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Economy

ASML’s lowered forecast suggests factory overcapacity, not chip doom

By Max A. Cherney and Stephen Nellis (Reuters) – ASML (AS:ASML)’s deep forecast cuts that sparked a global tech stock selloff signal…
Economy

Morgan Stanley’s profit beats estimates on investment banking windfall

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) -Morgan Stanley’s third-quarter profit surpassed estimates on an investment banking windfall that had…
Economy

US import prices post biggest drop in nine months in September

WASHINGTON (Reuters) – U.S. import prices fell by the most in nine months in September amid decreases in the costs of energy…
Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…
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