By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a positive start to the week on Monday after strong U.S. jobs data on Friday[...]
Read more
May 7, 2023
Binance resumes Bitcoin withdrawals after temporary closure
(Reuters) – Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue. Binance had paused withdrawal of Bitcoin, the world’s larg[...]
Read more
Bank buyers expect sweeteners as US government sets new bar
By Saeed Azhar, David French and Tatiana Bautzer NEW YORK (Reuters) -The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troub[...]
Read more
Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities
DUBAI (Reuters) -Saudi Arabia’s economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday. Non-[...]
Read more
China forex reserves rise to $3.205 trln in April
BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major currencies. The country[...]
Read more
Warren Buffett faults handling of bank failures, upbeat on U.S., Berkshire
By Jonathan Stempel, Carolina Mandl and John McCrank OMAHA/NEW YORK (Reuters) – Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling[...]
Read more
Buffett’s Berkshire posts $35.5 billion profit, buys back more stock
By Jonathan Stempel OMAHA, Nebraska (Reuters) – Warren Buffett’s Berkshire Hathaway Inc posted a $35.5 billion first-quarter profit on Saturday, reflecting gains from stocks such as Apple[...]
Read more