BEIJING (Reuters) – China firmly opposes the abuse of export control tools such as the U.S. entity list, a foreign ministry spokesperson said on Friday, after the U.S. added 37 Chinese firms to[...]
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May 10, 2024
Take Five: Go your own way
(Reuters) – Global central banks are starting to break away from the pack as rate cuts roll out across Europe while borrowing costs in the U.S. may stay higher for longer, which is lifting the d[...]
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Australian regulator says Musk’s X should not set limits of internet law
By Byron Kaye SYDNEY (Reuters) -Elon Musk’s X has policies to take down harmful content when it chooses but should not be allowed to overrule Australian law in deciding what can be viewed there,[...]
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Chinese venture capitalists warn IPO freeze will hit innovation
SHANGHAI (Reuters) – Chinese venture capitalists have warned the country’s IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, un[...]
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Foxconn’s Q1 profit to jump from low base, AI to power growth
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for[...]
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Analysis-Europe sees two-speed IPO recovery as smaller deals lag
By Pablo Mayo Cerqueiro, Andres Gonzalez and Elisa Anzolin LONDON (Reuters) – A string of stock listings this year has infused new life into Europe’s anaemic market for initial public offe[...]
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Japan’s consumer spending extends declines, clouding outlook for BOJ rate hikes
By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s consumer spending fell for the 13th straight month in March, creating challenges for policymakers who are seeking to dri[...]
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Analysis-Dollar’s stubborn strength dents US companies’ earnings cheer
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A host of U.S. companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the do[...]
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Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billion takeover target, the Australian Financial Review reported on Frid[...]
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