Author Archives: Syndicated Content
Hedge funds may lose billions from Temu owner PDD's stock crash
By Summer Zhen HONG KONG (Reuters) - Concentrated bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in its shares followi...
Thomson Reuters Aug 30, 2024
Uber CEO says growth in South Korea promising despite underdog status
SEOUL (Reuters) - Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi...
Thomson Reuters Aug 29, 2024
US FDA approves use of Emergent's smallpox vaccine for people at high risk of mpox
(Reuters) - Emergent BioSolutions on Thursday said the U.S. Food and Drug Administration (FDA) had approved expanded use of its ACAM2000 smallpox vaccine to include people at high risk for mpox infect...
Thomson Reuters Aug 29, 2024
Typhoon Shanshan pounds Japan with torrential rains, severe wind
By Tim Kelly FUKUOKA, Japan (Reuters) - Typhoon Shanshan brought torrential rain across large parts of Japan on Friday, with warnings for flooding and landslides hundreds of miles from the storm's cen...
Thomson Reuters Aug 29, 2024
Kamala Harris says she will not ban fracking as president
WASHINGTON (Reuters) - Democratic presidential candidate Kamala Harris told CNN on Thursday that she would not ban fracking if elected president. "No, and I made that clear on the debate stage in 2020...
Thomson Reuters Aug 29, 2024
Australia's Star Entertainment halts trading to assess impact of regulatory findings
(Reuters) - Star Entertainment said on Friday its Australia-listed shares were halted from trading for the casino operator to digest the fallout from a scathing report on its corporate culture and ass...
Thomson Reuters Aug 29, 2024
Australia retail sales go flat in July
SYDNEY (Reuters) - Australian retail sales went flat in July after a couple of months of upbeat results boosted by discounting events, with spending on clothes and at department stores taking a hit as...
Thomson Reuters Aug 29, 2024
Analysis-China's interest rate reform will be 'arduous, long' process
By Kevin Yao BEIJING (Reuters) - China's central bank wants to shift its policy framework to target the cost of credit rather than its size, but liquidity risks and uncooperative markets are making it...
Thomson Reuters Aug 29, 2024
Factbox-The Chinese central bank's policy arsenal
BEIJING (Reuters) - The People's Bank of China (PBOC) aims to create a more market-driven interest rate curve and move away from quantitative policy tools to help wean the economy off state-directed b...
Thomson Reuters Aug 29, 2024
Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin
By Jonathan Stempel NEW YORK (Reuters) - Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency doge...
Thomson Reuters Aug 29, 2024
Coldwater, MI, USA
74 °F Sunny

