Category Archives:
Oil rises as China factory activity expansion lifts demand hopes
By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world's second largest crude co...
Mar 30, 2023
Chinese top hotpot chain’s overseas unit sees profit this year
By Chen Lin SINGAPORE (Reuters) - The overseas unit of China's biggest hotpot chain Haidilao expects to return to profit this year, after posting almost 80% year-on-year growth in revenue for 2022 lat...
Mar 30, 2023
Asian shares ride high in Q1 but steel for U.S. inflation data
By Stella Qiu SYDNEY (Reuters) - Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session afte...
Mar 30, 2023
World Bank maintains Thailand’s 2023 growth outlook at 3.6%
BANGKOK (Reuters) - Thailand's economy is expected to grow by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and strong pent-up dem...
Mar 30, 2023
Canada’s decision on Rogers-Shaw deal may come on Friday
(Reuters) - Canadian Minister of Innovation, Science and Industry Francois-Philippe Champagne is set to rule on Rogers Communications Inc's C$20 billion ($15 billion) deal to buy Shaw Communications I...
Mar 30, 2023
Japan to restrict chipmaking equipment exports, aligning it with U.S. China curbs
TOKYO (Reuters) - Japan's government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning it with a U.S. push to curb China's ability to make adva...
Mar 30, 2023
World Bank raises 2023 growth outlook in developing East Asia as China reopens
By Xinghui Kok (Reuters) - Growth in the developing economies of East Asia and the Pacific will accelerate in 2023 thanks to China's reopening and economic rebound, but high inflation and household de...
Mar 30, 2023
IMF urges BOJ to allow longer yields to move more flexibly
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) should consider allowing the longer end of the bond yield curve to move more flexibly even as it maintains ultra-loose monetary policy, Ranil ...
Mar 30, 2023
Masks off, beer poured at Hong Kong Rugby Sevens after COVID restrictions dropped
HONG KONG (Reuters) - Hong Kong's popular Rugby Sevens tournament kicks off in the financial hub on Friday, with revellers partying for the first time in three years without COVID-19 rules, including ...
Mar 30, 2023
China manufacturing activity expands at slower pace in March
BEIJING(Reuters) - China's manufacturing activity expanded at slower pace in March, official data showed on Friday, suggesting hopes of a strong post-COVID economic recovery are faltering amid weaker ...
Mar 30, 2023
Peoria, IL, USA
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