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Yellen urges China to adopt market reforms, insists U.S. not decoupling
By Andrea Shalal BEIJING (Reuters) - U.S. Treasury Secretary Janet Yellen kicked off a four-day visit to Beijing on Friday by calling for market reforms in the world's second-largest economy and warni...
Syndicated Content Jul 07, 2023
BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official
By Leika Kihara TOKYO (Reuters) - The Bank of Japan may revise up this year's inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy in July to await more evidenc...
Syndicated Content Jul 07, 2023
Investors focused on June US jobs data after yields spike
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are on edge ahead of Friday's U.S. jobs report after more evidence of economic resilience cemented expectations of higher rates for longer and sent ...
Syndicated Content Jul 07, 2023
Tesla offers cash rebate on top models in China
BEIJING (Reuters) - Tesla on Friday said it would offer new buyers of its top-selling electric vehicles in China a cash bonus equivalent to almost $500 if they have a referral from an existing owner, ...
Syndicated Content Jul 06, 2023
Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG (Reuters) - Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge...
Syndicated Content Jul 06, 2023
Yellen holds talks with China’s central bank governor, former economy tsar
By Joe Cash BEIJING (Reuters) - U.S. Treasury Secretary Janet Yellen met with China's central bank governor Yi Gang and former economy tsar Liu He for informal talks on the global, U.S., and Chinese e...
Syndicated Content Jul 06, 2023
Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) - Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday, citing people familiar with the matter. It was not clea...
Syndicated Content Jul 06, 2023
Marketmind: Battered bond market braces for payrolls
A look at the day ahead in European and global markets from Tom Westbrook Bond markets are in a world of pain, with yields catapulted to decade highs across developed markets. The trigger is not immed...
Syndicated Content Jul 06, 2023
Japan’s nuclear regulator approves Tepco’s release of Fukushima water
TOKYO (Reuters) - Japan's nuclear regulator granted approval on Friday for utility Tokyo Electric Power Co (Tepco), which ran the destroyed Fukushima Daiichi nuclear power plant, to start releasing mo...
Syndicated Content Jul 06, 2023
Yellen seeks to calm a fraught but close-knit US-China trade relationship
By David Lawder and Joe Cash WASHINGTON/BEIJING (Reuters) - As U.S. Treasury Secretary Janet Yellen tries to steady an increasingly tense relationship with China, the world's two largest economies rem...
Syndicated Content Jul 06, 2023
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