Category Archives:
Hong Kong’s economic recovery loses steam in Q2, but recovery on track
HONG KONG (Reuters) - Hong Kong's economy lost some momentum in the second quarter but still expanded by 7.5% from a year earlier, as domestic and global activity continued to recover from last year's...
Jul 30, 2021
Take Five: Jobs, crackdowns and a fork
(Reuters) - 1/ OUT OF SURPRISES? Is this year's sharp U.S. growth rebound losing momentum? A raft of economic data due in the world's biggest economy will provide clues. U.S. non-farm payrolls on Aug....
Jul 30, 2021
‘David vs Goliath’ – Venice ban may not end cruise ship battle
By Alex Fraser VENICE (Reuters) - When the first cruise ship since the start of the pandemic sailed through the Venice lagoon last month, hundreds of people rallied on land and small boats in protest....
Jul 30, 2021
China education fund tumbles after ill-timed launch
SHANGHAI (Reuters) - Following an ill-timed launch, a Chinese fund that promised to offer global investors a "golden" opportunity to buy Chinese education stocks has dropped more than 40% this month, ...
Jul 30, 2021
South Africa’s Ster-Kinekor bets on drive-in cinema under the stars
By Nqobile Dludla JOHANNESBURG (Reuters) - Under the stars of the South African night, the movie-goers who used to throng a cinema among the shops of Johannesburg's Sandton City mall, have since the p...
Jul 30, 2021
Japan eyes fresh stimulus package as new curbs weigh on growth
By Leika Kihara TOKYO (Reuters) - Japan will act "without hesitation" to cushion the economic blow from the COVID-19 pandemic, economy minister Yasutoshi Nishimura said on Friday, signalling the gover...
Jul 30, 2021
Crypto exchange Binance to wind down derivatives in Europe
By Tom Wilson LONDON (Reuters) -Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unpreceden...
Jul 30, 2021
Allianz gets approval for first wholly foreign owned insurance asset management firm in China
HONG KONG (Reuters) - Allianz said on Friday that its local Chinese asset management unit had received regulatory approval and would be the first wholly foreign-owned insurance asset management compan...
Jul 30, 2021
Euro zone pulls more strongly than expected from recession
BRUSSELS (Reuters) - The euro zone economy grew more strongly than expected in the second quarter as the bloc rebounded from a recession caused by the COVID-19 pandemic, preliminary data showed on Fri...
Jul 30, 2021
Euro zone inflation rises above ECB target
FRANKFURT (Reuters) - Euro zone inflation rose faster than expected this month, moving decisively past the European Central Bank's 2% target with much of this year's surge still to come. Inflation in ...
Jul 30, 2021
Peoria, IL, USA
42 °F Overcast
