Author Archives: Syndicated Content
Analysis-China Evergrande subsidiary dealings raises prospects for offshore creditors
By Xie Yu and Clare Jim HONG KONG (Reuters) - Offshore creditors of China Evergrande might be able to increase their chance of recovering funds if they can prove the property developer is due money fr...
Aug 22, 2024
Rupee to ignore dovish Fed minutes; bias on downside
By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is likely to open little changed on Thursday after the mostly dovish U.S. Federal Reserve minutes failed to lift Asian peers. The 1-month non-deliver...
Aug 22, 2024
US transport safety board opens investigation into Tesla crash in California
(Reuters) - The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late Wednesda...
Aug 22, 2024
Reactions to China's anti-subsidy probe on EU dairy imports
BEIJING (Reuters) - China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc's revised tariff plan for electric vehicles made in the Asian giant. We...
Aug 22, 2024
Indonesia's Q2 current account deficit widens to 0.9% of GDP
JAKARTA (Reuters) - Indonesia's current account deficit widened to 0.9% of gross domestic product (GDP), or $3 billion, in the second quarter from a revised deficit of 0.7% of GDP in the previous quar...
Aug 22, 2024
Canada's CN Rail, CPKC lock out Teamsters union workers, shut networks
(Reuters) -Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) announced the lockout of their Canadian workers on Thursday after failed labor talks, resulting in a shutdown of their...
Aug 22, 2024
Morning Bid: It's beginning to look a lot like rate cuts
A look at the day ahead in European and global markets from Tom Westbrook With the vast majority of Fed policymakers ready to go on interest rate cuts, a global easing cycle beckons. Lower U.S. rates ...
Aug 22, 2024
Taiwan defence spend to outpace GDP growth as China threat rises
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) - Taiwan's defence spending will rise 7.7% next year, outpacing expected economic growth, the cabinet said on Thursday, as the island adds more fighter ...
Aug 22, 2024
India business activity extends robust growth streak in August, PMI shows
By Indradip Ghosh BENGALURU (Reuters) - India's business activity extended its robust growth streak in August as a stronger services industry offset a slight slowing in manufacturing expansion, accord...
Aug 22, 2024
Broncos 'trust instincts," name rookie Bo Nix starting quarterback
The Denver Broncos named rookie Bo Nix as their starting quarterback on Wednesday. The first-round draft pick will become the first rookie signal-caller to start a season opener for Denver since Hall ...
Aug 22, 2024
