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Thai January factory output falls 4.6% year-on-year, down for ninth month

Economic IndicatorsFeb 26, 2020 01:45AM ET (C) Reuters. Thai January factory output falls 4.6% year-on-year, down for ninth month BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) contracted for a ninth straight month in January, down 4.59% from a year earlier, on lower production of cars, sugar and palm oil, the industry ministry said on […]

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Forex – Dollar Inches Up; CDC Warns of Potential Coronavirus Outbreak in U.S.

ForexFeb 26, 2020 12:57AM ET (C) Reuters. By Alex Ho Investing.com – The U.S. dollar inched up on Wednesday in Asia, but the gains were capped as Federal health authorities warned that they expect a wider spread of the coronavirus in the state. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases […]

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Singapore factory output unexpectedly rises in January

Economic IndicatorsFeb 26, 2020 12:16AM ET (C) Reuters. Singapore factory output unexpectedly rises in January SINGAPORE (Reuters) – Singapore’s industrial output unexpectedly rose in January and soared past analysts’ estimates, underpinned by a spike in pharmaceutical production, data showed on Wednesday. Manufacturing output in January rose 3.4% on-year, data from the Singapore Economic Development Board […]

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Rivals question front-runner Sanders’ electability at rowdy South Carolina Democratic debate

(C) Reuters. Democratic 2020 U.S. presidential candidates Senator Klobuchar participates in the tenth Democratic 2020 presidential debate in Charleston, South Carolina, U.S. By Jarrett Renshaw and Trevor Hunnicutt CHARLESTON, S.C. (Reuters) – Surging Democratic presidential front-runner Bernie Sanders came under withering fire in a boisterous debate in South Carolina on Tuesday, as rivals attacked the […]

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Thailand’s January foreign tourist arrivals rise 2.5% year-on-year: ministry

Economic IndicatorsFeb 25, 2020 09:36PM ET (C) Reuters. Thailand’s January foreign tourist arrivals rise 2.5% year-on-year: ministry BANGKOK (Reuters) – Tourist arrivals in Thailand rose 2.46% in January from a year earlier after a 2.48% increase in the previous month, the tourism ministry said in a statement on Thursday. A total of 3.81 million tourists […]

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Republicans look to drop domestic spying on U.S. phones, texts

PoliticsFeb 25, 2020 05:57PM ET (C) Reuters. FILE PHOTO: A person looks at their phone at a gate to Area 51 in Rachel, Nevada By David Morgan WASHINGTON (Reuters) – U.S. Senate Republicans on Tuesday reacted skeptically to the Trump administration’s request to continue a controversial but inactive domestic surveillance program that collects data on […]

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U.S. dollar falls as expectations of a Fed rate cut rise

EconomyFeb 25, 2020 03:21PM ET By Kate Duguid NEW YORK (Reuters) – The U.S. dollar index weakened on Tuesday as expectations grew that the Federal Reserve would cut interest rates this year to relieve pressure on the economy caused by China’s coronavirus outbreak. The dollar rose last week to its highest level in years as […]

AMERICA INVESTING STOCK MARKETS

Stocks making the biggest moves premarket: IBM, Morgan Stanley, Honeywell, Netflix & more

Morgan Stanley – Morgan Stanley reported third-quarter profit of $1.27 per share, beating estimates by 16 cents a share. Revenue also beat analysts’ forecasts. Chairman and CEO James Gorman said the quarter was a strong one despite a typical summer slowdown and volatile markets. Honeywell – Honeywell beat estimates by 7 cents a share, with […]

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Impeachment: Trump envoy testifies about Ukraine

WASHINGTON – Gordon Sondland, the U.S. ambassador to the European Union, told the House impeachment panel investigating President Donald Trump on Thursday that he was disappointed that he had to consult with the president’s personal lawyer, Rudy Giuliani, on Ukraine policy. Sondland also told the committees – Foreign Affairs, Intelligence, and Oversight and Reform – that withholding military […]

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Rep. Elijah Cummings’ death comes after procedure kept him away from office for weeks

Many are mourning the passing of Baltimore native Rep. Elijah Cummings, who died at the age of 68 early Thursday morning.   The Maryland Democrat died at Gilchrist Hospice Care, which is affiliated with Johns Hopkins Hospital, around 2:30 a.m. EDT from “complications concerning longstanding health challenges,” his office confirmed in a statement. He underwent […]