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German manufacturing shrinks at fastest in 3 years in May -PMI
BERLIN (Reuters) - Germany's manufacturing sector contracted at the fastest rate in three years in May and output fell for the first time in four months, a survey showed on Thursday. The HCOB final Pu...
Syndicated Content Jun 01, 2023
Surging temple and lottery stocks mirror China’s weak recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - Shares in some Chinese temple operators and lottery sellers surged for a second day on Thursday amid a weak post-COVID recovery, as despon...
Syndicated Content Jun 01, 2023
ECB nearing end of tightening cycle but final stretch remains, De Guindos says
MADRID (Reuters) - The European Central Bank (ECB) has gone through most of its monetary policy tightening to bring inflation back to its medium-term target of 2%, though the cycle is not quite over y...
Syndicated Content Jun 01, 2023
As Nikkei soars, Japanese investors rush for the exits
By Junko Fujita and Ankur Banerjee TOKYO/SINGAPORE (Reuters) - As foreigners pile into Japan's steepest stock market rally in years, local investors have been furiously cashing out or even betting aga...
Syndicated Content Jun 01, 2023
China’s Henan plans ‘zero-dyanamic’ end to youth unemployment
By Farah Master HONG KONG (Reuters) - China's Henan province has unveiled a 100-day plan to "dynamically clear" youth unemployment as concern grows over record levels of joblessness among young adults...
Syndicated Content Jun 01, 2023
Major central banks renew rate hike push in May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) - The pace of interest rate hikes across major central banks showed little sign of slowing in May but the scale of the tightening tapered off,...
Syndicated Content Jun 01, 2023
Elon Musk met with Chinese Vice Premier Ding in Beijing -source
By Julie Zhu HONG KONG (Reuters) - Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on Wednesday afternoon in Beijing, a source familiar with the matter said. The source declined to...
Syndicated Content Jun 01, 2023
Nvidia CEO feels safe relying heavily on Taiwan manufacturing
TAIPEI (Reuters) - Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence, feels "perfectly safe" about relying heavily on Taiwan for manufacturing, its chief executi...
Syndicated Content Jun 01, 2023
Column-Beware conflating ‘de-dollarisation’ with weaker dollar: Mike Dolan
By Mike Dolan LONDON (Reuters) - Even if the U.S. dollar's singular dominance as global currency of choice is in fact ebbing, it may not automatically lead to a weaker dollar exchange rate - and could...
Syndicated Content Jun 01, 2023
Crypto exchange Gemini to soon operate in the UAE
(Reuters) - Gemini will "soon" start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local re...
Syndicated Content Jun 01, 2023
Peoria, IL, USA
61 °F Partly cloudy
