Analysis-Turkish lira’s long decline a symbol of strife
By Marc Jones and Nevzat Devranoglu LONDON/ANKARA (Reuters) – As Turkey’s lira hit a record low ahead of the country’s…
May 26, 2023
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…
Mexican economy grew for sixth consecutive quarter in Q1
(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s…
US core capital goods orders unexpectedly rebound in April
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…
Pinduoduo owner PDD rides discount wave to beat revenue estimates
By Chavi Mehta and Casey Hall (Reuters) – PDD Holdings Inc beat analysts’ estimates for first-quarter revenue on Friday as…
US Consumer Spending Beats Expectations In April; Inflation Picks Up
WASHINGTON (Reuters – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second…
Tipster on Ericsson won SEC’s largest ever whistleblower award of $279 million -WSJ
(Reuters) -The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from…
Brahman Capital shuts hedge fund as profits dry up – Bloomberg News
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning…
Japan unveils policy blueprint featuring childcare, no mention of funding
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister…
Russia summons US diplomats to protest at Sullivan comments on Crimea
(Reuters) – Russia’s Foreign Ministry summoned senior U.S. diplomats on Friday to protest against remarks by White House national security…