A look at the day ahead in European and global markets from Tom Westbrook As markets await key U.S. inflation figures this Good Friday, the focus is swinging to a sudden resurgence in yuan volatility.[...]
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March 26, 2024
Sri Lanka unexpectedly cuts rates to spur growth, further reductions likely
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and said there was space to ease policy further as it[...]
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Chinese EV makers take centre stage at Bangkok motor show, to unveil new models
By Chayut Setboonsarng and Devjyot Ghoshal BANGKOK (Reuters) – Boosted by strong electric vehicle sales, Chinese car makers will be in the spotlight at the Bangkok International Motor Show this[...]
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Indian refiners buy more US crude as Russia sanctions tighten
By Arathy Somasekhar HOUSTON (Reuters) – More than 250,000 barrels per day of U.S. crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid ti[...]
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Australia bank CEOs call for a fix to housing shortage
SYDNEY (Reuters) -Australia’s housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of[...]
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Blackstone-owned Crown Resorts found fit to hold Melbourne casino license
SYDNEY (Reuters) -Blackstone-owned Crown Resorts can keep its licence to operate its flagship Melbourne casino, a gambling regulator said on Tuesday, more than two years after the casino was put under[...]
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Wall Street ends lower ahead of US data; dollar pressured by yen, yuan
By Stephen Culp NEW YORK (Reuters) -U.S. stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major U.S. stock in[...]
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Exclusive-Behind the plot to break Nvidia’s grip on AI by targeting software
By Max A. Cherney SAN FRANCISCO (Reuters) -Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI de[...]
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Colorado’s bid to halt Kroger-Albertsons merger set for August hearing
By Mike Scarcella (Reuters) -A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado’s case seeking to block Kroger’s $25 billion purchase of rival[...]
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