Sam Holmes

3 days ago | gurutrade.com | Stella Qiu |Wayne Cole |Jacqueline Wong |Sam Holmes

Trimmed mean measure at 2.4%, under midpoint of 2-3% target Headline inflation at 2.1%, vs forecast of 2.3% Services inflation runs at 3.3%, slowing from 4.1% in April SYDNEY, June 25 (Reuters) - Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an imminent rate cut.

2 weeks ago | today.westlaw.com | Bill Berkrot |Sam Holmes |Dawn Chmielewski |Blake Brittain

LOS ANGELES (Reuters) -Walt Disney and Comcast's Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a "bottomless pit of plagiarism" for its use of the studios' best-known characters....

3 weeks ago | gurutrade.com | Chang-Ran Kim |Sam Holmes

TOKYO, June 6 (Reuters) - Japanese household spending unexpectedly fell in April, government data showed on Friday, as consumers tightened their purse strings in the face of higher prices. Consumer spending fell 0.1% in April from a year earlier, according to the internal affairs ministry. That was worse than the median market forecast for 1.4% growth and March's 2.1% increase. On a seasonally adjusted, month-on-month basis, spending declined 1.8%, versus an estimated 0.8% fall.

1 month ago | gurutrade.com | Kevin Buckland |Jamie Freed |Sam Holmes

TOKYO, May 28 (Reuters) - Demand at an auction of 40-year Japanese government bonds on Wednesday fell to the lowest since July, amid a selloff in so-called super-long debt this month. A measure of demand called the bid-to-cover ratio, which gauges total bids against the amount of securities on offer, sank to 2.2 from 2.9 at the previous sale in March. Japan's Ministry of Finance sold about 500 billion yen ($3.46 billion) of the bonds at Wednesday's auction.

1 month ago | gurutrade.com | Shi Bu |Joe Cash |Sam Holmes |Shri Navaratnam

Jan-Apr industrial profits up 1.4% vs 0.8% in Jan-Mar Government policy support looks to be sustaining industry, analysts More action required to shore up profit growth, official says BEIJING, May 27 (Reuters) - China's industrial profits picked up pace in April, official data showed on Tuesday, giving policymakers cause for optimism that recent stimulus efforts are helping to keep the economy afloat despite trade tensions with the United States.