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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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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