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Swedish startup evroc plans to raise 3 billion euros for ‘hyperscale’ data centres
By Supantha Mukherjee STOCKHOLM (Reuters) - Swedish startup evroc, which is backed by EQT Ventures and Norrsken VC, plans to raise and invest 3 billion euros ($3.2 billion) over the next couple of yea...
Syndicated Content Jun 06, 2023
China’s property shares surge as investors bet on stimulus hopes
HONG KONG (Reuters) - China property stocks listed in Hong Kong jumped nearly 8% on Tuesday as investors clung to hopes that Beijing would roll out supportive measures soon to bolster the embattled se...
Syndicated Content Jun 05, 2023
Marketmind: Nervy markets back on central bank watch
A look at the day ahead in European and global markets from Ankur Banerjee: Markets are increasingly looking for the Federal Reserve to pause rate hikes next week, and, amid a blackout on Fed speakers...
Syndicated Content Jun 05, 2023
TSMC feeling ‘good’ about possible Germany plant, in talks on subsidies
TAIPEI (Reuters) - Taiwanese chipmaker TSMC is feeling "good" about talks over a possible first European factory in Germany and is discussing subsidies with the host country's government, the company'...
Syndicated Content Jun 05, 2023
Thai May headline inflation lowest in 21 months
BANGKOK (Reuters) - Thailand's headline inflation rate dropped to its lowest in 21 months in May due to falling energy and food prices and a high base in 2022, the commerce ministry said on Tuesday. T...
Syndicated Content Jun 05, 2023
China may cut rates further in H2, government researcher says
BEIJING (Reuters) - China will likely further cut banks' reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citi...
Syndicated Content Jun 05, 2023
JPMorgan’s Jamie Dimon to meet with group of US House Democrats – Bloomberg News
(Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will meet privately with a group of moderate House Democrats on Tuesday, with banking and the U.S. economy on the agenda, Bloomberg ...
Syndicated Content Jun 05, 2023
Bank of Korea: less desirable to increase gold holdings at this point
SEOUL (Reuters) - The Bank of Korea (BOK) assesses it is more desirable to maintain its dollar liquidity than to increase gold holdings for foreign exchange reserves at this point, the central bank sa...
Syndicated Content Jun 05, 2023
Dollar on back foot after weak ISM; Aussie awaits RBA
By Kevin Buckland TOKYO (Reuters) - The dollar languished well below last week's 2-1/2-month highs on Tuesday after unexpectedly soft U.S. services data firmed up expectations for a rate pause at the ...
Syndicated Content Jun 05, 2023
Dell Australia found guilty of misleading customers on monitor prices, discounts
(Reuters) - Dell Technologies Inc's Australian unit has been found guilty by the country's Federal Court to have misled customers about the prices or discounts on its add-on monitors on its website, A...
Syndicated Content Jun 05, 2023
Peoria, IL, USA
46 °F Light Rain, Mist
