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Buckling bond market casts pall over stocks
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slid on Friday to cap a torrid first week of the quarter for financial markets, with the dollar advancing and bonds crumbling as the resilience of U...
Syndicated Content Jul 06, 2023
Dollar steadies as US economy stays resilient; eyes on nonfarm payrolls
By Rae Wee SINGAPORE (Reuters) - The dollar held tight ranges on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against...
Syndicated Content Jul 06, 2023
Brazil’s lower house approves tax reform bill in first round, awaits second round
BRASILIA (Reuters) - Brazil's lower house of Congress approved on Thursday in a first-round of voting the main text of a tax reform that will restructure the country's complex consumption taxes. Such ...
Syndicated Content Jul 06, 2023
Goldman’s China banks downgrade based on ‘pessimistic assumptions’ -state media
BEIJING (Reuters) - Goldman Sachs' downgrade of some major Chinese lenders to "Sell" ratings is based on "pessimistic assumptions," state-backed Securities Times said in an editorial on Friday, as wor...
Syndicated Content Jul 06, 2023
Biden admin seeks emergency order halting ban on social media company contacts
(Reuters) - The Biden administration on Thursday asked a federal appeals court for an emergency order halting a lower court ruling that bars some government agencies and officials from meeting and com...
Syndicated Content Jul 06, 2023
Two buses collide in New York, injuring at least 18 people
NEW YORK (Reuters) - Eighteen people were taken to hospitals with non-life-threatening injuries after a double-decker tour bus collided with a New York City commuter bus on Thursday evening in Manhatt...
Syndicated Content Jul 06, 2023
Sumo retirees play for laughs from tourists flooding back to Japan
By Rocky Swift and Irene Wang TOKYO (Reuters) - Ohtori spent his two-decade sumo career struggling for wins so he could to move up the ranks of Japan's traditional sport, but now he is fighting to ent...
Syndicated Content Jul 06, 2023
Oil prices steady as rate hike fears offset signs of tightening supply
By Arathy Somasekhar (Reuters) - Oil prices were largely unchanged on Friday, but set to post weekly gains, as fears of higher U.S. interest rates that could dampen energy demand were offset by signs ...
Syndicated Content Jul 06, 2023
Samsung Elec flags 96% drop in Q2 profit as chip glut persists
SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in th...
Syndicated Content Jul 06, 2023
Japan’s base salary growth hits 28-year high in May
TOKYO (Reuters) - Japan's regular pay grew at the fastest pace in over 28 years in May, government data showed on Friday, as wage hikes induced by labour talks this spring started to take effect. Base...
Syndicated Content Jul 06, 2023
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