(Reuters) -The European Union launched an investigation into flat-rolled iron or steel products plated or coated with tin from China in a latest effort to protect home-grown manufacturers. It has also[...]
Read more
May 17, 2024
Global equity funds draw inflows on rate cut hopes, soft US economic data
(Reuters) – Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer U.S. jobs report and lower-than-expected inflation fi[...]
Read more
JPMorgan investors weigh CEO Dimon’s strategy, succession after record year
By Nupur Anand NEW YORK (Reuters) -With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm’s succession plans, investments in artificial intelligence[...]
Read more
The Dow’s climb to a record 40,000 points
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursda[...]
Read more
Morning bid: Dow flirts with 40k, China fights homes bust
A look at the day ahead in U.S. and global markets from Mike Dolan After a week of worldwide stock market records, Friday seems set for a breather – with attention switching to the deepening Chi[...]
Read more
Hedge funds play a weak Japanese yen
By Nell Mackenzie LONDON (Reuters) – Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains a headache for Tokyo. The yen is down 9.4% against the dollar so far th[...]
Read more
Hong Kong allows China’s digital yuan to be used in local shops
By Selena Li HONG KONG (Reuters) – Hong Kong will allow mainland China’s pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marki[...]
Read more
China unveils ‘historic’ steps to stabilise crisis-hit property sector
By Liangping Gao and Clare Jim BEIJING/HONG KONG (Reuters) -China announced “historic” steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 tri[...]
Read more
BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says
By Anousha Sakoui LONDON (Reuters) – BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a not[...]
Read more