By Xie Yu and Summer Zhen HONG KONG (Reuters) -Rather than spur a relief rally in China’s battered tech sector, the past week’s developments at Jack Ma-founded Ant Group have merely remind[...]
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July 12, 2023
Arizona man who joined Jan. 6 ‘Stop the Steal’ rally sues Fox News for defamation
By Helen Coster, Tom Hals and Jack Queen NEW YORK (Reuters) – An Arizona man filed a defamation lawsuit against Fox News on Wednesday, alleging the network spread a conspiracy theory that he pla[...]
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Nasdaq leads Wall St to higher close as CPI report lifts sentiment
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more than 1% in the Nasdaq after a report showed inflation subsided further with con[...]
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ViaSat-3 Americas satellite faces deployment issue
(Reuters) – Viasat said on Wednesday there was an anomaly during the deployment of its ViaSat-3 Americas satellite in space which may affect the performance of the satellite, sending the company[...]
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US SEC scraps contentious pricing proposal in final money market fund reforms
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing the resilience of the $5.5 trillion money market fund industry,[...]
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Manhattan office market’s tough outlook persists, leaving investors on sidelines
By Herbert Lash NEW YORK (Reuters) – The end of the pandemic has brought little relief to Manhattan’s depressed market for workspace, where empty floors remain the norm and by one calculat[...]
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South Korea’s import price decline in June steepest in 8 years
SEOUL (Reuters) – South Korea’s import prices fell in annual terms for a fifth month in June and marked the steepest drop in more than eight years, central bank data showed on Thursday, an[...]
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US judge finalizes Allianz’s $6 billion criminal settlement
By Jody Godoy (Reuters) – A U.S. judge on Wednesday approved Allianz’s $6 billion settlement over the 2020 collapse of a group of investment funds, ending a scandal that took down one of t[...]
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US lawmakers seek to lower biofuel blending compliance costs
By Stephanie Kelly NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance cred[...]
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