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Dollar stays strong as Fed rate cut wagers wobble, data in focus

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar was steady on Thursday, holding its overnight gains, as traders weighed the prospect of a measured Fed easing cycle in the wake of a cautious tone from policymakers while awaiting data that may outline the impact of ...
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China’s Chery Automobile shares soar 11.2% in Hong Kong trading debut

By Scott Murdoch SYDNEY (Reuters) -Shares of Chinese car maker Chery Automobile jumped 11.2% as the company started trading on the Hong Kong Stock Exchange on Thursday following its $1.2 billion initial public offering. Chery, best known for its Chery, Jetour and iCAR brands, is tapping ...
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Japan’s corporate service inflation perks up in August

TOKYO (Reuters) -A leading indicator of Japan’s service-sector inflation perked up in August, data showed on Thursday, backing up the central bank’s view that rising labour costs will help keep inflation sustainably around its 2% target. The services producer price index, which tracks the price ...
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Australian job vacancies fall in August quarter, led by private sector

SYDNEY (Reuters) -Job vacancies in Australia fell back in the August quarter, led by a drop in the private sector, while the number of unemployed per opening edged higher, pointing to a slight loosening of the labour market. Figures from the Australian Bureau of Statistics ...
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Asian stock rally pauses for breath, yen struggles against crosses

By Stella Qiu SYDNEY (Reuters) -Asian shares took a breather from their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen tested fresh lows against the euro and a surging Swiss franc. Oil prices slipped, after surging over 2% ...
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Macquarie to repay Australian investors $211 million after pension fund collapse

By Scott Murdoch SYDNEY (Reuters) -Australia’s Macquarie Group, will repay A$321 million ($211.35 million) to thousands of customers who invested their retirement savings into the now-collapsed Shield Master Fund, the country’s corporate regulator said on Thursday. The Australian Securities and Investments Commission (ASIC) has launched Federal ...
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Kenya eyes US trade deal by end of year, seeks five-year extension to AGOA 

By Doyinsola Oladipo NEW YORK (Reuters) -Kenya’s President William Ruto said on Wednesday his country expects to sign a trade deal with the United States by year-end and that he will be pushing Washington to extend its duty-free agreement with Africa for at least five ...
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Qualcomm showcases new PC chip with features aimed at business market  

By Stephen Nellis SAN FRANCISCO (Reuters) -Qualcomm on Wednesday announced a suite of new chips for PCs and phones, including a PC chip with a new security feature for businesses that analysts say is likely the first of its kind. San Diego-based Qualcomm is one of ...
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Collins Aerospace working on restoring software for airlines hit by cyber attack

(Reuters) -RTX subsidiary Collins Aerospace is still working on restoring its onsite passenger processing software for airlines impacted by a cyber intrusion, the company said on Wednesday. (Reporting by Aishwarya Jain in Bengaluru) Brought to you by www.srnnews.com
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Air Canada expects operating income hit of $270 million due to labor disruptions

(Reuters) -Air Canada expects a hit of C$375 million ($269.82 million) to its operating income, citing labor disruptions, after its flight attendants went on a four-day strike in August, the carrier said on Wednesday. The company also provided a revised outlook for 2025 results, ...
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Canada to boost Indonesia exports to diversify non-US trade, says minister

By Promit Mukherjee OTTAWA (Reuters) -Canada aims to establish duty-free access for up to 95% of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement with one of Southeast Asia’s biggest markets. The ...
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South Korea’s Lee and Bessent discuss conditions for US tariff deal

SEOUL (Reuters) -South Korean President Lee Jae Myung told U.S. Treasury Secretary Scott Bessent that trade talks with the United States should be “commercially rational” and meet the interests of both countries, the president’s office said on Thursday. Lee spoke to Bessent at the United ...
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