Category Archives:
Thai stocks flounder in absence of China spark
By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) - Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in Jan...
Jun 16, 2023
Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) - European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in early 2023 has fizzled out i...
Jun 16, 2023
Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING (Reuters) - Four major Western banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after May data showed a post-COVID recovery was faltering in the world's second...
Jun 16, 2023
India’s merchandise import jump in may signals stable local economy – economists
By Ira Dugal MUMBAI (Reuters) - A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high signalled a stable local economy, economists said. Merch...
Jun 16, 2023
BofA Global Research cuts 2023 China growth forecast after weak May data
(Corrects story identifier, also widens distribution) (Reuters) -BofA Global Research on Friday trimmed its China economic growth forecast for 2023, becoming the second Wall Street bank to revise fore...
Jun 15, 2023
India’s TCS, Transamerica agree to end administration agreement
BENGALURU (Reuters) - India's Tata Consultancy Services said on Friday it has mutually agreed with Transamerica to end their administration arrangement due to current macro environment and respective ...
Jun 15, 2023
Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It's not just the heatwave. UK consumers are paying through their noses for fish and chips too, and Friday brings the next...
Jun 15, 2023
J.P. Morgan now forecasts 4% peak for key ECB rate
(Reuters) - J.P.Morgan said on Friday it expected the European Central Bank to hike interest rates by another 25 basis points in September, taking its terminal rate forecast to 4% after the central ba...
Jun 15, 2023
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) - Hong Kong interbank rates rose across all tenors on Friday, with the overnight interbank offered rate rising the most, climbing to the highest in four weeks. The ...
Jun 15, 2023
China’s President Xi to meet with Bill Gates in Beijing – state media
BEIJING (Reuters) - China's President Xi Jinping will meet with Bill Gates in Beijing on Friday, Chinese state media CCTV reported. (Reporting by Beijing Newsroom; Editing by Christopher Cushing)
Jun 15, 2023
Peoria, IL, USA
60 °F Partly cloudy
