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Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG (Reuters) - Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge...
Syndicated Content Jul 06, 2023
Yellen holds talks with China’s central bank governor, former economy tsar
By Joe Cash BEIJING (Reuters) - U.S. Treasury Secretary Janet Yellen met with China's central bank governor Yi Gang and former economy tsar Liu He for informal talks on the global, U.S., and Chinese e...
Syndicated Content Jul 06, 2023
Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) - Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday, citing people familiar with the matter. It was not clea...
Syndicated Content Jul 06, 2023
Marketmind: Battered bond market braces for payrolls
A look at the day ahead in European and global markets from Tom Westbrook Bond markets are in a world of pain, with yields catapulted to decade highs across developed markets. The trigger is not immed...
Syndicated Content Jul 06, 2023
Japan’s nuclear regulator approves Tepco’s release of Fukushima water
TOKYO (Reuters) - Japan's nuclear regulator granted approval on Friday for utility Tokyo Electric Power Co (Tepco), which ran the destroyed Fukushima Daiichi nuclear power plant, to start releasing mo...
Syndicated Content Jul 06, 2023
Yellen seeks to calm a fraught but close-knit US-China trade relationship
By David Lawder and Joe Cash WASHINGTON/BEIJING (Reuters) - As U.S. Treasury Secretary Janet Yellen tries to steady an increasingly tense relationship with China, the world's two largest economies rem...
Syndicated Content Jul 06, 2023
Slower, still strong US job growth expected in June
By Lucia Mutikani WASHINGTON (Reuters) - U.S. growth likely slowed in June after surging in the prior two months, but labor market conditions remain tight, with the unemployment rate expected to have ...
Syndicated Content Jul 06, 2023
US starts new round of audit inspections on China firms- source
(Reuters) -U.S. inspectors have started a fresh round of routine checks on Wall Street-listed Chinese companies' audits in Hong Kong in recent weeks, a source familiar with the matter said on Friday. ...
Syndicated Content Jul 06, 2023
Deep-sea metal rush in doubt as regulatory body meets
(Refiles to fix punctuation in paragraph 4) By David Stanway SINGAPORE (Reuters) - Plans to extract minerals from the ocean floor are expected to be put on hold next week at a meeting of the U.N. body...
Syndicated Content Jul 06, 2023
Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) - PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were ...
Syndicated Content Jul 06, 2023
Peoria, IL, USA
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