Marketmind: Japan leads the way, China feels the heat
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Investors in Asia…
May 2023
With China looming, Biden plans new Pacific islands summit after PNG no-show
By Jeff Mason and Kirsty Needham ABOARD AIR FORCE ONE/SYDNEY (Reuters) -U.S. President Joe Biden will arrange another summit of…
US supply chain woes shift and persist in 2023
By Lisa Baertlein CHICAGO (Reuters) -The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing…
US regional bank shares rally after Western Alliance reports deposit growth
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. regional lenders jumped on Wednesday on growing investor confidence that…
China shuts 100,000 fake news social media accounts, ramps up content cleanup
By Bernard Orr and Eduardo Baptista (Reuters) – China has intensified efforts to clean up the internet from false news…
U.S. agrees to renew strategic pact with second Pacific island state
By Kirsty Needham and David Brunnstrom SYDNEY/WASHINGTON (Reuters) – The United States and Palau agreed on Wednesday to renew a…
Theranos founder Elizabeth Holmes to report to prison in two weeks
By Jody Godoy (Reuters) – Theranos founder Elizabeth Holmes will begin serving her prison sentence on May 30 for defrauding…
SVB Financial defeats FDIC effort to seize incoming tax refunds
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Wednesday ordered the U.S. Federal Deposit Insurance Corporation…
US Sharply Raises Shale Oil Drilling Count But Not Output Forecast
By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian…
US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian…