Category Archives:
Analysis-Sensing end of Fed hikes, some investors return to dividend stocks
By David Randall NEW YORK (Reuters) - Some investors are giving the shares of dividend-rich companies a second look as expectations grow that the Federal Reserve is nearing the end of a rate-hiking cy...
Jul 25, 2023
Australia’s Wesfarmers to merge discount stores Kmart and Target
(Reuters) - Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store Kmart and discount retailer Target as the group attempts to reduce...
Jul 24, 2023
Marketmind: Earnings, China hold spotlight ahead of big rates decisions
A look at the day ahead in European and global markets from Tom Westbrook Earnings and hope for a turning in China's markets are the prelude to this week's big central bank decisions. Microsoft, Googl...
Jul 24, 2023
S&P lowers Bangladesh’s outlook to negative from stable
(Reuters) - S&P Global Ratings on Tuesday lowered Bangladesh's outlook to negative from stable, citing risks its external liquidity position could deteriorate in the next year, while foreign exchange ...
Jul 24, 2023
JPMorgan ignored Epstein’s ‘nymphettes,’ US Virgin Islands says
NEW YORK (Reuters) - The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced la...
Jul 24, 2023
China’s property shares rally after Beijing pledges economic support
By Clare Jim HONG KONG (Reuters) - Shares of China's property developers surged on Tuesday following a sharp selloff in the previous session, after policymakers said they would step up support for the...
Jul 24, 2023
China state banks seen selling US dollars to prop up yuan -sources
SHANGHAI/BEIJING (Reuters) -China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with dire...
Jul 24, 2023
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
JAKARTA (Reuters) - Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is sti...
Jul 24, 2023
Vietnam aims to raise annual raw rare earths output to 2 million t/yr by 2030
By Khanh Vu HANOI (Reuters) - Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030, according to a government plan reviewed by Reuters, as the...
Jul 24, 2023
Philippine central bank ready to resume policy tightening if needed
MANILA (Reuters) - The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge, central bank officials said on Tuesday. Bangko Sentral ng Pili...
Jul 24, 2023
Peoria, IL, USA
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