Category Archives:
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
Cricket-Khawaja heads to England with low expectations
MELBOURNE (Reuters) - Australia's Usman Khawaja ranks England as the toughest place for top order batsmen and will head to the Ashes with low expectations after struggling on previous tours. Khawaja h...
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 aims for better-skilled population, to improve childcare
By Farah Master HONG KONG (Reuters) - China needs to focus on education, science and technology to develop a better-skilled population, the state-backed People's Daily said on Tuesday, adding that the...
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
FTC to block Amgen’s deal to acquire Horizon Therapeutics – source
(Reuters) - The US Federal Trade Commission (FTC) is expected to file a lawsuit as early as Tuesday to block Amgen Inc's $27.8 billion deal to buy Horizon Therapeutics PLC, a person familiar with the ...
May 15, 2023
Oil prices extend gains on US plans to refill reserve, Canada’s wildfires
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose for a second day early on Tuesday, as U.S. plans to purchase oil for the Strategic Petroleum Reserve (SPR) lent support while raging wildfires in Can...
May 15, 2023
Peoria, IL, USA
42 °F Overcast
