China January new loans jump but miss forecasts as weak demand persists
By Shi Bu and Kevin Yao BEIJING, Feb 13 (Reuters) - China's new bank lending jumped in January from the previous month but was below expectations and far short of the record level a year earlier, as subdued credit demand continued to weigh on borrowing...
27m ago
EU trade keeps taking hits from US tariffs and Chinese competition, data show
FRANKFURT, Feb 13 (Reuters) - The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to the bloc's economic m...
37m ago
Applied Materials jumps as AI demand drives chipmaking tool orders
Feb 13 (Reuters) - Applied Materials' shares jumped 11.7% in premarket trading on Friday as investors bet that surging AI demand and a tightening memory market will continue to drive orders for the company's chipmaking tools, after it forecast second...
47m ago
L'Oreal seen falling 5-7% after slight sales miss
Feb 13 (Reuters) - Traders called L'Oreal shares to open between 5% and 7% lower on Friday, after the French beauty major's fourth-quarter sales slightly missed analysts' forecasts. The Paris-based owner of Maybelline, whose quarterly revenue ...
2h ago
Take Five: Giddy Up
Feb 13 (Reuters) - Much of Asia will be off to celebrate the Lunar New Year as the year of the fire horse begins, a rare combination said to pair elements of energy with volatility. Markets will hope for signs of the former from consumer bellwether Wal...
2h ago
Turkey detains 16 in OnlyFans probe, seizes $6.9 million in assets
ANKARA, Feb 13 (Reuters) - Turkey detained 16 people and seized assets worth about 300 million lira ($6.9 million) on Friday in an investigation into alleged money laundering linked to content shared on the OnlyFans platform, prosecutors said. The pr...
3h ago
German foreign minister: some in NATO irritated by US remarks
FRANKFURT, Feb 13 (Reuters) - Germany's foreign minister said on Friday that recent comments by U.S. government representatives have caused irritation within NATO, and the Munich Security Conference is an opportunity to overcome differences. "Thi...
3h ago
German wholesale prices rise 1.2% in January
Feb 13 (Reuters) - German wholesale prices rose by 1.2% in January compared with the same month last year, according to data released by the federal statistics office on Friday. The office provides more detailed economic data on its web...
3h ago
Germany's far-right woos unhappy car workers
By Rachel More, Sarah Marsh and Andreas Rinke STUTTGART, Germany, Feb 13 (Reuters) - On a dark February morning at Mercedes-Benz's vast Untertuerkheim plant, workers arriving for the early shift are met by activists from Zentrum, a self-styled union af...
3h ago
In Karachi, sober raves offer Gen Z a new kind of nightlife
By Ariba Shahid KARACHI, Feb 13 (Reuters) - Under neon lights at an indoor sports club in Karachi, twenty-somethings drifted between glowing courts and a DJ booth, dancing with coffee cups and iced tea in hand. No alcohol. No drugs. And the music ended...
3h ago
