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Gold holds steady as safe haven gains offset higher yields

PRECIOUS-Gold edges lower as US dollar, yields rise US job growth slows sharply in October, unemployment rate steady Traders firm bets on Fed interest-rate cuts after the data Bullion hit record high of $2,790.15 on Thursday Updates as of 1755 GMT, adds graphic By Anjana Anil Nov 1 (Reuters) - Gold prices edged down on Friday, pressured by a stronger U.S.
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HSBC, Barclays and StanChart jostle for US banking riches, unruffled by White House race

HSBC, Barclays and StanChart jostle for US banking riches, unruffled by White House race Tepid domestic demand spurs interest in US clients UK banks offer gateway to key export markets European banks hold just 7% of $429 bln revenue pool By Lawrence White and Sinead Cruise LONDON, Nov 1 (Reuters) - Britain's big global lenders HSBC HSBA.L , Barclays BARC.L and Standard Chartered STAN.L are vying to tap into a boom in U.S.
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Arkema, Flatexdegiro, Mediobanca

EUROPE RESEARCH ROUNDUP-Arkema, Flatexdegiro, Mediobanca Oct 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Flatexdegiro and Mediobanca, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : Berenberg raises to buy from hold * Flatexdegiro AG FTKn.DE : Goldman Sachs raises to buy from neutral * Mediobanca MDBI.MI : Deutsche Bank raises to hold from sell * Orsted ORSTED.CO : Deutsche Bank cuts to hold from buy * Syensqo NV SYENS.
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London's FTSE 100 falls after Labour's first budget

UPDATE 1-London's FTSE 100 falls after Labour's first budget UK budget declares tax rise AstraZeneca falls on China probe GSK warns of lower 2024 vaccine sales, shares fall FTSE 100 down 0.7%, FTSE up 250 up 0.3% Updated at 1652 GMT By Shubham Batra and Nikhil Sharma Oct 30 (Reuters) - The UK's FTSE 100 fell to an over two-month low on Wednesday, dragged down by the healthcare sector, while midcap stocks got a lift even as the latest UK budget came with the biggest tax increases in three decades
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StanChart's Winters says banks approaching 'sweet spot'

StanChart's Winters says banks approaching 'sweet spot' By Hadeel Al Sayegh and Yousef Saba RIYADH, Oct 30 (Reuters) - Banks are in a good position to maintain current strong performance levels even as interest rates come down, Standard Chartered STAN.L Chief Executive Bill Winters told Reuters on Wednesday. "I think we're probably going to approach a sweet spot for banks over the next year or two," he said on the sidelines of Saudi Arabia's Future Investment Initiative (FII) investment conferen
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UK banks rise after Chancellor Reeves avoids new taxes on the sector

BUZZ-UK banks rise after Chancellor Reeves avoids new taxes on the sector ** Shares of British banks .FTNMX301010 rise 0.73% after finance minister Reeves avoided new taxes on the sector during Labour party's first budget ** Reeves made no mention of any tax increase on banks in her speech, nor did documents accompanying the budget mention any such
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Standard Chartered Bought Back Total Of 1.6 Mln Shares On Other Exchanges On Oct 29 - HKEX Filing

BRIEF-Standard Chartered Bought Back Total Of 1.6 Mln Shares On Other Exchanges On Oct 29 - HKEX Filing Oct 30 (Reuters) - HKEX Filing: STANDARD CHARTERED BOUGHT BACK TOTAL OF 1.6 MILLION SHARES ON OTHER EXCHANGES FOR GBP14.2 MILLION ON OCT 29 - HKEX FILING Further company coverage: 2888.HK
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STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump

UPDATE 2-STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Europe's blue chips dragged by Melexis, Qorvo, AMD's downbeat updates Hazy capital outlook weighs on UBS shares ASMI jumps as guidance hike, Q3 beat suggest no slowdown Euro zone economy grows quicker than expected, but outlook remains weak Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 30
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StanChart's London shares atop FTSE 100 on Q3 profit beat, HK shares close at over 6-1/2 yr high

BUZZ-StanChart's London shares atop FTSE 100 on Q3 profit beat, HK shares close at over 6-1/2 yr high Updates ** London-listed Standard Chartered STAN.L shares up 2.7% at 900p, highest level since August 2015 ** Stock top pct gainer on FTSE bluechip .FTSE index ** Stanchart's HK shares 2888.HK ended up 2.95% at HK$90.75, the highest close since Feb 2018; top pct gainer in Hang Seng Composite Index tracking financials stocks .HSCIF ** HK shares log biggest one-day pct gain since Aug.
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UK Stocks-Factors to watch on Oct. 30

UPDATE 1-UK Stocks-Factors to watch on Oct. 30 Adds new items, updates futures Oct 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.6%. * GSK: GSK GSK.L lowered its 2024 vaccine sales forecast for the second time this year on Wednesday, hit by weak demand for its respiratory syncytial virus (RSV) and shingles vaccines.
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Standard Chartered's Hong Kong shares hit 6-1/2-yr peak on Q3 profit beat

