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India’s merchandise import jump in may signals stable local economy – economists
By Ira Dugal MUMBAI (Reuters) - A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high signalled a stable local economy, economists said. Merch...
Syndicated Content Jun 16, 2023
BofA Global Research cuts 2023 China growth forecast after weak May data
(Corrects story identifier, also widens distribution) (Reuters) -BofA Global Research on Friday trimmed its China economic growth forecast for 2023, becoming the second Wall Street bank to revise fore...
Syndicated Content Jun 15, 2023
India’s TCS, Transamerica agree to end administration agreement
BENGALURU (Reuters) - India's Tata Consultancy Services said on Friday it has mutually agreed with Transamerica to end their administration arrangement due to current macro environment and respective ...
Syndicated Content Jun 15, 2023
Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It's not just the heatwave. UK consumers are paying through their noses for fish and chips too, and Friday brings the next...
Syndicated Content Jun 15, 2023
J.P. Morgan now forecasts 4% peak for key ECB rate
(Reuters) - J.P.Morgan said on Friday it expected the European Central Bank to hike interest rates by another 25 basis points in September, taking its terminal rate forecast to 4% after the central ba...
Syndicated Content Jun 15, 2023
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) - Hong Kong interbank rates rose across all tenors on Friday, with the overnight interbank offered rate rising the most, climbing to the highest in four weeks. The ...
Syndicated Content Jun 15, 2023
China’s President Xi to meet with Bill Gates in Beijing – state media
BEIJING (Reuters) - China's President Xi Jinping will meet with Bill Gates in Beijing on Friday, Chinese state media CCTV reported. (Reporting by Beijing Newsroom; Editing by Christopher Cushing)
Syndicated Content Jun 15, 2023
Analysis-Tesla’s China expansion hits speed bump amid industry overcapacity
SHANGHAI (Reuters) - Tesla's ambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China's approvals to develop 70 hectares (172 acres) of former farmland th...
Syndicated Content Jun 15, 2023
Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO (Reuters) - Nikola's top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker's proposal to increase the number of ...
Syndicated Content Jun 15, 2023
China encourages private firms to participate in key supply chain projects
BEIJING (Reuters) - China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate ...
Syndicated Content Jun 15, 2023
Peoria, IL, USA
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