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Foxconn unit to sign $194 million components plant deal with India’s Tamil Nadu-source
By Munsif Vengattil and Praveen Paramasivam CHENNAI (Reuters) - A Foxconn unit will on Monday sign an agreement with India's Tamil Nadu state to build a new facility for electronic components that wil...
Syndicated Content Jul 31, 2023
Investors still see blue sky ahead for Europe travel stocks as boom abates
By Danilo Masoni MILAN (Reuters) - European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attr...
Syndicated Content Jul 31, 2023
Explainer-After surprise tweak, what now for BOJ’s yield curve control?
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) has tweaked its bond yield control policy and will allow interest rates to rise more freely, action that market participants have interpreted ...
Syndicated Content Jul 30, 2023
Marketmind: Beijing stimulus given benefit of the doubt
(Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian share markets are looking to end July with a bang as hopes for new policy steps have Chinese blue chips up 4.8...
Syndicated Content Jul 30, 2023
SEC asked Coinbase to stop trading in cryptocurrencies other than bitcoin prior to suing – FT
(Reuters) - The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financia...
Syndicated Content Jul 30, 2023
Analysis-Oil inventory drops set stage for higher prices
By Ahmad Ghaddar, Arathy Somasekhar and Trixie Yap LONDON/HOUSTON/SINGAPORE (Reuters) - Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production c...
Syndicated Content Jul 30, 2023
China’s State Council issues measures to expand consumption
BEIJING (Reuters) - China's State Council on Monday issued measures to restore and expand consumption in the automobile, real estate and services sector, aiming to give full play to the "fundamental r...
Syndicated Content Jul 30, 2023
China’s biggest cities vow to introduce steps to boost property sector
BEIJING (Reuters) - China's biggest cities including Beijing and Shenzhen said over the weekend they would implement measures to better meet the needs of homebuyers, without giving details, aiming to ...
Syndicated Content Jul 30, 2023
Typhoon Doksuri: Thousands flee their homes as heavy rain lashes Beijing
BEIJING (Reuters) - Beijing recorded its heaviest rainfall this year as the remnants of Typhoon Doksuri passed through China's capital on Monday, forcing over 31,000 people to evacuate their homes in ...
Syndicated Content Jul 30, 2023
China’s factory activity extends declines, firming case for stimulus
BEIJING (Reuters) -China's manufacturing activity fell for a fourth straight month in July, albeit at a slower pace, an official factory survey showed on Monday, reinforcing the need for further polic...
Syndicated Content Jul 30, 2023
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