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Speculators turn net long on yen for first time since February
3+ hour, 19+ min ago (148+ words) TOKYO, Sept 13 (Reuters) – Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday, a display of growing momentum behind Japan’s beleaguered currency. The yen has surged this month on…...
Swedes vote in election that could usher far right into government
6+ hour, 22+ min ago (584+ words) By Simon Johnson and Niklas Pollard STOCKHOLM, Sept 13 (Reuters) – Swedes vote in an election on Sunday that will either bring a far-right party into government for the first time or shift the country back towards the liberalism it has long…...
Boeing and engineers’ union reach tentative contract agreement
1+ day, 6+ hour ago (66+ words) SEATTLE, Sept 11 (Reuters) - Boeing and its engineering union reached a tentative contract agreement on Friday, union officials said. (Reporting by Dan Catchpole in Seattle; Editing by Tom Hogue)... Boeing and engineers’ union reach tentative contract agreement SEATTLE, Sept 11 (Reuters) – Boeing…...
Apollo Global in talks to acquire J&J’s orthopedics unit, Bloomberg News reports
1+ day, 7+ hour ago (147+ words) Sept 11 (Reuters) – Apollo Global Management is in talks to acquire Johnson & Johnson’s orthopedics unit in a deal that could value it at close to $20 billion, Bloomberg News reported on Friday, citing sources. Several private equity firms are interested to potentially…...
Lula maintains lead over Flavio Bolsonaro ahead of Brazil election, Datafolha poll shows
1+ day, 8+ hour ago (169+ words) SAO PAULO, Sept 11 (Reuters) – Brazilian President Luiz Inacio Lula da Silva maintained the numerical lead over Senator Flavio Bolsonaro in a potential runoff of the October election, a Datafolha poll showed on Friday. • Lula is seen with 46% of the vote…...
Swedish PM-hopeful Andersson preaches unity but needs to heal opposition split
1+ day, 23+ hour ago (423+ words) STOCKHOLM, Sept 11 (Reuters) – Cooperation rather than conflict is the promise Swedish Social Democrat leader Magdalena Andersson is offering voters as she seeks a return to the prime minister’s office in Sunday’s election. A former national level swimmer who colleagues describe…...
Japan to maintain close communication with US on currency markets, Katayama says
2+ day, 3+ hour ago (130+ words) TOKYO, Sept 11 (Reuters) – Japanese Finance Minister Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States to ensure orderly foreign exchange markets. “Our policy stance has not changed at all since Japan and…...
BOJ set to lift rates next week but offer few clues on terminal, sources say
2+ day, 3+ hour ago (736+ words) By Leika Kihara and Takahiko Wada TOKYO, Sept 11 (Reuters) – The Bank of Japan is set to raise interest rates next week, most likely by 25 basis points, and may signal faster future tightening if price pressures heighten risks of an inflation…...
Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
2+ day, 4+ hour ago (135+ words) HONG KONG/SHANGHAI, Sept 11 (Reuters) – Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188% higher in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering. The stock opened at 410 yuan versus its…...
Japan’s wholesale inflation stays elevated in August, boosts case for rate hike
2+ day, 5+ hour ago (311+ words) TOKYO, Sept 11 (Reuters) – Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the…...