SYDNEY (Reuters) – The Australian dollar was pinned near three-month lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world’s largest economy, sending investors to[...]
Read moreAugust 2, 2024
Japan’s economy likely rebounded in Q2 on consumption pick-up: Reuters poll
By Leika Kihara TOKYO (Reuters) – Japan’s economy likely rebounded in the April-June period after shrinking in the previous quarter thanks to a pick-up in factory output and consumption, a[...]
Read moreJapan warns of weak yen impact on households in government white paper
By Leika Kihara TOKYO (Reuters) – A weak yen is hurting Japanese households’ sentiment and could erode their purchasing power, the government said in a report on Friday, underscoring its c[...]
Read moreTesla sued by family of motorcyclist killed in Autopilot crash
By Hyunjoo Jin SAN FRANCISCO (Reuters) – The parents of a motorcyclist who was killed in a 2022 crash involving a Tesla Model 3 on Autopilot in Utah sued the electric carmaker and the vehicle[...]
Read moreStocks sell off as US data sparks worry, yields plunge
By Chris Prentice and Samuel Indyk NEW YORK/LONDON (Reuters) – Global equities dropped on Thursday, with Wall Street’s major indexes selling off as U.S. data sparked economic worries and f[...]
Read moreUS court blocks Biden administration net neutrality rules
By David Shepardson WASHINGTON (Reuters) -A U.S. appeals court on Thursday blocked the Federal Communications Commission’s reinstatement of landmark net neutrality rules, saying broadband provid[...]
Read moreStocks slump in August kick-off as data reignites slowdown worries
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipat[...]
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