By Jason Xue and Tom Westbrook (Reuters) – China’s disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of stimulus,[...]
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Analysis-Australian office landlords face price reckoning amid buyer impasse
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest landlords have announced a string of downgrades to the values of their office block portfolios over the past month, but not by enoug[...]
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French car maker Renault first-half sales jump 13%
(Reuters) -French car maker Renault on Wednesday said its worldwide sales rose 13% in the first six months of the year, with a 24% increase in Europe. Renault, which raised in June its 2023 outlook th[...]
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Marketmind: Britain’s CPI the next frontier
A look at the day ahead in European and global markets from Tom Westbrook British inflation data this morning could be the toast of trading desks if it follows updates from the U.S. and Canada and sur[...]
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Vietnam EV maker VinFast to start construction of US factory next week
By Phuong Nguyen HANOI (Reuters) -Vietnamese automaker VinFast said on Wednesday it would start construction of a $4 billion electric vehicle factory in North Carolina next week as part of its push to[...]
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AT&T does not intend to immediately remove lead cables from Lake Tahoe
By David Shepardson (Reuters) -AT&T said on Tuesday it does not intend to immediately remove lead cables from Lake Tahoe pending further analysis, according to its court filing. Shares of AT&T[...]
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China fast-fashion retailer Temu blasts rival Shein over ‘exclusionary tactics’
HONG KONG (Reuters) -Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein’s “unlawful exclusionary tactics” since Temu’s U.S. launch in 2022, ramping[...]
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Regulator cancels license of FTX’s Australian business
(Reuters) -Australia’s securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14. Bahamas-headqua[...]
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Developing Asia on track to grow faster in 2023 – ADB
MANILA (Reuters) – Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment offset the impact of weak global demand, the Asian Development Bank[...]
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