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Monday, August 11
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Bolivia’s election may spell the end of its long-ruling left. Here’s what to know
LA PAZ, Bolivia (AP) — For most of Renan Aliaga’s adult life, a single name dominated the politics of Bolivia: Evo Morales. Morales, a former union leader for coca farmers, founded the Andean nation’s most successful political party and transformed Bolivia over three consecutive terms ...
Monday, August 11
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US consumer prices likely increased marginally in July; data quality concerns rising
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices likely increased moderately in July, though rising costs for goods like household furniture and apparel because of import tariffs probably resulted in a measure of underlying inflation posting its largest gain in six months. The Consumer Price Index ...
Monday, August 11
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Analysts react to Japan’s Nikkei scaling record high
TOKYO (Reuters) -Japan’s Nikkei gauge of blue-chip stocks powered to a record high on Tuesday, taking its cue from all-time peaks scaled by many global markets this year. Here are analysts’ comments about the rally in Japanese stocks: SHOICHI ARISAWA, GENERAL MANAGER OF THE INVESTMENT ...
Monday, August 11
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Dodgers star Shohei Ohtani and agent accused of sabotaging $240M Hawaii real estate project
A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a $240 million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse. According ...
Monday, August 11
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Trump’s trade war with China in 2025
By Liz Lee and Shi Bu BEIJING (Reuters) -U.S. President Donald Trump has targeted top economic rival China with a cascade of tariff orders on billions of dollars of imported goods aimed at narrowing a wide trade deficit, bringing back lost manufacturing and crippling the ...
Monday, August 11
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By Jaspreet Kalra SINGAPORE (Reuters) -Most Asian stocks rose on Tuesday, buoyed by an extension of a tariff truce between the world’s two largest economies, while Japanese shares hit an all-time peak, powered by tech shares after returning from a long weekend break. U.S. President Donald ...
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Monday, August 11
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By Kevin Buckland TOKYO (Reuters) -The U.S. dollar held steady on Tuesday, with markets braced for a key consumer inflation report later in the day that could shape expectations for Federal Reserve interest rate cuts. The Australian dollar was steady hours before a policy decision by the ...
Monday, August 11
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Australia business mood brightens as activity holds up
SYDNEY (Reuters) -A measure of Australian business confidence rose to a three-year high in July thanks to strength in services and construction, a survey showed on Tuesday, though rising costs also put upward pressure on retail prices. The survey from National Australia Bank showed ...
Monday, August 11
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Oil gains as US-China tariff pause extension boosts trade hopes
By Anjana Anil (Reuters) -Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and crimp fuel demand in the world’s two largest oil consumers. Brent ...
Monday, August 11
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Star Entertainment revives bid to sell 50% stake in Brisbane resort, AFR reports
(Reuters) -Australia’s Star Entertainment has restarted efforts to sell its 50% interest in the A$3.6 billion ($2.35 billion) Brisbane resort, striking an agreement with its Hong Kong-based investors, the Australian Financial Review reported on Tuesday. The planned stake sale collapsed earlier this month after investors ...
Monday, August 11
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Analysis-Trump’s unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say
By Karen Freifeld, Arsheeya Bajwa and Alexandra Alper (Reuters) -U.S. President Donald Trump upended decades of U.S. national security policy, creating an entirely new category of corporate risk, when he made a deal with Nvidia to give the U.S. government a cut of its sales ...
Monday, August 11
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Brazil cosmetic maker Natura swings to profit in Q2
SAO PAULO (Reuters) -Brazilian cosmetic maker Natura posted on Monday a second-quarter net profit of 195 million reais ($35.8 million), reversing a 859 million real net loss from the same period last year. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and ...
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