By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The last great hope for China’s faltering post-pandemic rally is fading as the nation’s legion of small-time investors t[...]
Read more
May 30, 2023
US clamps down on sensitive export requests to China
By David Shepardson WASHINGTON (Reuters) – The U.S. government is closely scrutinizing exports to China and last year denied or took no action on a quarter of requests in order to stop sales tha[...]
Read more
UK business confidence dips in May, inflation pressures persist: Lloyds
By Suban Abdulla LONDON (Reuters) – Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the economy and their trading prospects[...]
Read more
Rating agency KBRA remains confident in US government top rating
NEW YORK (Reuters) – Kroll Bond Rating Agency (KBRA) said on Tuesday it remained confident about its top AAA rating for the U.S. government as a debt ceiling deal appeared within reach and becau[...]
Read more
New Zealand-UK free trade agreement to start benefiting exporters -NZ PM
By Lucy Craymer WELLINGTON (Reuters) – New Zealand companies will start to benefit from the country’s new free trade agreement (FTA) with the United Kingdom with the pact now in force, the gover[...]
Read more
Marketmind: All eyes on China’s PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian market focus on Wednesday turns to Chinese purchasing managers index figures, which will give th[...]
Read more
Cost of insuring against US default contracts further on debt bill hopes
LONDON (Reuters) – The cost of insuring exposure to a U.S. debt default fell further on Tuesday, reflecting investor optimism over a tentative deal by U.S. lawmakers to raise the $31.4 trillion[...]
Read more
Risks lie ahead for US credit standing after tentative debt ceiling deal
By Davide Barbuscia NEW YORK (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit outlook, analysts said, in addition to the immediate risk that Congress ma[...]
Read more
Shares close mixed, Nvidia’s 3% rise offsets debt ceiling jitters
By Herbert Lash and Shreyashi Sanyal (Reuters) -Stocks on Wall Street closed mixed on Tuesday, pressured by worries about U.S. lawmakers opposed to a deal to raise the $31.4 trillion debt ceiling, but[...]
Read more