Author Archives: Syndicated Content
BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official
By Leika Kihara TOKYO (Reuters) - The Bank of Japan may revise up this year's inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy in July to await more evidenc...
Jul 07, 2023
Investors focused on June US jobs data after yields spike
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are on edge ahead of Friday's U.S. jobs report after more evidence of economic resilience cemented expectations of higher rates for longer and sent ...
Jul 07, 2023
Biotech firms target weight-loss drugs without Wegovy’s side-effects
By Maggie Fick LONDON (Reuters) - Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal - shedding the weight she had not managed to drop since giving birth. But, after a particularly bruta...
Jul 07, 2023
Hague court rejects India’s objections over water treaty arbitration
AMSTERDAM/NEW DELHI (Reuters) -The Permanent Court of Arbitration (PCA) in the Hague rejected on Thursday India's objections to a Pakistan-initiated procedure over water use in the Indus River basin, ...
Jul 07, 2023
U.S. envoy expresses sorrow over ethnic violence in India’s northeast
NEW DELHI (Reuters) - The U.S. ambassador to New Delhi expressed sorrow over the ethnic violence in India's northeastern state of Manipur on Thursday, and while noting it was an Indian matter he said ...
Jul 07, 2023
Fire in Milan retirement home kills 6 people, injures 81 – reports
ROME (Reuters) - Six people have died and more than 80 have been injured following a fire in a retirement home in Milan, Italian news agencies reported on Friday. The ANSA news agency said the fire br...
Jul 07, 2023
Tesla offers cash rebate on top models in China
BEIJING (Reuters) - Tesla on Friday said it would offer new buyers of its top-selling electric vehicles in China a cash bonus equivalent to almost $500 if they have a referral from an existing owner, ...
Jul 07, 2023
Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG (Reuters) - Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge...
Jul 07, 2023
Yellen holds talks with China’s central bank governor, former economy tsar
By Joe Cash BEIJING (Reuters) - U.S. Treasury Secretary Janet Yellen met with China's central bank governor Yi Gang and former economy tsar Liu He for informal talks on the global, U.S., and Chinese e...
Jul 07, 2023
Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) - Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday, citing people familiar with the matter. It was not clea...
Jul 07, 2023
