Next raises guidance, shares jump
-- Shares of Next Plc (LON:NXT) rose over 2% on Tuesday after the retailer raised its full-year guidance, following a stronger-than-expected trading performance...
-- Shares of Next Plc (LON:NXT) rose over 2% on Tuesday after the retailer raised its full-year guidance, following a stronger-than-expected trading performance...
OSLO (Reuters) - Volvo (OTC:VLVLY) Cars' sales fell by 3% year-on-year in December to 73,804 cars, the Sweden-based automaker said on Tuesday.
- European stock markets fell Tuesday, handing back some of the previous session’s healthy gains ahead of the release of key eurozone inflation data. At 03:10 ET...
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) - Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap...
Redfin chief economist Daryl Fairweather joins Asking for a Trend to explain that while an increase in available home listings appears helpful to prospective homebuyers, these homes may be sitting on the market longer due to overpricing and various other realty obstacles. Fairweather discusses the "stalemate" situation where homeowners feel hesitant to lower their asking prices because they’re holding onto low mortgage rates. "A lot of homeowners record low mortgage rates, and they're not really willing to budge on price because they feel like it's not worth it for them to sell and then have to buy again if they're not getting a high enough price on the home that they currently have," Fairweather explains. Fairweather says the stalemate is going to have to "resolve somehow," mentioning homeowners lowering their price or delisting as possible answers. She goes on to comment on the trajectory of mortgage rates in the latter half of 2025, believing they will "stay flat" while exhibiting volatility that is to be expected. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Josh Lynch
TOKYO (Reuters) - Large Japanese firms are likely to increase wages by about 5% in 2025, same as last year, the chair of a major business lobby said on Tuesday, while pledging...
By Max A. Cherney and Stephen Nellis (Reuters) -Nvidia on Monday took the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming...
– Japan stocks were higher after the close on Tuesday, as gains in the Mining, Power and Chemical, Petroleum & Plastic sectors led shares higher. At the close in...
TAIPEI (Reuters) - Taiwan's Foxconn (SS:601138), the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on...
By Rae Wee SINGAPORE (Reuters) -Asia's shares followed Wall Street's positive lead on Tuesday as some investors hoped U.S. President-elect Donald Trump would adopt less aggressive...