Category Archives:
Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) - Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around how dif...
Jun 30, 2023
Pakistan, IMF reach $3 billion staff-level agreement
(Reuters) - The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation ...
Jun 29, 2023
US targets China over semiconductors
(Reuters) -U.S.-China tensions over semiconductors began with the Trump administration's trade war and have ratcheted up under President Joe Biden's leadership as Washington looks to undercut Beijing'...
Jun 29, 2023
Marketmind: Markets await euro zone inflation; wary of yen
A look at the day ahead in European and global markets from Ankur Banerjee After German inflation bucked the trend and rose more than expected in June, the spotlight will firmly be on euro zone and Fr...
Jun 29, 2023
Thai May factory output falls 3.14% y/y, less than forecast
BANGKOK (Reuters) - Thailand's manufacturing production index (MPI) in May dropped by a less than expected 3.14% from a year earlier as exports remained sluggish, the industry ministry said on Friday....
Jun 29, 2023
Factbox-Why Pakistan badly needed the deal with the IMF
By Ariba Shahid KARACHI, Pakistan (Reuters) - The International Monetary Fund has reached a staff-level agreement with Pakistan on a bigger-than-expected $3 billion Stand-By Arrangement (SBA), a last-...
Jun 29, 2023
Foxconn to invest $246 million in 2 projects in northern Vietnam
HANOI (Reuters) - Singapore's unit of the world's largest contract electronics maker and assembler, Foxconn, has been granted a license from Vietnam to invest $246 million in two projects in its north...
Jun 29, 2023
Japan finance minister warns against excessive weakening as yen strikes 7-mth low
By Tetsushi Kajimoto TOKYO (Reuters) -Japan would take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows ...
Jun 29, 2023
Pakistan, IMF reach staff-level pact to release stalled funds
ISLAMABAD (Reuters) - The International Monetary Fund (IMF) reached a staff-level pact with the IMF on a $3-billion stand-by agreement, the lender said on Thursday, a decision long awaited by the Sout...
Jun 29, 2023
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON (Reuters) - Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed ...
Jun 29, 2023
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