Canadian inflation jumps in July, raising prospect of another rate hike
(Reuters) – Canada’s annual inflation rate surged more than expected to 3.3% in July as core measures eyed by the…
Crude oil retreats after weak China data; U.S. retail sales rise
Crude oil prices fell Tuesday as disappointing economic data raised further concerns about China’s economic recovery, even following Beijing’s unexpected…
U.S. stocks are falling after stronger-than-expected retail sales
U.S. stocks were falling on Tuesday as disappointing data out of China and stronger-than-expected retail sales data in the U.S.…
US retail sales increase more than expected in July
(Reuters) – U.S. retail sales increased more than expected in July as Americans boosted online purchases and dined out more,…
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
(Reuters) – Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer…
J.P. Morgan warns of sharper-than-expected slump in China residential market
(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat…
Siemens to make solar energy equipment for US market in Wisconsin
(Reuters) – German conglomerate Siemens (ETR:SIEGn) said on Tuesday it will start producing solar energy equipment in the United States…
Fisker deal with Tesla to adopt NACS by 2025
California-based, emerging electric vehicle maker, Fisker (NYSE:FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ:TSLA)…
Yuan falls to 9-month low after China rate cut, sterling rises after jobs data
(Reuters) – Sterling rose on Tuesday after data showed British basic wages grew at a record pace, adding to the…
Morgan Stanley remains bullish as Ford plans JV in China
Morgan Stanley reiterated an Overweight rating on Ford Motor (NYSE:F) with a 12-month price target of $16.00 after documents released…