Low-budget Chinese travellers highlight shift in Hong Kong tourism
By Jessie Pang and Joyce Zhou HONG KONG (Reuters) - Cost-conscious Chinese tourists have replaced many of the cash-rich mainland travellers who once flocked to Hong Kong, with some only interested in free walking tours of the city and staying acros...
7m ago
Oil nudges higher after Saudi Arabia hikes prices
By Florence Tan SINGAPORE (Reuters) - Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen ...
29m ago
Ailing French IT firm Atos says it received four restructuring offers
PARIS (Reuters) -Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt and inject cash into the business, adding it would decide which one to pursue by the end of the month. Th...
30m ago
Canada's WestJet reaches tentative deal with union to avoid work stoppage
(Reuters) - Canadian airline WestJet Group has reached a tentative agreement with the union representing its maintenance engineers to avert work stoppage, the two parties said in a joint statement on Monday. (Reporting by Dagmarah Mackos; Editing ...
30m ago
Indonesia's Q1 GDP growth beats forecasts, at highest in 3 qtrs
JAKARTA (Reuters) - Indonesia's economy grew by 5.11% in the first quarter from a year earlier, the highest in three quarters and faster than expected, data from the statistics bureau showed on Monday. Economists polled by Reuters had expected Indo...
1h ago
Israel military begins evacuating Palestinian civilians from Rafah, radio says
JERUSALEM (Reuters) -Israel's armed forces have begun evacuating Palestinian civilians from Rafah ahead of a threatened assault on the southern Gazan city, an Israeli broadcaster said on Monday. The military gave no immediate confirmation of the report...
1h ago
Morning Bid: Back on the rate cut track
A look at the day ahead in European and global markets from Rae Wee European markets will be waking up to a fairly quiet session with London closed for a holiday and little on the economic calendar to stand in the way of the latest rate-cut rally. Inve...
1h ago
Tennis-Sinner to play in French Open only if 100% fit
(Reuters) - Jannik Sinner has cast doubt on his French Open participation, with the world number two saying he will only compete at Roland Garros later this month if he fully recovers from a hip issue that forced him out of Madrid and Rome. Sinner ...
1h ago
Global health heavyweights team up for climate, disease funding
By Jennifer Rigby LONDON (Reuters) - Three of the biggest global health funders have joined forces for the first time in a $300 million partnership aimed at tackling the linked impacts of climate change, malnutrition, and infectious diseases and an...
1h ago
RBNZ must keep policy restrictive until inflation falls within target, OECD says
SYDNEY (Reuters) - The Organisation for Economic Co-operation and Development (OECD) said on Monday that New Zealand's monetary policy must remain restrictive until inflation is brought within the central bank's target range, and urged the governme...
1h ago