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