Category Archives:
Shares rise, dollar weakens on bank sector fears
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector foll...
May 04, 2023
Indonesia Q1 GDP growth beats expectation at 5.03% y/y
JAKARTA (Reuters) - Indonesia's economy grew a faster than expected 5.03% on a yearly basis in the first three months of the year, official data showed on Friday. The Southeast Asian country's gross d...
May 04, 2023
Downer faces second class action lawsuit over breach of contract disclosures
(Reuters) - Australia's Downer EDI said on Friday it was served with a second class action lawsuit by certain shareholders alleging breach of disclosures regarding a maintenance contract undertaken by...
May 04, 2023
Florida legislature approves bill allowing board to cancel Disney deals
(Reuters) - Florida's Senate on Thursday passed a bill that will allow a tourism board appointed by Governor Ron DeSantis to cancel development agreements its predecessor body signed, the latest salvo...
May 04, 2023
U.S. bankers urge SEC to probe short sales, reduce ‘abusive’ trading
By Andrea Shalal WASHINGTON (Reuters) -The American Bankers Association on Thursday urged federal regulators to investigate a spate of significant short sales of publicly traded banking equities that ...
May 04, 2023
Yen set to snap 3-week losing streak on bank jitters, dollar slips
By Rae Wee SINGAPORE (Reuters) - The yen was eyeing its first weekly gain in nearly a month on Friday, driven by safe haven demand as bank sector turmoil in the United States unfolds, while the dollar...
May 04, 2023
Australia central bank frets over upside risks to inflation as it warns on rates
SYDNEY, May 5 (Reuters) - Australia's central bank on Friday warned that risks to inflation were on the upside given low productivity growth, rising energy prices and a surge in rents as population gr...
May 04, 2023
China’s services activity expands as consumers return – Caixin PMI
BEIJING (Reuters) - China's service activity grew for a fourth straight month in April, a private-sector survey showed on Friday, as businesses continued to benefit from a return toward pre-pandemic l...
May 04, 2023
Peloton identifies defect in seat posts after reports of injuries
(Reuters) - Peloton Interactive Inc on Thursday said that it had identified a defect involving seat posts in its original stationary bike, with 12 reports of injuries, including one wrist fracture, as...
May 04, 2023
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) - Tesla Inc has raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751), its website showed on Friday. ($1 = 6.9060 Chinese yuan renminbi) (Reporting ...
May 04, 2023
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