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Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Foreign investors' selling of Chinese shares gained some momentum in May, as flagging domestic demand and expectations for weak corporate earni...
Syndicated Content Jun 01, 2023
Russia’s factory activity expands for 13th month running in May
(Reuters) - Activity in Russia's manufacturing sector increased for the 13th month running in May and employment rose at its sharpest pace in more than two decades, though export orders contracted, a ...
Syndicated Content Jun 01, 2023
Analysis-Remaining Western firms face tricky Russian exits
By Alexander Marrow (Reuters) - After months of negotiations, Finland's Nokian Tyres was on the cusp late last year of finalising a 400-million-euro ($440.32 million) sale of its Russian business. The...
Syndicated Content Jun 01, 2023
Macau’s May casino revenue soars 366% year on year on visitor influx
HONG KONG (Reuters) -Casino revenues in Macau, the world's biggest gambling hub, surged 366% from a year ago to total 15.6 billion patacas ($1.93 billion) in May, the highest since January 2020, when ...
Syndicated Content Jun 01, 2023
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) - Fujitsu Ltd's controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on...
Syndicated Content Jun 01, 2023
Remy Cointreau keeps outlook as annual profit beat forecasts
PARIS (Reuters) - French spirits group Remy Cointreau reported a higher-than-expected rise in operating profit for its 2022/23 fiscal year and sticked to its cautious prospects for this year. The make...
Syndicated Content Jun 01, 2023
India’s May factory activity grows at fastest pace since Oct 2020
By Anant Chandak BENGALURU (Reuters) - India's factory output expanded at the quickest pace since October 2020 last month thanks to strong demand and output, while improved optimism led firms to hire ...
Syndicated Content Jun 01, 2023
Marketmind: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin Buckland It's a volatile time for central bank watchers, when comments from one man can flip the script in a moment. Of course, the ma...
Syndicated Content Jun 01, 2023
Canadian pension fund CDPQ puts brakes on China investment – FT
(Reuters) - Canada's second-largest pension fund Caisse de dpt et placement du Qubec (CDPQ) has stopped making private deals in China and will close its Shanghai office later this year, the Financial ...
Syndicated Content Jun 01, 2023
Explainer-Can a New York state law solve an emerging markets debt crisis?
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) - A bill backed by debt justice campaigners and civil society groups advocating on behalf of economically distressed countries coul...
Syndicated Content Jun 01, 2023
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