SHANGHAI/SINGAPORE (Reuters) -China’s central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing l[...]
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July 14, 2024
China June new bank loans miss forecasts, some money gauges hit record lows
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -Chinese bank lending jumped less than expected in June while some key money gauges hit fresh record lows, highlighting weak demand in the world’s[...]
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China’s GDP recovery likely lost steam in Q2 as consumption sags
By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s economy likely grew 5.1% in the second quarter from a year earlier, slowing from a strong start in the first three months due to sluggish[...]
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Investors react to shooting at Trump election rally
(Reuters) -Following are investor and analyst reactions after Donald Trump was shot in the ear during a campaign rally in Pennsylvania on Saturday in what the FBI said it was treating as an assassinat[...]
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Trump shooting overshadows markets, China GDP in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A dramatic escalation in U.S. political tension and violence looms over world markets on Monday after the attempted assass[...]
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World Bank dollar lifeline for Pacific islands proceeds with US, Australia push
By Lucy Craymer and Lewis Jackson WELLINGTON/SYDNEY (Reuters) – The World Bank is preparing a financial lifeline for Pacific Island nations, backed by the U.S. and Australia, as an exodus of Wes[...]
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Goldman challenges Fed’s demand it hold more capital after stress test, FT reports
(Reuters) -Goldman Sachs has lodged an appeal with the U.S. Federal Reserve challenging its result in the regulator’s most recent “stress test,” which is set to force the bank to hol[...]
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Expected US rate cuts have investors looking beyond Big Tech
By Lewis Krauskopf NEW YORK (Reuters) -Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or tur[...]
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Elon Musk endorses Trump in presidential race, calls him “tough”
By Hyunjoo Jin and Alexandra Ulmer (Reuters) -Elon Musk, the billionaire CEO of Tesla, publicly endorsed Donald Trump for the first time in the U.S. presidential race, calling the Republican former pr[...]
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