By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina’s economy ministry on Sunday announced a series of benefits for workers and pensioners intended to soften the blow of a severe economic cris[...]
Read more
August 27, 2023
Case builds for China’s banks to cut deposit rates
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) -China’s banks will cut deposit rates soon as part of efforts to make mortgages more affordable and revive property demand, analysts[...]
Read more
Telstra Chairman Mullen to retire after 15 years
(Reuters) – Australia’s Telstra said on Monday that its chairman John Mullen would retire at the conclusion of this year’s annual meeting on October 17. After serving on the telecom major[...]
Read more
UAW votes overwhelmingly to authorize strike at Detroit Three automakers
By Joseph White, David Shepardson and Shivansh Tiwary (Reuters) -The United Auto Workers (UAW) union on Friday said members voted overwhelmingly in favor of authorizing a strike at the Detroit Three a[...]
Read more
Marketmind: Data, policy, diplomacy – China in focus again
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. As the week gets underway, asset markets across Asia yet again will be do[...]
Read more
US Commerce chief seeks trade, tourism boost in China talks
By David Shepardson BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo arrived in Beijing late on Sunday for a four-day visit aimed at boosting business ties between the world’s two larges[...]
Read more
Aussie lender NAB to cut 10% jobs in markets division – AFR
(Reuters) – National Australia Bank is preparing to cut around 60 jobs of the 600-staff at its markets division and undertake a broad restructuring exercise across its seven business, the Austra[...]
Read more
Canadian economy set to show marked slowdown in Q2, giving BoC cause to pause
By Fergal Smith TORONTO (Reuters) – Canada’s second-quarter GDP report, due on Friday, is likely to show a sharp slowdown in economic growth, a Reuters poll of economists showed, which cou[...]
Read more
US trade chief flags concerns over India’s license mandate for laptop, tablet imports
By Shivangi Acharya NEW DELHI (Reuters) – U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation’s new order mandating licenses for the import of laptops, tabl[...]
Read more