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Global equity fund inflows at six-week high on soft US inflation, tariff truce

(Reuters) -Global equity funds logged their largest weekly inflows in six weeks in the week to August 13, lifted by a softer-than-expected U.S. inflation print and an extension of a tariff truce between the United States and China which boosted investor sentiment. Technology stocks drew ...
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Intel’s Frankfurt-listed shares rise 3.6% after report US could take stake in chipmaker

LONDON (Reuters) -Intel’s Frankfurt-listed shares rose 3.6% on Friday, a day after Bloomberg News reported the Trump administration is in talks with the struggling chipmaker to have the U.S. government potentially take a stake in the company. Intel’s U.S. shares surged more than 7% ...
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SoftBank payments app unit PayPay submits application for U.S. listing

TOKYO (Reuters) -Japan’s PayPay Corp has applied to list American depositary shares in the United States, its parent SoftBank Corp said on Friday. The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement. PayPay will ...
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North to Alaska: the meeting everyone’s been waiting for

(Reuters) – There seems to be very little standing in the way of stock-market bulls right now, but a landmark U.S./Russia summit in Alaska, a central bank shin-dig in Wyoming and elections in Bolivia, among other things, may imbue them ...
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China’s economy lags in July under pressure from tariffs and a weak property market

BANGKOK (AP) — China’s economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world’s second-largest ...
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Asian shares mostly gain after uptick in inflation pulls US stocks lower

MANILA, Philippines (AP) — Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected. U.S. futures rose while oil prices slipped. China reported ...
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Accenture to buy Australian firm CyberCX in its largest-ever cyber deal

(Reuters) -Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). Private equity firm BGH Capital is selling CyberCX. However, financial terms ...
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Morning Bid: Who’s afraid of a hot PPI?

A look at the day ahead in European and global markets from Gregor Stuart Hunter Did you really think that the mighty U.S. stock market was going to be stopped in its tracks by a measly PPI print, even if it was a blowout? Despite the ...
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Analysis-Powerful new AI models knock the wind out of European adopter stocks

By Lucy Raitano LONDON (Reuters) -A rout in shares of European companies embracing artificial intelligence deepened this week, as powerful new AI models raise questions about whether sectors from software to data analytics could find themselves overtaken by the technology. European software stocks, including Germany’s SAP ...
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Air Canada, union clash despite government pleas for deal to avert Saturday strike

By Allison Lampert MONTREAL (Reuters) -Air Canada and its unionized flight attendants remained at odds on Friday, despite government pleas for both sides to return to bargaining to avert a strike that would upend travel for tens of thousands of passengers. Canada’s largest carrier has said ...
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Finance Minister says Japan must watch economic backdrop to calls for BOJ rate hike

By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japan’s Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and price backdrop behind recent business sector calls for the central bank to raise interest rates. But specific monetary policy decisions were up ...
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Asia markets stumble as hot PPI print reins in Fed rate cut hype

By Gregor Stuart Hunter SINGAPORE (Reuters) -Stocks in Asia made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate cut at the Federal Reserve’s September meeting, while U.S. bonds and equity futures stabilised. MSCI’s broadest index of ...
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