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News

China's GDP expands 5.2% in Q4, misses market forecast

INSTANT VIEW-China's GDP expands 5.2% in Q4, misses market forecast Jan 17 (Reuters) - China's economy expanded 5.2% in the fourth quarter from a year earlier, official data showed on Wednesday, missing analysts' expectations slightly but still making it possible for Beijing to meet its annual growth target. Analysts had expected growth in gross domestic product (GDP) to pick up from the third-quarter's 4.9% pace due to a slew of policy support measures, but have cautioned more stimulus is likel
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Capitulating recession calls meet market restraint :Mike Dolan

RPT-COLUMN-Capitulating recession calls meet market restraint :Mike Dolan Repeats article that ran at 0600 GMT with no changes to text By Mike Dolan LONDON, July 26 (Reuters) - Even as fears of a 2023 U.S. recession recede and stock market bears concede defeat, there's scant sign of party mode. This pandemic-distorted cycle - compounded by war, energy price shocks and reshaped geopolitics - is proving too complex to extrapolate easily.
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Nasdaq leads session gains but Dow boasts a 12-day streak

LIVE MARKETS-Nasdaq leads session gains but Dow boasts a 12-day streak Wall Street indexes gain with Nasdaq out front, adding 0.6% Materials biggest S&P sector gainer up 1.8%; real estate biggest loser, off 0.7% Gold up, crude rises ~1%; dollar edges down, bitcoin edges higher U.S. 10-year Treasury yield rises to ~3.89% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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What people are saying about Ant Group's $984 mln fine and share buyback

QUOTES-What people are saying about Ant Group's $984 mln fine and share buyback Adds LightStream Research analyst quote July 10 (Reuters) - China's Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some investors exit.
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Hopes of political change, surging inflation lure hedge funds to Argentinian stocks

Hopes of political change, surging inflation lure hedge funds to Argentinian stocks By Amruta Khandekar and Siddarth S July 6 (Reuters) - Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given sky-high inflation, pushing the country's benchmark stock index to a record high.
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