Aussie, Kiwi Sink As China’s Recovery Falters; Yuan Eases On Surprise Rate Cut
By Kevin Buckland TOKYO (Reuters) – The Australian and New Zealand dollars retreated from near two-month highs on Monday after…
2022
China cuts interest rate to shore up sagging economy
BEIJING (AP) — China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a…
Asian shares mostly higher, echoing Wall Street rebound
TOKYO (AP) — Asian shares mostly rose Tuesday after a rebound on Wall Street, despite regional investor risks reflected in…
China Unexpectedly Cuts Key Rates As Economic Data Disappoints
BEIJING (Reuters) -China’s economy unexpectedly slowed in July, data showed on Monday, with factory and retail activity squeezed by Beijing’s…
Japan economy grows 2.2% in 2Q on revived consumer spending
TOKYO (AP) — Japan’s economy grew at an annual rate of 2.2% in the April-June quarter, the government said Monday,…
Japan’s Economy Stages Modest Bounce From COVID Jolt, Global Outlook Darkens
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy rebounded at a slower-than-expected pace in the second quarter from…
Caste In California: Tech Giants Confront Ancient Indian Hierarchy
By Paresh Dave OAKLAND, Calif (Reuters) – America’s tech giants are taking a modern-day crash course in India’s ancient caste…
Veteran Indian investor Rakesh Jhunjhunwala dies at 62
NEW DELHI (AP) — Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died Sunday…
China New Bank Loans Tumble More Than Expected Amid Property Jitters
By Kevin Yao and Ella Cao BEIJING (Reuters) -New bank lending in China tumbled more than expected in July while…
Australia’s Westpac Capital Position Weaker At Quarter-end
(Reuters) – Westpac Banking Corp on Monday said its capital position at the end of the fiscal third quarter was…