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China fines Ant 7.1 billion yuan
BEIJING (Reuters) - China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People's Bank of China (PBOC), which ...
Syndicated Content Jul 07, 2023
Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) - Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching a "monster" $7.8 trillion, accordin...
Syndicated Content Jul 07, 2023
Fisker misses second-quarter production target due to parts shortage
(Reuters) - Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup disclosed on Friday, sending its shares down 2% in premarket trading....
Syndicated Content Jul 07, 2023
Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) - China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, citing national securit...
Syndicated Content Jul 07, 2023
Hong Kong raises maximum mortgage available for homes valued up to $3.8 million
By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million ($3.83 million) for self-use homebuyers, the Hong K...
Syndicated Content Jul 07, 2023
IMF to talk to Pakistan parties including Imran Khan’s PTI on bailout deal
By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -The International Monetary Fund will seek the support of Pakistan's political parties, including former Prime Minister Imran Khan's party, for a...
Syndicated Content Jul 07, 2023
New Mexico trail clash echoes culture war across US West
By Andrew Hay TALPA, N.M. (Reuters) - Physiotherapist Spencer Bushnell lives less than a mile from farmer Carlos Arguello in Taos, New Mexico. But they are worlds apart on proposals to lace the foothi...
Syndicated Content Jul 07, 2023
Marketmind: Data-hit bond markets end summer lull
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets has finally been broken by summer storms as a blistering selloff in bonds snowballed following n...
Syndicated Content Jul 07, 2023
Wall Street futures slip ahead of jobs data
(Reuters) - U.S. stock index futures slipped on Friday, as investors remained on edge ahead of a jobs report after recent data that signaled economic resilience reinforced expectations of higher rates...
Syndicated Content Jul 07, 2023
Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown
By Karl Plume CHICAGO (Reuters) - U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil, aided by a new supply agreement with China, is set to out-ship the U...
Syndicated Content Jul 07, 2023
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