LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – LG Display said on Tuesday that it…
Global stocks down as big rate cut hopes fade, dollar rises
NEW YORK (Reuters) – A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting were…
Stocks gain on Fed rate cut optimism; oil drops
NEW YORK (Reuters) – A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a…
Big banks beat profit expectations but warning signs grow
(Reuters) – Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry. While the…
Wells Fargo tempers cost-cutting outlook
(Reuters) – Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest…
JPMorgan beats profit estimates but shows signs of pressure
(Reuters) – JPMorgan Chase & Co (JPM.N) reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks.…
China data steadies stocks as U.S. earnings get underway
NEW YORK (Reuters) – A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness…
World stocks rise as bond yields buoy financials; oil drops
NEW YORK (Reuters) – A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street’s benchmark index advance, while oil prices fell on a…
Tempered expectations of Fed rate cut sink stocks globally
NEW YORK (Reuters) – A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in…
Take Five: World markets themes – Losing interest
(Reuters) – 1/I’M GOIN’ DOWN… The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 4, 2019. REUTERS/Staff How low can you go?…