Category Archives:
German consumer morale to fall in September -GfK
BERLIN (Reuters) - German consumer sentiment is expected to fall in September, due to declining income expectations and propensity to buy, a GfK institute survey showed on Tuesday. The institute's con...
Aug 29, 2023
Analysis-Chinese investors rush to offshore funds to offset domestic risks
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) - Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors are pouring money into invest...
Aug 29, 2023
Country Garden seeks to add 40-day grace period to onshore bond repayment
BEIJING (Reuters) - China's largest private property developer Country Garden Holdings is seeking to add a 40-day grace period for the repayment of a 3.9 billion yuan ($535.3 million) private onshore ...
Aug 29, 2023
China’s factory activity likely extended declines in August – Reuters poll
BEIJING (Reuters) - China's factory activity likely contracted for a fifth straight month in August, a Reuters poll showed on Tuesday, as weak demand threatens recovery prospects in the world's second...
Aug 29, 2023
Magnitude 5.4 earthquake hits Panama’s northern coast – USGS
PANAMA CITY (Reuters) -A magnitude 5.4 earthquake hit Panama some 37 miles (59 km) from the Caribbean island of Nargana, the United States Geological Survey said on Monday. Shaking was briefly felt in...
Aug 29, 2023
UBS, Swiss finance blog settle Credit Suisse legacy lawsuit
ZURICH (Reuters) - UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday. As part of the s...
Aug 29, 2023
Vietnam August exports slide, but factory output improves
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam's exports in August fell 7.6% from a year earlier, official data showed on Tuesday, making a sixth straight month of decline as weak global deman...
Aug 29, 2023
Explainer-After Credit Suisse takeover, UBS gives first glimpse of new group
By Noele Illien ZURICH (Reuters) - UBS will publish on Aug. 31 its first earnings report since a hastily arranged takeover of its Swiss rival Credit Suisse, shedding new light on the deal's impact and...
Aug 29, 2023
FDIC set to unveil plan for stricter regional bank rules
By Pete Schroeder WASHINGTON (Reuters) - A top U.S. banking regulator is set on Tuesday to propose heightened rules to ensure regional banks can be safely dissolved in times of stress. The Federal Dep...
Aug 29, 2023
China’s Guangdong, Fujian provinces take early action as Typhoon Saola looms
BEIJING (Reuters) - Typhoon Saola, hundreds of miles from China's coastline, forced provinces to enact emergency response measures on Tuesday and call fishing boats back to ports along the southeaster...
Aug 28, 2023
Peoria, IL, USA
50 °F Sunny
