ReportWire

Tag: newsplus

  • Rheinmetall Joint Venture Invests $577 Million to Produce Propellant Powder in Romania

    [ad_1]

    Rheinmetall RHM 2.85%increase; green up pointing triangle and Pirochim Victoria said they will invest over 500 million euros ($576.9 million) in a new propellant powder plant in Romania.

    The German arms maker and the Romanian defense company signed a deal Monday to form a joint venture, with Rheinmetall holding 51% and Pirochim owning the remainder, Rheinmetall said.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Cristina Gallardo

    Source link

  • Tariff-Driven Shifts Continue to Shape Asia’s Manufacturing Activity

    [ad_1]

    Factory activity gauges in Asia reflected a divergence across major exporting economies, as worries over U.S. tariffs continued to cause shifts in supply chains.

    The latest set of S&P Global purchasing managers indexes showed that goods producers in export powerhouses South Korea and Taiwan flagged deteriorating demand last month, but Southeast Asian countries like Vietnam and Thailand recorded a pickup in new orders.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Kimberley Kao

    Source link

  • China Manufacturing Gauge Signals Weaker Growth Momentum

    [ad_1]

    A private gauge of China’s manufacturing activity showed Chinese factories continued to expand production in October, albeit at a slower pace, signaling weaker growth momentum heading into the fourth quarter of the year.

    The RatingDog China General Manufacturing Purchasing Managers’ Index, compiled by S&P Global, declined to 50.6 last month from 51.2 in September, according to a statement released Monday.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Source link

  • BOE to Embrace Uncertainty, and Bernanke’s Guidance, With Communications Revamp

    [ad_1]

    The central bank place will more emphasis on developments that could upend its expectations and less on forecasts that convey too much certainty about the future.

    [ad_2]

    Paul Hannon

    Source link

  • China Factory Activity Gauge Signals Deepening Manufacturing Gloom

    [ad_1]

    Economic momentum continued to weaken for the world’s second-largest economy, with a manufacturing gauge signaling mounting headwinds.

    [ad_2]

    Source link

  • Japan-U.S. Outline Investment Plan; Trump Says Toyota to Invest $10 Billion in U.S. Auto Plants

    [ad_1]

    TOKYO—President Trump said Japanese auto giant Toyota is poised to invest $10 billion in auto plants in the U.S., coming as Tokyo released some details about the over half a trillion dollars it has pledged to invest in America as part of a trade deal.

    Trump made the remark while addressing U.S. military personnel in Japan, saying that Japanese Prime Minister Sanae Takaichi told him of the carmaker’s plan.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Yang Jie

    Source link

  • China Industrial Profits Keep Up Strong Growth

    [ad_1]

    China’s industrial profits rose sharply in September, extending momentum from a stronger-than-expected increase in August.

    Industrial profits rose 21.6% from a year earlier in September, following a 20.4% rise in August that ended a three-month run of declines, data from the National Bureau of Statistics showed on Monday.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Source link

  • Russia’s Central Bank Cuts Key Rate as New Sanctions Loom

    [ad_1]

    Russia’s central bank on Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union in response to President Vladimir Putin’s continued war on Ukraine.

    The Bank of Russia cut its key rate to 16.5% from 17%, having begun to lower borrowing costs from a recent peak of 21% in June. The move was smaller than previous cuts.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Paul Hannon

    Source link

  • Full Impact of Tariffs on Asia-Pacific Still to Come, IMF Warns

    [ad_1]

    Asia-Pacific economies fared better than expected in the first half of the year but the IMF warns that the full blow of U.S. tariff hikes remains unclear, and growth will slow.

    “The intensification of trade tensions continues to be a major downside risk for the region,” the International Monetary Fund said in a report on Friday.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Kimberley Kao

    Source link

  • U.K. Inflation Unexpectedly Holds Steady

    [ad_1]

    The U.K.’s annual rate of inflation in September unexpectedly held at the pace of the previous month, raising the chance that Bank of England policymakers could cut interest rates later this year, despite price rises remaining at a level still well above the central bank’s target.

    Consumer prices were up 3.8% compared with the same month of last year, the Office for National Statistics said Wednesday, almost double the central bank’s 2% target and the same rate as August. Economists polled by The Wall Street Journal expected a higher rate of 4.0%.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Ed Frankl

    Source link

  • Japan’s Exports Rebound for First Time in Five Months

    [ad_1]

    TOKYO—Japan’s exports rebounded in September, snapping a four-month run of declines despite the impact of U.S. tariffs.

