By Elizabeth Howcroft LONDON (Reuters) – More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their token[...]
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May 31, 2024
Renault, Geely create joint venture for hybrid, combustion engines
(Reuters) -French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, hoping to improve the competitiven[...]
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BOJ panelist calls for steady rate hikes, warns of inflation risk
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan must steadily raise interest rates to guard against the risk of inflation accelerating well above its 2% target, said Takeo[...]
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Japan’s household spending seen rising for first time in 14 months: Reuters poll
TOKYO (Reuters) – Japan is expected to post its first year-on-year rise in household spending in 14 months, a Reuters poll showed on Friday, although the tepid growth is likely to highlight pers[...]
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Investors hold their breath for inflation data
A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports from Europe and the U.S. headline the day’s agenda, with any k[...]
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Analysis-‘Bothersome’ rebound in US yields casts shadow on stocks at record highs
By Lewis Krauskopf NEW YORK (Reuters) – Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs. The benchmark 1[...]
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Toyota’s global volumes fall in April, led by drops in China and Japan
TOKYO (Reuters) – Toyota Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of som[...]
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China’s factory activity unexpectedly dips as property pain persists
By Joe Cash BEIJING (Reuters) -China’s manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world’s second-largest[...]
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Analysis-Aircraft shortages turn into cash bonanza for some airlines
By Rajesh Kumar Singh CHICAGO (Reuters) – Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at mu[...]
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