Featured Reuters
Oil prices rise as US official eases market concerns over economic headwinds
By Georgina McCartney (Reuters) - Oil prices rose in early trade on Friday, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quarter data, ...
Global economy set to stay on a roll for the rest of the year - Reuters poll
By Hari Kishan BENGALURU (Reuters) - The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth ...
Japan concerned about weak yen's negative effects, Finance Minister says
By Satoshi Sugiyama and Makiko Yamazaki TOKYO (Reuters) -Japan is concerned about negative effects of the weak yen, Finance Minister Shunichi Suzuki said on Friday, in a fresh warning against speculators as the currency has continued to slide to lows ...
BHP shares drop on value concerns after $39 billion bid for Anglo American
By Scott Murdoch and Melanie Burton (Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. BHP ...
Inflation in Japan's capital slows more than expected, slides below BOJ goal
By Leika Kihara TOKYO (Reuters) -Core inflation in Japan's capital slowed much more than expected in April and fell below the central bank's 2% target, data showed on Friday, complicating its decision on how soon to raise interest rates. The reading ...
Bank of Japan may signal near-term rate hike with new price forecasts
By Leika Kihara TOKYO (Reuters) -The Bank of Japan on Friday is set to project inflation will stay near its 2% target in coming years and signal its readiness to raise interest rates from near-zero, in hope of keeping yen bears from pushing the ...
FICO posts higher profit on scores business strength
(Reuters) - Credit scoring giant Fair Isaac Corp posted a rise in second-quarter profit on Thursday, helped by robust demand for its scores and software businesses. The seven-decade-old company is best known for its FICO Score, the standard ...
Weyerhaeuser beats quarterly profit estimates on high real estate demand
(Reuters) - U.S. forest product firm Weyerhaeuser on Thursday beat estimates for first-quarter profit on increased demand for housing construction. Tight supply of existing homes in the United States pushed buyers to opt for newly made houses, ...
Capital One's first-quarter profit jumps on interest income boost
(Reuters) - Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates. Net interest income (NII) - the difference between what it makes on loans and pays out on ...
As demand for US LNG booms, one plant struggles to stay online
By Curtis Williams HOUSTON (Reuters) - The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since ...