Category Archives:
Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank
By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -New Chinese bank loans tumbled far more sharply than expected in April, adding to worries that the economy's post-pandemic recovery is losing steam and pu...
May 11, 2023
Exclusive-Pakistan point-of-sale payments slump nearly 50% after protest violence
By Ariba Shahid KARACHI, Pakistan (Reuters) - Point-of-sale transactions routed through Pakistan's main digital payments system fell by nearly 50% the day after former Prime Minister Imran Khan's arre...
May 11, 2023
In Houston, homelessness volunteers are in a stand-off with city authorities
By Evan Garcia HOUSTON, Texas (Reuters) - In Houston, Texas, a nonprofit group has been in a stand-off with local authorities over their feeding of homeless people in front of the city's library. The ...
May 11, 2023
Republicans ready tough border control bill for U.S. House passage
By Richard Cowan WASHINGTON (Reuters) - The U.S. House of Representatives is poised to pass on Thursday Republican legislation intended to stop immigrants and illegal drugs crossing the nation's south...
May 11, 2023
Marketmind: Disinflation cheer, debt cap fear
A look at the day ahead in U.S. and global markets from Mike Dolan Investor relief that ongoing U.S. disinflation takes pressure off the Federal Reserve to resume its 14-month interest rate rise campa...
May 11, 2023
Spike in U.S.-Mexico border crossings fuels political tensions as Title 42 ends
By Mike Blake and Ted Hesson SAN DIEGO/WASHINGTON (Reuters) - The U.S. will lift COVID-19 border restrictions known as Title 42 on Thursday night, a major shift that has drawn tens of thousands of mig...
May 11, 2023
China’s JD.com beats estimates for quarterly revenue
(Reuters) -JD.com Inc, beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers. U.S.-listed shares of the Beijing-...
May 11, 2023
Yellen says G7 members looking at how to counter China’s ‘economic coercion’
By Andrea Shalal NIIGATA, Japan (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China's use of "econo...
May 11, 2023
Biden administration proposes crackdown on power plant carbon emissions
By Valerie Volcovici WASHINGTON (Reuters) - The Biden administration unveiled a sweeping plan to slash greenhouse gas emissions from the nation's power industry on Thursday, one of the biggest steps s...
May 11, 2023
Hobbit houses spring up in Bosnia hills
By Daria Sito-Sucic KRESEVO, Bosnia (Reuters) - Four sisters are building the first Hobbit-style village in southeast Europe in the green hills of central Bosnia, hoping to attract fans of "The Lord o...
May 11, 2023
Peoria, IL, USA
50 °F Partly cloudy
