian telco Optus to Canada's Brookfield Asset Management. Those reports came after Singtel had dismissed an article in the Australian Financial Review (AFR) on Wednesday saying it would sell the entirety of Australia's second-largest telecommunications group for as much as A$18 billion ($11.93 billion).

14.03 / 03:07

UPS Reuters President country Interviews Oil prices underpinned by US inventory data, attacks on Russian refineries

crude stockpiles indicated strengthening demand, while possible supply disruptions following Ukrainian attacks on Russian refineries also underpinned prices. Brent futures rose 10 cents, or 0.12%, to $84.13 a barrel at 0115 GMT, while U.S. West Texas Intermediate (WTI) crude was up 7 cents, or 0.9%, at $79.79 per barrel.

14.03 / 01:13

markets UPS Reuters RIC show reports UK housing market strengthens in February, RICS survey shows

LONDON (Reuters) — Britain's housing market picked up in February but property surveyors said uncertainty over the Bank of England's interest rates path could temper demand, a closely watched industry survey showed on Thursday.

14.03 / 01:13

markets Reuters economy show country reports Updates economic data Currency market subdued ahead of fresh US economic data

By Brigid Riley

14.03 / 01:13

Reuters Cooper Aviat Action Boeing Interviews International Exclusive-Europe regulator says it would pull Boeing approval if needed

By Joanna Plucinska and Tim Hepher

13.03 / 14:15

Provident FIVE Reuters Apple Research Trade Apple stock buyback: Here's what this analyst thinks will happen

It’s been a disappointing year for Apple (NASDAQ:AAPL) investors so far, with the stock down over 7% for the year-to-date, despite the slight pullback over the last few trading sessions. Apple stock hit a 2024 intraday low of $168.49 on Thursday last week before rising to above the $173 per share mark in yesterday’s session (Tuesday, March 12).

13.03 / 13:41

UPS Provident Reuters Software wellness information regulatory Exclusive-Nordic Capital considers sale of regulatory tech firm Regnology, sources say

By Amy-Jo Crowley and Emma-Victoria Farr

13.03 / 08:11

UPS Reuters economy Election show performer UK economy returns to growth at start of 2024

By David Milliken and Suban Abdulla

13.03 / 06:03

Citi FIVE Reuters Ball Fox wellness Mega Millions jackpot grows to $792M after no tickets match winning numbers

Check out what's clicking on FoxBusiness.com

13.03 / 05:35

markets COST Reuters JPMorgan show reports Profiles In the Market: Bid to end bank 'window dressing' may reshape US repo market

By Paritosh Bansal

13.03 / 04:17

UPS Reuters security Election Research Edison Donald Trump wins Republican presidential primary in Washington

Donald Trump both clinched their parties' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years. According to Edison Research, Joe Biden passed the necessary 1,968 delegates on Tuesday night as the results of the Georgia primary contest started to come in.

13.03 / 03:31

Reuters Digital ETF Research Bitcoin reports Grayscale plans spin off of spot bitcoin ETF

Digital asset manager Grayscale Investments on Tuesday filed for a spin-off of its spot bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (GBTC). The spin-off is part of a bid to offer investors lower-fee exposure to bitcoin, according to a person familiar with the matter.

13.03 / 03:31

markets Reuters CME WhatsApp President reports CME Group bids to enter US Treasuries clearing business

CME Group plans to apply to clear U.S. Treasuries, a spokesperson said, a $26 trillion dollar market. The Financial Times reported earlier on Tuesday that CME Group would apply this year to clear U.S. Treasuries, becoming the first exchange company to publicly announce its plans to enter the world's biggest bond market.

13.03 / 02:08

markets Reuters Research Trade recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation to oil prices

Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to settle at 22,335.70. “Pain is likely to continue in the broader market amid stretched valuation and red flags from SEBI. Also, the mandatory disclosure format for mutual funds shared by SEBI to look at the stress situation in the funds, will be out by March 15.

Reuters Financial News

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