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European Shares See Cautious Gains Ahead Of Powell's Speech

European stocks were seeing modest gains in choppy trade on Tuesday, as growth worries lingered, and investors awaited a speech by Federal Reserve Chairman Jerome Powell later in the day for clues to any change in the U.S. central bank's rhetoric.
RTTNews | 736 gün önce
Boeing To Cut About 2000 Finance, HR Jobs In 2023

Boeing To Cut About 2000 Finance, HR Jobs In 2023

Boeing Co. plans to cut about 2,000 jobs this year primarily in finance and human resources through a combination of attrition and layoffs, reports said. With the planned cuts, the aerospace and defense major aims to simplify its corporate structure as it focuses on engineering and manufacturing. The company reportedly would outsource some jobs overseas, mainly to India-based Tata Consulting...
RTTNews | 736 gün önce
CAC 40 Little Changed As BNP Paribas Misses Q4 Expectations

CAC 40 Little Changed As BNP Paribas Misses Q4 Expectations

French stocks were largely steady on Tuesday, as BNP Paribas raised its 2025 targets and announced a 5 billion-euro share buyback program in 2023, despite posting a lower-than-expected profit in the fourth quarter.
RTTNews | 736 gün önce
Philippine Inflation Rises To 8.7%, Highest Since December 2008

Philippine Inflation Rises To 8.7%, Highest Since December 2008

The Philippines' consumer price inflation accelerated unexpectedly at the start of the year to the highest level in just over fourteen years, largely driven by higher costs for utilities and food products, data from the Philippine Statistical Authority showed on Tuesday, raising the likelihood of yet another rate hike from the central bank next week.
RTTNews | 736 gün önce
Asian Shares Mixed Ahead Of Powell's Speech

Asian Shares Mixed Ahead Of Powell's Speech

Asian stocks ended mixed on Tuesday and the dollar rally paused as investors assessed the outlook for growth and interest rates in developed economies.
RTTNews | 736 gün önce
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Australia Lifts Rate By 25 Bps, Signals More Hikes On Cards

Australia Lifts Rate By 25 Bps, Signals More Hikes On Cards

Australia's central bank raised its benchmark rate by a quarter-point and tweaked its forward guidance triggering expectations for more hikes. At the first board meeting of the year, the Reserve Bank of Australia policymakers decided to lift the cash rate target by 25 basis points to 3.35 percent. The rate decision came in line with expectations.
RTTNews | 736 gün önce
European Economic News Preview: Germany Industrial Output Data Due

European Economic News Preview: Germany Industrial Output Data Due

Industrial production from Germany and house prices from the UK are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for December. Production is expected to fall 0.7 percent on month, reversing a 0.2 percent rise in November.
RTTNews | 736 gün önce
Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares gave up early gains to trade lower on Tuesday, tracking mixed cues from global markets and ahead of the Reserve Bank of India's monetary policy decision due Wednesday.
RTTNews | 736 gün önce
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and continued to refrain from creating fresh long positions. They are likely to keep an eye on remarks by US Federal Reserve Chair Jerome Powell later in the day for additional clues about the outlook for further rate hikes.
RTTNews | 736 gün önce

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