BUZZ-Standard Chartered's Hong Kong shares hit 6-1/2-yr peak on Q3 profit beat ** Hong Kong-listed shares of Standard Chartered 2888.HK rise 3.3% to HK$91.10, highest since February 2018, and on track for the second session of gain ** Ledner's stock on course for its biggest one-day rise since Aug. 16; top gainer in Hang Seng Composite Index tracki
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UK Stocks-Factors to watch on Oct. 30

UK Stocks-Factors to watch on Oct. 30 Oct 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.5%. * BUDGET: Britain's new finance minister Rachel Reeves will announce what may be the biggest tax hikes in three decades on Wednesday in a bid to fix the country's sagging public services, alongside billions of pounds of extra borrowing to overhaul the economy.
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StanChart to double investment in wealth unit, trim retail as it lifts outlook

UPDATE 4-StanChart to double investment in wealth unit, trim retail as it lifts outlook Q3 pretax profit $1.72 bln vs $633 mln a year ago Sees 2024 income up around 10% vs prior estimate of towards 7% StanChart shares in London up 2.7% Bank to invest $1.5 billion in wealth advisers Adds analyst reaction, paragraph 15, London shares, paragraph 6, CFO quotes, paragraph 9 By Selena Li and Lawrence White HONG KONG/LONDON, Oct 30 (Reuters) - Standard Chartered STAN.L said it will double investment in
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Standard Chartered Upgrades 2024 Income Guidance

BRIEF-Standard Chartered Upgrades 2024 Income Guidance Oct 30 (Reuters) - 2888.HK 2888.HK : WE ARE UPGRADING OUR 2024 INCOME GUIDANCE QTRLY UNDERLYING PROFIT BEFORE TAX OF $1.8BN GROUP IS ACCRUING A FORESEEABLE DIVIDEND IN RESPECT OF FINAL 2024 ORDINARY SHARE DIVIDEND IN Q3 SEES 2024 OPERATING INCOME TO INCREASE TOWARDS 10% IN 2024 AT CCY, EXCLUDIN
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StanChart third-quarter profit more than doubles, beats estimates

StanChart third-quarter profit more than doubles, beats estimates HONG KONG/LONDON, Oct 30 (Reuters) - Standard Chartered (StanChart) STAN.L reported a 172% jump in third-quarter pretax profit on Wednesday, ahead of analysts' estimates, as slower-than-expected rate cuts continue to bolster the emerging-market focused lender's revenue. StanChart, which earns most of its revenue in Asia, said pretax profit for the third quarter reached $1.72 billion, above the $1.49 billion average of 17 analyst e
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China 'bazooka' fizzles, dollar on the march

MORNING BID ASIA-China 'bazooka' fizzles, dollar on the march By Jamie McGeever Oct 30 (Reuters) - A look at the day ahead in Asian markets. Markets in Asia appear to lack clear direction at the open on Wednesday, with investors still digesting the news of a potential 10 trillion yuan fiscal boost from China, while weighing the impact of a firm U.S. dollar and buoyant Treasury yields.
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Standard Chartered Bought Back 1.6 MLN Shares For GBP 14 MLN On Other Exchanges On Oct 28 - HKEX Filing

BRIEF-Standard Chartered Bought Back 1.6 MLN Shares For GBP 14 MLN On Other Exchanges On Oct 28 - HKEX Filing Oct 29 (Reuters) - HKEX FILING: STANDARD CHARTERED BOUGHT BACK 1.6 MLN SHARES FOR GBP 14 MLN ON OTHER EXCHANGES ON OCT 28 - HKEX FILING Further company coverage: 2888.HK
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China's factory activity likely contracted in Oct for a sixth month

POLL-China's factory activity likely contracted in Oct for a sixth month reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNPMIB%3DECI Official manufacturing PMI poll reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNPMIC%3DECI Caixin manufacturing PMI poll data BEIJING, Oct 29 (Reuters) - China's factory activity likely contracted in October for a sixth month , a Reuters poll showed on Tuesday, but by the tiniest of margins, backing officials' optimism
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Saudi wealth fund to cut overseas investments

UPDATE 4-Saudi wealth fund to cut overseas investments Saudi wealth fund plans to reduce overseas investments PIF Governor Yasir Al-Rumayyan speaking at Riyadh conference Says fund aims to focus more on domestic economy Global business, finance leaders attending FII summit Updates with Elon Musk comments in paragraphs 18-21 and Mizuho CEO comments in 10 By Hadeel Al Sayegh, Iain Withers and Anousha Sakoui RIYADH/LONDON, Oct 29 (Reuters) - Saudi Arabia's sovereign wealth fund plans to cut its ove
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Standard Chartered PLC Bought Back Total 1.6 Million Shares On Other Exchanges For GBP13.9 Million On Oct 25, HKEX Filing Shows

BRIEF-Standard Chartered PLC Bought Back Total 1.6 Million Shares On Other Exchanges For GBP13.9 Million On Oct 25, HKEX Filing Shows Oct 28 (Reuters) - HKEX FILING: STANDARD CHARTERED PLC BOUGHT BACK TOTAL 1.6 MILLION SHARES ON OTHER EXCHANGES FOR GBP13.9 MILLION ON OCT 25 - HKEX FILING Further company coverage: 2888.HK
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