Europe’s STOXX 600 rises on boost from energy, tech stocks
By Shashwat Chauhan (Reuters) -Europe’s STOXX 600 advanced on Thursday, led by energy and technology stocks, buoyed by broadly upbeat earnings across sectors. The pan-European STOXX 600 index was up 0.3%, although it was pinned near a three-month low, after…
NetEase earnings missed by ¥0.64, revenue fell short of estimates
Investing.com – NetEase (NASDAQ: NTES) reported third quarter EPS of ¥11.63, ¥0.64 worse than the analyst estimate of ¥12.27. Revenue for the quarter came in at ¥26.21B versus the consensus estimate of ¥26.69B. NetEase’s stock price closed at ¥76.28. It…
Morning Bid: Bitcoin sparkles as Trump trades roll on
A look at the day ahead in European and global markets from Ankur Banerjee With President-elect Donald Trump’s Republican Party looking likely to claim a majority in both chambers of Congress, the so-called Trump trades are showing no signs of…
IMF’s Pakistan mission chief holds initial meeting with finance minister
ISLAMABAD (Reuters) – The International Monetary Fund’s Pakistan mission chief Nathan Porter held an initial meeting with the country’s finance minister in Islamabad on Tuesday, the finance ministry said in a statement. The unscheduled visit of the IMF mission chief…
Japan’s political lynchpin Tamaki aims to unleash Yellen-inspired economic boom
By Makiko Yamazaki and John Geddie TOKYO (Reuters) – Yuichiro Tamaki, the leader of a small opposition party now able to wield outsized political influence, had long puzzled over how best to revive a moribund deflation-entrapped Japanese economy. A former…
UK unemployment rate rose more than expected in September
Investing.com – The UK unemployment rate increased by more than expected in September, data showed Tuesday, piling the pressure on the Bank of England to continue easing monetary policy. According to the Office for National Statistics, the UK jobless rate…