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China’s Hebei province plans for two years for post-flood reconstruction
BEIJING (Reuters) - China's northern province of Hebei may spend two years carrying out post-flood reconstruction, state media China News Service reported on Friday, citing a news conference. The prov...
Syndicated Content Aug 10, 2023
Japan eyes tax break for domestic EV battery, chip production – Nikkei
(Corrects the subject of the last paragraph to "Japan", not "the Japanese government") TOKYO (Reuters) - Japan plans to create tax breaks for domestically-made electric vehicle (EV) batteries and semi...
Syndicated Content Aug 10, 2023
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low on Friday after it forecast a first-half loss of up to $7.6 billion and a ...
Syndicated Content Aug 10, 2023
Asia stocks slip as US CPI fails to enthuse; dollar up
By Tom Westbrook SYDNEY (Reuters) - Asian stocks edged towards a weekly loss on Friday and the U.S. dollar was headed for a month of gains after U.S. inflation came in steady, without the hoped-for su...
Syndicated Content Aug 10, 2023
Gold frail as US dollar, yields hold ground after inflation data
(Reuters) - Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion still set to wrap up its worst week in seven as the U.S. do...
Syndicated Content Aug 10, 2023
North Korea warns of flood damage after tropical storm drenches South
By Hyonhee Shin SEOUL (Reuters) - Heavy downpours continued to soak South and North Korea on Friday as tropical storm Khanun swept over the peninsula after pummelling Japan, putting Pyongyang on high ...
Syndicated Content Aug 10, 2023
ECB to pause in September, say slim majority of economists: Reuters poll
By Prerana Bhat BENGALURU (Reuters) - The European Central Bank will pause a more than year-long rate-hiking campaign in September, according to a narrow majority of economists polled by Reuters, but ...
Syndicated Content Aug 10, 2023
Chip shortage in Germany’s car industry will last years – Audi manager
BERLIN (Reuters) - Semiconductor shortages that have created bottlenecks for Germany's car industry will take years to resolve despite chipmakers' plans to build factories in the country, a senior Aud...
Syndicated Content Aug 10, 2023
Dollar steady after CPI data bolsters Fed pause bets; yen nears 145
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Friday as traders wagered that the Federal Reserve is done with rate hikes after data showed U.S. consumer prices increased moderately ...
Syndicated Content Aug 10, 2023
Australia central bank says worst over for inflation as policy enters ‘calibration stage’
SYDNEY (Reuters) - The head of Australia's central bank on Friday said policy was in the "calibration stage" as the worst was over for inflation, though some further policy tightening might be needed ...
Syndicated Content Aug 10, 2023
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