BEIJING (Reuters) -Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and so[...]
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May 28, 2023
Marketmind: Relief rally eyed on US debt ceiling deal
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in[...]
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Fed’s Goolsbee says U.S. debt ceiling deal avoids ‘extremely negative’ consequences
By Ann Saphir (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of a deal to suspend the U.S. debt ceiling, saying failure to forge an agreement would be[...]
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Czech central banker Holub: raising rates more would still makes sense
PRAGUE (Reuters) – Raising the Czech National Bank’s interest rates further would still make sense as it could serve as a signal that the central bank has not given up on its efforts to ta[...]
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France in ‘very close discussions’ with S&P ahead of rating update
PARIS (Reuters) – French Economy Minister Bruno Le Maire is in “very close discussions” with credit ratings agency Standard and Poor’s, which put France on notice in January fo[...]
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Biden, McCarthy reach tentative US debt ceiling deal
By Steve Holland, Gram Slattery and Katharine Jackson WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal gov[...]
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Explainer-US debt ceiling deal’s winding road to passage in Congress
By Richard Cowan WASHINGTON (Reuters) – Democratic President Joe Biden and top congressional Republican Kevin McCarthy struck a deal on Saturday to suspend the federal government’s $31.4 t[...]
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Analysis-Why a US debt deal may only provide short-term relief for markets
By Shankar Ramakrishnan, Davide Barbuscia, Saeed Azhar and Laura Matthews (Reuters) – Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for fina[...]
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Reaction: Biden, McCarthy debt ceiling deal
WASHINGTON (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government’s $31.4 trillion debt ceiling,[...]
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