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Singapore's lowest GDP growth in two years comes with manufacturing warning
SINGAPORE (Reuters) - Singapore's economy grew at its slowest pace in more than two years in the fourth quarter, data showed on Friday, and the city-state's trade ministry warned that manufacturing is likely to face significant moderation this year.
Stocks may open lower
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 27 points at the opening bell.
ONGC in focus after Q3 results
ONGC's net profit rose 64.8% to Rs 8,262.70 crore on 20.4% increase in net sales to Rs 27,694.09 crore in Q3 December 2018 over Q3 December 2017. The result was announced after market hours yesterday, 14 February 2019.
Jaitley to resume charge as Finance Minister today
Union Minister Arun Jaitley, who had undergone treatment in the United States for around a month, will resume charge as the Finance Minister on Friday, sources said.In view of Jaitley's indisposition, his portfolios of Finance and Corporate Affairs were temporarily assigned to Railway Minister Piyush Goyal in addition to his existing portfolios.The Union Minister returned to India on February 9 after being treated in New York. Jaitley, who was designated as 'Minister Without Portfolio', underwent renal transplant last year at the All India Institutes of Medical Sciences (AIIMS) here. Although Jaitley was away from India, he remained active on Twitter and was regular with his blog posts.
Asian stocks fall after weak U.S. data, crude oil buoyant
TOKYO (Reuters) - Asian stocks fell on Friday after weak U.S. retail sales figures raised fresh doubts about the strength of the world's largest economy, offsetting optimism towards trade talks between the United States and China.
Japan Exchange Group, TOCOM to merge this year: sources
TOKYO (Reuters) - Japan Exchange Group Inc (JPX), owner of Tokyo Stock Exchange, and the Tokyo Commodity Exchange Inc have decided to merge, two sources with direct knowledge of the talks said, as Japan pushes to create an all-in-one bourse.
Global Markets: Asian stocks slip after grim U.S. retail sales data
TOKYO (Reuters) - Asian stocks slipped on Friday after grim U.S. retail sales figures raised fresh doubts about the strength of the U.S. economy, offsetting optimism on trade talks between the United States and China.
Prominent investors stock up on eBay, then activists flex muscle
NEW YORK (Reuters) - EBay Inc.'s stock price slumped for most of last year but a number of prominent hedge funds were so convinced that change is on the horizon for the e-commerce company that they established new or added to existing positions in the last months of 2018.
U.S. oil rallies as exporters trim production
SYDNEY (Reuters) - U.S. oil prices rose on Friday, gaining for a fourth day on hopes of further supply cuts by major exporters, despite uncertainty about U.S.-China trade talks.
Gold prices firm as dollar eases on grim U.S. retail sales
(Reuters) - Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's "patient" monetary policy approach.
South Korea resumes Iranian oil imports in January, but at lower level
SEOUL (Reuters) - South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76 percent from the same month last year.
Big hedge funds dumped China stocks, Apple as market tumbled
NEW YORK (Reuters) - Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday.
Chance of a U.S. recession up, number of Fed rate hikes down: Reuters poll
BENGALURU (Reuters) - There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates next month, according to a Reuters poll of economists who now expect only one rate hike this year.
CBS misses on profit, revenue but network hits streaming subscribers milestone
(Reuters) - CBS Corp generated less quarterly profit and revenue than Wall Street expected, but the network announced plans on Thursday to have 25 million streaming subscribers by 2022.
U.S. trade envoys to meet China's Xi, no decision on deadline extension
WASHINGTON/BEIJING (Reuters) - The Trump administration's top two negotiators in trade talks with China will meet on Friday with Chinese President Xi Jinping, but there has been no decision to extend a March 1 U.S. deadline for a deal, White House economic adviser Larry Kudlow said on Thursday.
Nvidia full-year sales outlook tops analyst views; shares rise
(Reuters) - Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.
US stocks close mixed amid retail sales tumble
US stocks ended mixed as tech-related stocks' strong performance offset part of the negative impact caused by the unexpected biggest fall of US retail sales in December 2018 in nine years.
Explainer: What's at stake in U.S.-China trade talks
WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer out a trade deal to ease a trade war and avert an increase in U.S. tariffs on Chinese goods scheduled for March 2.
GE shrinks Boston headquarters plan; state to get $87 million back
NEW YORK (Reuters) - General Electric Co scrapped plans for a 12-story headquarters office tower on Boston's waterfront on Thursday, choosing instead to lease smaller buildings nearby and return $87 million in incentives to the state of Massachusetts.