Close
Morning Bid: PMIs to lead as central banks wait on rates May 23, 2024 12:31AM

A look at the day ahead in European and global markets from Rae Wee

Flash Purchasing Managers Index (PMI) figures in the euro zone, the UK and the United States take centre stage on Thursday, and investors will be on the lookout for whether the global growth narrative is showing signs of change.

Strategists at S&P Global Market Intelligence noted that after the composite PMI in the United States came in below its euro zone and UK counterparts... (continue reading...)


China’s Lenovo extends revenue growth streak, beats expectations May 23, 2024 12:21AM

By Josh Ye

HONG KONG (Reuters) -China's Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world's largest maker of personal computers (PCs) exits a demand slump following the aftermath of the COVID-19 pandemic.

Revenue for the January-March quarter beat an average estimate of $13 billion drawn from eight analysts, according to LSEG data.

This marks a second consecutive quarter of... (continue reading...)


Reactions to China's military drills around Taiwan May 23, 2024 12:17AM

(Reuters) - Taiwan's military mobilised its forces and said it was confident it could protect the island after China started two days of "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts".

Here are some reactions to the military drills:

WU XINBO, DIRECTOR OF THE CENTRE FOR AMERICAN STUDIES AT FUDAN UNIVERSITY IN SHANGHAI:

"The drills encircling the island, is giving him... (continue reading...)


Five killed in Mexico after stage collapses at campaign event May 22, 2024 11:44PM

MEXICO CITY (Reuters) -Five people died on Wednesday evening in the northern Mexican state Nuevo Leon after a stage collapsed at a campaign event for the Citizens' Movement party, the state's governor said.

Some 50 people were injured, Governor Samuel Garcia told reporters, while the director of Mexico's social security institute reported on social media that dozens were being treated at local clinics.

Jorge Alvarez Maynez, the presidential... (continue reading...)


Exclusive-Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad May 22, 2024 11:28PM

By Stephen Nellis

(Reuters) - Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could eventually involve the transfer of sophisticated chips and tools - a move that a senior Republican congressman warned could have national security implications.

In an interview with Reuters this week, Smith said the sales accord, many details of which are being reported here for the... (continue reading...)


More Reuters

View Older Stories

May 22, 2024 11:07PM Chinese military practiced Taiwan invasion manoeuvres in 2023, says US general
May 22, 2024 10:56PM South Korea announces $19 billion support package for chip industry
May 22, 2024 10:54PM TSMC sees annual sales growth to reach 10% in semiconductor industry
May 22, 2024 10:43PM Fire extinguished at Sims' Redwood City metal recycling plant in California
May 22, 2024 10:39PM New Zealand Finance Minister says government deficit set to widen in 2024-25
May 22, 2024 10:31PM Argentina's Milei belts out heavy metal at book launch
May 22, 2024 10:22PM Asia stocks weaken on the patient approach to rate cuts
May 22, 2024 10:01PM Explosion at apartment building in China's Harbin, says state media
May 22, 2024 09:11PM Singapore Airlines shares slip 1.3% after turbulent flight
May 22, 2024 09:08PM Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm
May 22, 2024 08:59PM Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports
May 22, 2024 08:57PM Amazon, AI startup Hugging Face pair to use Amazon chips
May 22, 2024 08:54PM South Korea holds rates, signals tight policy to stay over short term
May 22, 2024 08:47PM BHP will not relent on structure, value of $49 billion Anglo offer, say sources
May 22, 2024 08:41PM Oil prices fall on worries of higher US interest rates
May 22, 2024 08:35PM Taiwan mobilises forces after China starts 'punishment' drills
May 22, 2024 08:33PM Japan's factory activity expands for first time in a year, PMI shows
May 22, 2024 08:28PM US Biden administration says it supports an independent Fed
May 22, 2024 08:23PM Boeing targets June 1 for Starliner's debut crew launch amid helium leak probe
May 22, 2024 08:11PM Singapore posts fastest growth in 18 months as outlook improves
May 22, 2024 07:54PM Bridgewater taps China head Alpert to oversee new investment unit
May 22, 2024 07:51PM SingTel annual profit more than halves on $2.3 billion impairment hit
May 22, 2024 07:44PM Lebanon's reforms insufficient for recovery, IMF says
May 22, 2024 07:22PM El Salvador Congress approves $1.5 billion debt issuance
May 22, 2024 07:19PM Walmart to invest $700 million in Guatemala over 5 years
May 22, 2024 07:09PM Chechen leader meets Russia's Putin, offers more troops for Ukraine
May 22, 2024 07:03PM Warner Bros Discovery's TNT signs deal with ESPN for College Football Playoff
May 22, 2024 07:02PM Yen slide beyond 155 is a pain point for half of Japan firms, Reuters survey shows - Reuters poll
May 22, 2024 06:59PM SpaceX launches first satellites for new US spy constellation
May 22, 2024 06:57PM Ex-Citi banker says she was fired for refusing to give false data to regulator
May 22, 2024 06:53PM US DOJ could seek break up of Live Nation, Bloomberg News reports
May 22, 2024 06:45PM US Supreme Court Justice Alito's home flew another provocative flag -NYT
May 22, 2024 06:37PM US expected to designate Kenya as major non-NATO ally, source says
May 22, 2024 06:33PM Former Republican presidential contender Nikki Haley says she will vote for Trump
May 22, 2024 06:26PM Walgreens further cuts stake in drug distributor Cencora
May 22, 2024 06:12PM Synopsys lifts annual forecast on AI boom driving demand for chip design software
May 22, 2024 06:07PM Australia takes Singtel-owned Optus to court over 2022 cyber attack
May 22, 2024 05:50PM Morning Bid: Bank of Korea next up, Nvidia keeps on rollin'
May 22, 2024 05:46PM Ecuador's Noboa declares new security state of emergency
May 22, 2024 05:39PM Argentina's economic activity down 8.4% in March, biggest drop since 2020
May 22, 2024 05:37PM Nvidia's strong forecast lifts shares of AI chipmakers
May 22, 2024 05:37PM Macron in riot-hit New Caledonia for high-stakes talks
May 22, 2024 05:33PM Republican US Senator Rick Scott announces run for Senate leader after McConnell retires
May 22, 2024 05:32PM UCLA police chief reassigned following mob attack on pro-Palestinian protesters
May 22, 2024 05:24PM Biden plans to visit Africa in February if he is re-elected
May 22, 2024 05:10PM DuPont to split into three companies, replaces CEO Ed Breen
May 22, 2024 05:02PM Colombia's Petro orders the opening of embassy in Palestinian territory
May 22, 2024 04:58PM DRC parliament elects speaker in delayed vote days after foiled coup
May 22, 2024 04:54PM North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags
May 22, 2024 04:50PM Hunter Biden's criminal tax trial delayed to Sept. 5
View Older Stories