Category Archives:
Venezuela’s opposition asked to back suspending statute of limitations on bond repayments
CARACAS (Reuters) - Venezeula's political opposition - recognized by the U.S. as the country's legitimate government - was asked by a key creditor group on Monday to back the suspension of a statute o...
May 15, 2023
Asia stocks steady despite China data miss, helped by weaker dollar outlook
By Selena Li HONG KONG (Reuters) - Asia stocks mostly held firm on Tuesday despite weaker-than-expected Chinese economic data, with investors expecting the world's second-biggest economy to provide po...
May 15, 2023
Colombia’s Grupo SURA nearly doubles profits in first quarter
(Reuters) - Net profit at Grupo SURA, Colombia's largest investment company, almost doubled in the first quarter compared to the year-ago period, the company said in a filing on Monday, pointing in pa...
May 15, 2023
Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources
By Heekyong Yang SEOUL (Reuters) - South Korea's LG Display Co Ltd will start supplying high-end TV panels to Samsung Electronic Co Ltd from as early as this quarter, three sources said, in a deal tha...
May 15, 2023
Column-Yuan won’t be FX reserve currency if no one buys China’s bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - China's yuan faces significant long-term obstacles to becoming a global reserve currency of any great import, but the biggest challenge in the near term ...
May 15, 2023
US court halts ruling blocking Obamacare for some preventive healthcare
(Reuters) - A U.S. appeals court has temporarily halted a federal judge's ruling that struck down the Affordable Care Act's mandate requiring insurers to cover preventive care, the New York Times repo...
May 15, 2023
China April industrial output rises 5.6%, retail sales jump 18.4%; below expectations
BEIJING (Reuters) - China's industrial output grew 5.6% in April from a year earlier, official data showed on Tuesday, missing expectations by a large margin but accelerating from a 3.9% gain seen in ...
May 15, 2023
New Zealand set to reveal bigger deficit in ‘no frills’ 2023-24 budget
By Lucy Craymer WELLINGTON (Reuters) - New Zealand Labour government is set to reveal a worse budget bottom line and economic outlook on Thursday as it delivers what it calls a "no frills" 2023-24 bud...
May 15, 2023
Dollar on back foot as U.S. default risk weighs
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar remained under pressure on Tuesday, weighed down by the risk of a U.S. default as a standoff between Democrats and Republicans over raising the debt...
May 15, 2023
Australia’s central bank hiked in May due to inflation risks, more raises may be required
SYDNEY(Reuters) - Australia's central bank decided to hike at its May meeting due to inflation risks from weak productivity growth, persistently high services inflation and faster-than-forecast rental...
May 15, 2023
Peoria, IL, USA
70 °F Partly cloudy
