By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The People’s Bank of China is expected to keep key lending rates on hold on Monday, as traders i[...]
Read more
May 21, 2023
Fed’s Kashkari open to holding rates steady in June, WSJ reports
(Reuters) – Minneapolis Fed President Neel Kashkari said that he could support holding interest rates steady at the central bank’s next meeting in June to give officials more time to asses[...]
Read more
Yellen says June 1 is ‘hard deadline’ for raising debt ceiling
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a “hard deadline” for raising the federal debt limit, with the od[...]
Read more
Australian PM backs G7 on ‘de-risking’ trade with China
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Sunday that he backed a Group of Seven (G7) joint statement out of Japan stressing the need to ease reliance on trade with C[...]
Read more
G7’s China investment continues even as members ‘de-risk’ – Germany’s Scholz
HIROSHIMA, Japan (Reuters) – Members of the Group of Seven rich nations will ensure big investments in China continue even as they pare risky exposure to the world’s second-largest economy[...]
Read more
White House, Republicans trade barbs as debt talks paused
By Moira Warburton and Timothy Gardner WASHINGTON (Reuters) – President Joe Biden’s administration and congressional Republicans traded barbs on Saturday over raising the federal $31.4 tri[...]
Read more