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Analysis-China’s stubborn savers risk precipitating liquidity trap
By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE (Reuters) - China's consumers and companies are tying up trillions of yuan in longer-dated deposits with banks, effectively taking a vast pool of money out...
Syndicated Content Aug 03, 2023
Citigroup’s Asia family office clients poised to grow 25% in 2023
By Xie Yu HONG KONG (Reuters) - Citigroup's Asia family office business expects a 25% increase in clients this year, the U.S. bank's regional head of its family office advisory business said, as Singa...
Syndicated Content Aug 03, 2023
Asian shares rise as investor focus turns to US payrolls
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose on Friday, while the dollar pulled back from a one-month peak as investors took stock of the slew of U.S. economic data that showed a resilien...
Syndicated Content Aug 03, 2023
FDA rejects Mesoblast’s cell therapy for bone marrow transplant complications
(Reuters) - The U.S. Food and Drug Administration had rejected Mesoblast's cell therapy for children under 12 years of age for treating a type of complication that occurs after a stem cell or bone mar...
Syndicated Content Aug 03, 2023
Floodwaters rise in China’s northeast as rains lash Heilongjiang province
BEIJING (Reuters) - As residual rain from a typhoon drifted to northeast China, Heilongjiang province on Friday warned of swelling rivers amid severe weather and even tornadoes as storms pounded citie...
Syndicated Content Aug 03, 2023
Indonesia’s Q2 GDP growth likely slows as exports weaken: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - Indonesia's economy likely grew 4.93% from a year earlier in the April-June quarter, the slowest since the third quarter of 2021, due to weakening global dema...
Syndicated Content Aug 03, 2023
Philippine inflation slows for sixth straight month in July
MANILA (Reuters) - Philippine annual inflation eased for a sixth straight month in July, the statistics agency said on Friday, reflecting slower increases in food and utility costs. The consumer price...
Syndicated Content Aug 03, 2023

Illinois creates Whole Child Task Force to better support students
CHICAGO, Ill. - Illinois has a new law that will require schools to better address student trauma. The law is based on recommendations from the Whole Child Task Force, which was created by the Illinoi...
Julia Bradley Aug 03, 2023
Chinese pet owners gear up their dogs and cats for summer swelter
By Nicoco Chan and Sophie Yu SHANGHAI (Reuters) - As temperatures in China soar, pet owners are looking for novel ways to protect their four-legged friends from the heat, buying up cooling mats, cloth...
Syndicated Content Aug 03, 2023
Typhoon Khanun eases off Japan’s Okinawa, but islands brace for return
TOKYO (Reuters) - Typhoon Khanun barely moved on Friday in the East China Sea, with predictions that it will approach Japan's Okinawa islands again, raising fears of sustained damage in areas already ...
Syndicated Content Aug 03, 2023
Peoria, IL, USA
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