Starbucks strike to expand to over 300 US stores on Christmas Eve, union says
(Reuters) – A strike at Starbucks (NASDAQ:SBUX)’ U.S. stores will expand to over 300 stores on Tuesday, with more than 5,000 workers expected to walk off the job, before the five-day work stoppage ends later on Christmas Eve, the workers’…
Taiwan stocks higher at close of trade; Taiwan Weighted up 2.64%
Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Semiconductor, Electronics and Electrical/Machinery sectors led shares higher. At the close in Taiwan, the Taiwan Weighted rose 2.64%. The best performers of the session on…
Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years
By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’ forecasts and the smallest rise in nearly three years, official data showed on Monday. The core inflation…
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market…
Taiwan warns defence could suffer under opposition’s funding laws
TAIPEI (Reuters) – Taiwan’s cabinet warned on Monday the island’s security might be at risk after opposition parties passed laws that will require cuts in government spending, including defence, at a time when China has ramped up military activity nearby….
Lagarde says ECB very close to reaching its inflation goal, FT reports
(Reuters) -European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the central bank’s medium-term inflation goal, according to an interview published by the Financial Times on Monday. Earlier in December, Lagarde had…