    Outbound shipments rose 4.2% from a year earlier after August’s 0.1% decline, finance ministry data showed Wednesday. Still, the September print undershot the 5.7% rise expected in a poll of economists by data provider FactSet.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Megumi Fujikawa

    Source link

  • Vestas Shelves Plan for Polish Wind Turbine Factory on Low European Demand

    [ad_1]

    Vestas Wind Systems VWS -3.14%decrease; red down pointing triangle said lower demand in Europe has pushed it to pause the planned construction of a new factory in Poland.

    The Danish wind turbine maker last year unveiled plans to build a new blade factory in Szczecin, near the Baltic Sea coast, to support Europe’s build-out of offshore wind parks.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Dominic Chopping

    Source link

  • Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs

    [ad_1]

    Interactive Brokers Group IBKR -1.79%decrease; red down pointing triangle posted higher profit in the third quarter as traders continued to pour into stocks and options.

    The online brokerage platform said Thursday that client trading volumes in stocks and options climbed 67% and 27%, respectively, in the quarter. Futures volume, meanwhile, decreased 7%. Customer accounts increased by 32% to 4.1 million, with customer equity up 40% to $757.5 billion.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Source link

  • EU Proposes Arms-Procurement Overhaul to Become Combat-Ready By 2030

    [ad_1]

    The European Commission proposed a reform of the EU’s military planning and procurement as part of a five-year strategy to rearm and deter Russia.

    [ad_2]

    Cristina Gallardo

    Source link

  • China’s Deflationary Pressures Ease Slightly

    [ad_1]

    China’s downward price pressures eased slightly in September, but not quite as much as expected, as Beijing ramps up efforts to curb excess capacity and bolster domestic demand.

    Data showing continued deflationary pressure in China comes as Premier Li Qiang renewed calls to double down on efforts to boost consumption, and crack down on pricing competition among businesses.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Source link

  • Spain’s Grid Operator Denies Risk of Imminent Power Blackout After Sharp Voltage Swings

    [ad_1]

    Spain’s electricity-grid operator said there was no risk of an imminent second major blackout in the country after detecting two sharp voltage variations in recent weeks.

    Red Electrica which operates Spain’s grid, and in which the Spanish government owns a 20% stake, said the recent voltage swings didn’t pose a risk to the supply of electricity because they didn’t surpass the acceptable limits.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Cristina Gallardo

    Source link

  • China Adds Hanwha Ocean’s Units to Sanctions List

    [ad_1]

    Hanwha Ocean’s 042660 -5.76%decrease; red down pointing triangle shares slid Tuesday after Beijing added five of the South Korean shipbuilder’s subsidiaries to a sanctions list over their alleged role in a U.S. probe into the Chinese shipping industry.

    The stock plunged as much as 9% before paring losses. It closed 5.8% lower at 103,100 won, equivalent to $72.28, compared with the benchmark Kospi’s 0.6% fall.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Kwanwoo Jun

    Source link

  • Dutch Government Takes Control of Chip Maker From Chinese Parent

    [ad_1]

    The Dutch government wrested control of a Netherlands-based semiconductor company from its Chinese owner, a new flare-up in tensions between China and the West over key technologies and materials.

    Officials at the Dutch Economic Affairs Ministry said Sunday that they had assumed the power to block or reverse decisions at Nexperia 600745 -10.00%decrease; red down pointing triangle, which is owned by China’s Wingtech Technology, to keep Europe from losing “technological knowledge and capabilities” necessary for its economic security.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Sam Schechner

    Source link

  • China’s Exports Rise at Fastest Pace in Six Months Despite U.S. Tariffs

    [ad_1]

    China’s exports rose at the fastest pace in six months in September, beating market expectations and underscoring the sector’s continued role as a key growth driver for the world’s second-largest economy.

    Outbound shipments rose 8.3% from a year earlier, accelerating from August’s 4.4% increase and exceeding the 6.0% growth forecast by economists in a Wall Street Journal poll, according to data released Monday by the General Administration of Customs.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Source link

  • China Tightens Grip on Rare Earths Ahead of Expected Trump-Xi Meeting

    [ad_1]

    SINGAPORE—China tightened its control over critical minerals used to make high-tech products including electric vehicles and jet fighters, threatening to reignite trade tensions with the U.S. ahead of an expected meeting between President Trump and Chinese leader Xi Jinping.

    China’s Commerce Ministry said Thursday that foreign suppliers must obtain approval from Beijing to export some products with certain rare-earth materials originating from China if they account for 0.1% or more of the good’s total value. Goods produced with certain technologies from China are also subject to the export controls. Both restrictions apply to products manufactured outside of China.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Hannah Miao

    Source link