BEIJING (Reuters) – Several Chinese major state banks will lower the yuan deposit rates from Thursday, state media Securities Times reported, a move that could give more room for lower lending c[...]
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June 7, 2023
EU launches survey seeking to boost the appeal of its debt
By Yoruk Bahceli (Reuters) -The European Union launched a survey on Wednesday to identify ways to boost the trading and appeal of bonds it sells, the latest effort to get investors to treat the EU as[...]
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South Korea, Taiwan stocks bag huge foreign inflow in May on chip demand
By Gaurav Dogra (Reuters) – South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the s[...]
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Biden’s approval rating at 41%, Americans concerned about economy -Reuters/Ipsos poll
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval was at 41% in recent days, close to the lowest level of his presidency but little changed following a tense[...]
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Marketmind: Fearless VIX, China miss, Canada hike?
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stock market volatility back at pre-pandemic lows, you’d be forgiven for wondering where the market angst had gone. W[...]
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Euro economic misses may mask pandemic reboot :Mike Dolan
By Mike Dolan LONDON (Reuters) -Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, the euro zone may not want or need to go back there. One of the biggest[...]
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OECD sees limited growth pick-up as rate hikes weigh
By Leigh Thomas PARIS (Reuters) -Global economic growth will pick up only moderately over the next year as the full effects of central bank rate hikes are felt, the OECD said on Wednesday, the latest[...]
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UK has limited room for pre-election tax cuts, OECD says
By William Schomberg LONDON (Reuters) -The government of British Prime Minister Rishi Sunak has little room to cut taxes ahead of the next national election expected in 2024, the Organisation for Econ[...]
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Taiwan May exports drop again as China weighs; outlook stays dim
TAIPEI (Reuters) – Taiwan’s exports fell for a ninth consecutive month in May, although meeting expectations, in a symptom of anaemic demand for the island’s tech products from China[...]
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