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Sudan conflict deals new blow to stagnant economy
By Khalid Abdelaziz, Sarah El Safty and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) - The conflict shaking Sudan has dealt a crippling blow to the heart of the country's economy in the capital Khartoum, a...
Syndicated Content May 04, 2023
Lofty prices tarnish gold’s lustre in top Asian retail hubs
By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) - On a recent evening in April, only three or four people browsed among the several gold jewellery booths in a plaza in B...
Syndicated Content May 04, 2023
PacWest tumbles on weighing options, other U.S. regional bank stocks fall
(Reuters) - Shares of U.S. regional banks fell premarket on Thursday, hurt by a 37% slump in PacWest Bancorp after its announcement about exploring strategic options spurred market concerns of a worse...
Syndicated Content May 04, 2023
TrendForce says SK Hynix to raise China legacy chip output capacity
SEOUL (Reuters) - South Korea's SK Hynix Inc plans to expand its legacy chip production capacity at its chip manufacturing facilities in China, market research firm TrendForce said. The world's second...
Syndicated Content May 04, 2023
Taiwan central bank may keep raising interest rates, minutes show
TAIPEI (Reuters) - Taiwan's central bank debated the need for further rate hikes this year to combat persistent inflation, minutes from its last board meeting showed on Thursday. The central bank, at ...
Syndicated Content May 04, 2023
Euro zone producer prices fall m/m in March
BRUSSELS (Reuters) - Euro zone producer prices fell a bit more than expected month-on-month in March, data showed on Thursday, pointing to a further slowdown in consumer prices as the European Central...
Syndicated Content May 04, 2023
White House to meet Microsoft, Google CEOs on AI dangers
By Nandita Bose WASHINGTON (Reuters) - The White House will host CEOs of top artificial intelligence companies, including Alphabet Inc's Google and Microsoft, on Thursday to discuss risks and safeguar...
Syndicated Content May 04, 2023
Staging partial recovery, Russia’s April car sales leap 170.4% y/y – Autostat
(Reuters) - Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the country's bruised car market staging a partial recovery from the soaring pr...
Syndicated Content May 04, 2023
Factbox-Lawsuits lodged over state-backed Credit Suisse takeover
(Reuters) - Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by selling it to Swiss banking rival UBS, a Swiss court has said. The 3 billion Swiss franc ...
Syndicated Content May 04, 2023
Hong Kong March retail sales jump 40.9% in fourth month of growth
HONG KONG (Reuters) - Hong Kong's March sales rose 40.9% from a year earlier as consumer and visitor spending continued to improve, though the low base of comparison also contributed, government data ...
Syndicated Content May 04, 2023
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