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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
Slower, still strong US job growth expected in June
By Lucia Mutikani WASHINGTON (Reuters) - U.S. growth likely slowed in June after surging in the prior two months, but labor market conditions remain tight, with the unemployment rate expected to have ...
Syndicated Content Jul 06, 2023
US starts new round of audit inspections on China firms- source
(Reuters) -U.S. inspectors have started a fresh round of routine checks on Wall Street-listed Chinese companies' audits in Hong Kong in recent weeks, a source familiar with the matter said on Friday. ...
Syndicated Content Jul 06, 2023
Deep-sea metal rush in doubt as regulatory body meets
(Refiles to fix punctuation in paragraph 4) By David Stanway SINGAPORE (Reuters) - Plans to extract minerals from the ocean floor are expected to be put on hold next week at a meeting of the U.N. body...
Syndicated Content Jul 06, 2023
Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) - PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were ...
Syndicated Content Jul 06, 2023
Buckling bond market casts pall over stocks
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slid on Friday to cap a torrid first week of the quarter for financial markets, with the dollar advancing and bonds crumbling as the resilience of U...
Syndicated Content Jul 06, 2023
Dollar steadies as US economy stays resilient; eyes on nonfarm payrolls
By Rae Wee SINGAPORE (Reuters) - The dollar held tight ranges on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against...
Syndicated Content Jul 06, 2023
Brazil’s lower house approves tax reform bill in first round, awaits second round
BRASILIA (Reuters) - Brazil's lower house of Congress approved on Thursday in a first-round of voting the main text of a tax reform that will restructure the country's complex consumption taxes. Such ...
Syndicated Content Jul 06, 2023
Goldman’s China banks downgrade based on ‘pessimistic assumptions’ -state media
BEIJING (Reuters) - Goldman Sachs' downgrade of some major Chinese lenders to "Sell" ratings is based on "pessimistic assumptions," state-backed Securities Times said in an editorial on Friday, as wor...
Syndicated Content Jul 06, 2023
Biden admin seeks emergency order halting ban on social media company contacts
(Reuters) - The Biden administration on Thursday asked a federal appeals court for an emergency order halting a lower court ruling that bars some government agencies and officials from meeting and com...
Syndicated Content Jul 06, 2023
Peoria, IL, USA
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