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Bumpy road for China’s ride hailing drivers as economy slows
By Casey Hall SHANGHAI (Reuters) - Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money he was making only a few months ago working a regular shift, as he competes with an increasing...
Syndicated Content Aug 15, 2023
Dexus swings to first loss in 14 years as higher rates crunch property values
By Nausheen Thusoo and Lewis Jackson SYDNEY (Reuters) - Australia's Dexus on Wednesday swung to its first net loss since 2009 as higher interest rates wiped nearly A$1.2 billion ($773.16 million) off ...
Syndicated Content Aug 15, 2023
South Korea to grant 23 trln won in financing support for exporters
SEOUL (Reuters) - South Korea will expand financing support for exporting companies by around 50% more this year, the financial regulator said on Wednesday, to bolster exports amid persistently weak d...
Syndicated Content Aug 15, 2023
Oil prices steady as markets weigh weak China data, tighter crude supplies
By Arathy Somasekhar (Reuters) - Oil prices held steady in early trading on Wednesday after a 1% drop in the previous session, as markets weighed weak economic data from China, the world's biggest oil...
Syndicated Content Aug 15, 2023
Musk’s X delays access to content on Reuters, NY Times, social media rivals
By Sheila Dang (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and...
Syndicated Content Aug 15, 2023
Japan business mood improves but China impact dims outlook – Reuters Tankan poll
By Tetsushi Kajimoto TOKYO (Reuters) - Big Japanese manufacturers and service-sector firms signalled improved business morale in August, a monthly Reuters poll showed on Wednesday, reflecting a gradua...
Syndicated Content Aug 15, 2023
Hedge funds dump Chinese stocks aggressively as growth outlook dims
By Carolina Mandl NEW YORK (Reuters) - Global hedge funds are "aggressively" selling Chinese stocks amid heightened concerns over the country's property sector and a weak batch of economic data, a Gol...
Syndicated Content Aug 15, 2023
AMC hit with fresh class-action lawsuit over stock conversion
By Tom Hals WILMINGTON, Delaware (Reuters) - AMC Entertainment Inc was hit with a class-action lawsuit on behalf of preferred shareholders that are challenging its stock conversion plan, just days aft...
Syndicated Content Aug 15, 2023
JPMorgan, US Virgin Islands trade accusations over Epstein
NEW YORK (Reuters) - JPMorgan Chase and the U.S. Virgin Islands traded new accusations this week in legal filings over their relationships with the late disgraced financier Jeffrey Epstein. The larges...
Syndicated Content Aug 15, 2023
Brazil’s central bank ‘very committed’ to current rate cut pace -director
BRASILIA (Reuters) - Brazil's central bank director of international affairs Fernanda Guardado said on Tuesday policymakers are firmly dedicated to the current pace of rate cuts, after the bank flagge...
Syndicated Content Aug 15, 2023
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