Category Archives:
Exclusive-China’s Kaisa pressured by local government to repay wealth product investors – sources
By Julie Zhu and Clare Jim HONG KONG (Reuters) - Under pressure from authorities, Chinese property firm Kaisa Group Holdings Ltd is working furiously to come up with a feasible plan to repay wealth pr...
Jan 07, 2022
Investors shun U.S. Treasuries, stockpile cash – BOFA
LONDON (Reuters) - Investors have stormed out of U.S. Treasuries and pumped money into cash and bank loans since the start of the year as global markets have braced for higher interest rates, BofA's w...
Jan 07, 2022
Daimler’s Mercedes-Benz sees 5% sales drop in 2021
BERLIN (Reuters) - Daimler's Mercedes-Benz sold 2.05 million vehicles in 2021, the company said on Friday, losing its crown for the first time in five years as the premium carmaker with the most vehic...
Jan 07, 2022
Take Five: Earnings, yields and COVID-19
It didn't take long for speedbumps to appear as markets rev up for 2022. Rising U.S. Treasury yields, sparked by growing speculation the Federal Reserve could start its rate hike cycle as early as Mar...
Jan 07, 2022
China to launch market-making on STAR Market
SHANGHAI (Reuters) -China's securities regulator said on Friday it will pilot market-making on Shanghai's Nasdaq-style STAR Market in a bid to deepen reforms and improve liquidity. Qualified brokerage...
Jan 07, 2022
Japan’s JERA to develop ammonia-related tech with green fund backing
TOKYO (Reuters) - Japan's biggest power generator JERA said it would spend 69.2 billion yen ($597 million) on the development of ammonia-related technology, with nearly 70% covered by the government's...
Jan 07, 2022
Euro zone businesses pare back price expectations for first time in over a year
FRANKFURT (Reuters) - Euro zone entrepreneurs pared back their expectations for price rises for the first time in more than a year last month, data showed on Friday, in what could be an early sign tha...
Jan 07, 2022
Euro zone inflation hits 5%, marking another record high
FRANKFURT (Reuters) - Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently underestimated price pressures...
Jan 07, 2022
Biden to tour damage from Colorado’s most destructive wildfire
By Trevor Hunnicutt WASHINGTON (Reuters) - U.S. President Joe Biden was due to visit Colorado on Friday to view the devastation left by a rare, winter wildfire that ravaged two Denver-area towns last ...
Jan 07, 2022
Kazakhstan’s bonds, stocks bounce after crackdown on unrest
LONDON (Reuters) - Kazakhstan's bonds recovered as much as 1.2 cents and London-listed shares of the country's top uranium producer Kazatomprom bounced 4% on Friday, as authorities cracked down on unr...
Jan 07, 2022
Peoria, IL, USA
62 °F Light Rain With Thunderstorm, Mist
