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Reuters
@reuters.com
· 35m
Sterling strengthens against weaker dollar, Reeves' budget plans in focus
The pound firmed against a broadly weaker dollar on Wednesday, as Britain's finance minister Rachel Reeves confirmed tax rises and spending cuts are on the horizon, and market focus stays on the Bank of England's rate path.
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Reuters
@reuters.com
· 45m
Wall Street futures rise on boost from chip stocks; bank earnings in focus
U.S. stock index futures rose on Wednesday as chipmakers rallied after ASML's results, while investors awaited earnings from Bank of America and Morgan Stanley following strong reports from lenders that helped lift markets in the prior session.
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Reuters
@reuters.com
· 50m
Investors on guard for risks that could derail the AI gravy train
Optimism over the profit potential of artificial intelligence has helped drive the U.S. stock market to record highs, but investors are looking for weak spots that could emerge in the AI trade and have identified some risks to watch for.
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Reuters
@reuters.com
· 55m
India's trade deficit widens to 11-month high of $32.15 bln in September
India's merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after President Donald Trump's doubling of tariffs to 50% on several Indian goods in late August.
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Reuters
@reuters.com
· 1h
South Korea issues travel ban for parts of Cambodia after nationals trapped in scam centres
South Korea issued a "code-black" travel ban for parts of Cambodia on Wednesday and dispatched a team of high-level officials to help nationals lured into working in scam compounds and secure the release of those held against their will.
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Reuters
@reuters.com
· 1h
Norway proposes widening EV tax to include mass-market Tesla models
Norway plans to eliminate its main subsidy for electric vehicles over the next two years, the government said on Wednesday, adding thousands of dollars to the cost of new cars like Tesla's Model Y, the country's top-selling automobile.
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