LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Intended or not,…
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) – Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc’s December quarter,…
Analysis-Chinese developers’ offshore creditors eye bargains; cautious on demand
By Davide Barbuscia, Samuel Shen and Xie Yu NEW YORK/SHANGHAI/HONG KONG (Reuters) – Some offshore bondholders are scouting for bargains…
UK businesses report easing price pressures: BoE survey
By David Milliken LONDON (Reuters) -British businesses reported cooling price pressures but warned of lower employment and investment ahead, in…
Credit Suisse shares get closer to offer price in $2.4 billion cash call
MILAN (Reuters) – Credit Suisse shares fell to a fresh record low on Thursday approaching the offer price of the…
J.P.Morgan cuts 2023 S&P 500 earnings forecast by 9%
(Reuters) – J.P.Morgan on Thursday cut its 2023 earnings forecast for S&P 500 companies, citing weaker demand and pricing power,…
Global manufacturing gloom dims UK activity: PMI survey
LONDON (Reuters) – British manufacturing activity fell for a fourth month in a row in November, as businesses faced the…
Hong Kong retail sales rise in October, outlook challenging
HONG KONG (Reuters) – Hong Kong’s retail sales rose in October helped by improved tourism from eased pandemic restrictions and…
China will move to protect its firms following U.S. telecoms ban
BEIJING (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry…
When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023
By Harish Sridharan (Reuters) – Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in…