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Economy

Economy

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…
Economy

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…
Economy

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…
Economy

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…
Economy

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…
Economy

‘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…
Economy

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,…
Economy

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…
Economy

Investors turn short on most Asian FX as dollar strength prevails- Reuters poll

By Roushni Nair (Reuters) – Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year…
Economy

Japan premier Ishiba vows big spending, drifts away from fiscal restraint

By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba’s administration has pledged to draft another big spending package, shifting further…
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