Category Archives:
Analysis-Evergrande woes to take toll on China property sale and drive M&A
By Clare Jim HONG KONG (Reuters) - The debt crisis engulfing China Evergrande Group has begun to dent homebuyer sentiment and force developers to cut prices, signalling deeper consequences for the wor...
Syndicated Content Sep 24, 2021
Wall Street rally set to fizzle out as Evergrande worries persist
By Devik Jain (Reuters) - U.S. stock indexes were set to open lower on Friday following a strong two-day rally, as worries persisted about the spillover from debt-laden China Evergrande, while Nike tu...
Syndicated Content Sep 24, 2021
Tesla’s Musk says new chip plants should make shortage short term
TURIN (Reuters) - Tesla Inc CEO Elon Musk said on Friday that thanks to new semiconductor plants that are planned or under construction, the global chip shortage that has pummelled the car industry th...
Syndicated Content Sep 24, 2021
JPMorgan goes ‘underweight’ EM currencies as China risks rise
LONDON (Reuters) - Investment bank JPMorgan turned 'underweight' on emerging market currencies on Friday, warning a slowdown of China's economic growth, troubles in its property sector and less suppor...
Syndicated Content Sep 24, 2021
Argentine artist reflects Parana River drought in giant murals
By Lucila Sigal SAN NICOLAS DE LOS ARROYOS, Argentina (Reuters) - In the Argentine city of San Nicolas de los Arroyos, which hugs the banks of the Parana River, two huge murals reflect local worries a...
Syndicated Content Sep 24, 2021
Shares in Russia’s Novatek fall on arrest of deputy head in U.S.
MOSCOW (Reuters) - Shares in Russia's leading non-state natural gas producer Novatek fell on Friday following the arrest in the United States of deputy head Mark Gyetvay, seen as a key figure in the f...
Syndicated Content Sep 24, 2021
Sri Lanka’s apparel industry on tenterhooks over EU trade scrutiny
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's preferential trade access to the European Union, which is the biggest market for its $5 billion apparel industry, is in doubt with an investigation...
Syndicated Content Sep 24, 2021
UK retail sales growth slows to 6-month low in Sept – CBI
LONDON (Reuters) - British retailers reported much slower growth in September after strong demand over the summer months, though shops expect a rebound in October despite growing supply chain difficul...
Syndicated Content Sep 24, 2021
Exclusive-China is unlikely to approve Baidu’s $3.6 billion purchase of JOYY’s YY Live -sources
By Julie Zhu HONG KONG (Reuters) - China's antitrust regulator is unlikely to approve Baidu's $3.6 billion acquisition of JOYY Inc's video-based domestic live streaming business YY Live, two sources w...
Syndicated Content Sep 24, 2021
Quad leaders to meet at White House amid shared China concerns
By Steve Holland, David Brunnstrom, Nandita Bose and Michael Martina WASHINGTON (Reuters) - Leaders of United States, Japan, India and Australia, sharing concerns about China's growing power and behav...
Syndicated Content Sep 24, 2021
Peoria, IL, USA
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