Category Archives:
UAE’s non-oil business activity picks up in Feb on output growth-PMI
DUBAI (Reuters) - Growth in the United Arab Emirates' (UAE) non-oil private sector in February accelerated slightly from the previous month, supported by a pick up in output growth, although the overa...
Mar 02, 2023
Adani Group firms jump after GQG Partners’ $1.88 billion investment
BENGALURU (Reuters) - Shares of four Adani group companies rose between 5% and 10% on Friday, a day after U.S. boutique investment firm GQG Partners Inc picked up shares worth 154.46 billion rupees ($...
Mar 02, 2023
China’s yuan more flexible, helps stabilise economy: central bank governor
BEIJING (Reuters) - China's yuan has become more flexible, helping stabilise the economy and the central bank will keep yuan exchange rates stable, the Governor of the People's Bank of China Yi Gang s...
Mar 02, 2023
China will step up international macro policy communication – central bank governor
BEIJING (Reuters) - China will step up international macro policy communication and coordination, Yi Gang, central bank governor, said at a press conference in Beijing on Friday. China will also play ...
Mar 02, 2023
US agency sues Exxon for discrimination after nooses found at plant
(Reuters) - Exxon Mobil Corp was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment after nooses we...
Mar 02, 2023
SoftBank’s Arm to pursue US-only listing this year
(Reuters) - British chip technology firm Arm Ltd, owned by Japanese conglomerate SoftBank Group Corp, said on Friday it will pursue a US-only listing this year, ending speculation about a primary or a...
Mar 02, 2023
China will keep the yuan exchange rate ‘basically stable’ – central bank governor
BEIJING (Reuters) - China will keep the yuan exchange rate "basically stable" this year, Yi Gang, governor of the central bank, said at a press conference in Beijing on Friday, adding that volatility ...
Mar 02, 2023
Asian stocks up on hopes Fed will adopt slow approach to more hikes
By Julie Zhu HONG KONG (Reuters) - Asian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve as well as on prospec...
Mar 02, 2023
Oil prices head for weekly gain on China growth hopes
By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2% for the week as a rebound in China's factory activity offset growin...
Mar 02, 2023
Dollar eases toward first weekly loss since January as traders weigh Fed path
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar eased back from a 2-1/2-month high versus the yen on Friday and weakened toward its first weekly loss since January against major peers as traders t...
Mar 02, 2023
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