Category Archives:
Asian shares jump as investors eye end to Fed hikes, China stimulus
By Julie Zhu HONG KONG (Reuters) - Asian shares bounced and the safe-haven dollar edged lower on Tuesday as investors hoped this week's U.S. inflation data supports an imminent end to rate hikes and c...
Jul 10, 2023
Dollar slips as Fed hike cycle nears end; focus on US inflation
By Rae Wee SINGAPORE (Reuters) - The dollar weakened on Tuesday after Federal Reserve officials signalled that the central bank was nearing the end of its tightening cycle, though it traded in a tight...
Jul 10, 2023
BOK to hold base rate at 3.50% on Thursday, rate cut call pushed to 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) - The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as inflation continued to ease, a Reuters poll ...
Jul 10, 2023
Oil ticks up on OPEC+ cuts; traders eye economic data
By Arathy Somasekhar (Reuters) - Oil prices edged higher on Tuesday, recouping some of the losses from the previous session, as traders focused on supply cuts by the world's biggest oil exporters Saud...
Jul 10, 2023
China to lay down AI rules with emphasis on content control – FT
(Reuters) - The Cyberspace Administration of China aims to create a system that will force companies to gain a licence before they can release generative artificial intelligence systems, the Financial...
Jul 10, 2023
Britain’s Waitrose joins forces with Uber Eats for rapid delivery
LONDON (Reuters) - British upmarket supermarket group Waitrose has teamed up with rapid delivery firm Uber Eats to provide its groceries to shoppers' homes in as little as 20 minutes, the companies sa...
Jul 10, 2023
Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) - Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail Consortium survey showed on Tuesday, but consumers spent...
Jul 10, 2023
US retail investors add equities, while hedge funds trim exposure
By Carolina Mandl NEW YORK (Reuters) - Retail investors bought roughly $7 billion of equities last week, showing a near record appetite for shares since 2016, while U.S. hedge funds trimmed their expo...
Jul 10, 2023
UK watchdog shuts more illegal cryptocurrency ‘machines’
LONDON (Reuters) - Britain's Financial Conduct Authority said on Tuesday it has stopped 26 machines across the country for illegally offering cryptocurrencies, warning consumers they could lose all of...
Jul 10, 2023
U.S. Marine Corps in historic leadership limbo due to Republican block
WASHINGTON (Reuters) - The Marine Corps is now without a Senate-confirmed leader for the first time in over a century thanks to a Republican senator's block on military nominations. Retiring Gen. Davi...
Jul 10, 2023
Peoria, IL, USA
42 °F Partly cloudy
