Category Archives:
Global investment banks rush to cut yuan forecasts
SHANGHAI (Reuters) - Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the closely watched 7 per dollar level, pressured by widening yield differe...
Jun 14, 2023
Buffer party quits Romania’s government coalition in row over cabinet posts
BUCHAREST (Reuters) - An ethnic Hungarian party is quitting Romania's governing coalition in a row over cabinet posts, it said on Wednesday, further destabilising the country's already volatile politi...
Jun 14, 2023
Analysis-Diverging rates outlook has China’s yuan eying 2022 lows
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) - Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts in China against hikes in the U.S. a...
Jun 14, 2023
Taiwan needs European friends to maintain status quo, minister says
PRAGUE (Reuters) -Taiwan wants to secure peace and stability by maintaining the status quo across the Taiwan Strait that it shares with China and needs the support of European states to do so, Taiwan ...
Jun 14, 2023
Seventeen drown, 100 rescued after migrant shipwreck off Greece
ATHENS (Reuters) - Seventeen migrants drowned and 100 were rescued after their fishing vessel capsized off the town of Pylos in southern Greece, the coast guard said on Wednesday. It is unclear how ma...
Jun 14, 2023
SAP co-founder Plattner intends to sell nearly 1.46 million shares
(Reuters) - Hasso Plattner, co-founder of German software firm SAP, concluded an agreement with a bank, which was not named, to dispose of nearly 1.46 million shares of the company, a disclosure relea...
Jun 14, 2023
Thai central bank to hike more as rate not neutral yet, says core inflation high
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) - Thailand's central bank expects further gradual policy tightening as the benchmark rate is not at neutral levels yet and core inflation...
Jun 14, 2023
German econ ministry sees moderate economic recovery in 2023
BERLIN (Reuters) - The German Economy Ministry said on Wednesday it expects a moderate economic recovery over the further course of year, citing easing price pressures in the global energy market and ...
Jun 14, 2023
Harry Potter park in Tokyo hopes to enchant Asian fans
TOKYO (Reuters) - Harry Potter fans will soon be able to take up their wands, put on their robes and immerse themselves in the boy wizard's world at a new theme park set to open in Tokyo on Friday. Bu...
Jun 14, 2023
India’s Tata Steel says 18 people hospitalized after steam leak at Odisha plant
BENGALURU (Reuters) - Indian steel-making company Tata Steel on Wednesday said 18 people were injured, with two in intensive care, after a steam leak at its Odisha power plant. The company, a part of ...
Jun 14, 2023
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