China’s FX market stable, cross-border flows basically balanced – state media
SHANGHAI/SINGAPORE (Reuters) – Foreign investors were net purchasers of onshore yuan bonds in June, while expectations in China’s foreign exchange…
July 5, 2023
India cenbank seeks to give customers choice of card network
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit…
Wall Street wealth helps boost endowments at posh New York City private schools
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The endowments of New York City’s pricey private schools are flourishing thanks to…
Philippine inflation slows in June, supports extended rate pause
By Karen Lema and Enrico Dela Cruz MANILA (Reuters) -Philippine annual inflation eased for a fifth straight month in June,…
Germany’s Scholz hints at more chip investments
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Wednesday that he knew of further plans for large investments in…
Inside Ukraine’s tech push to counter Russian ‘suicide’ drone threat
By Tom Balmforth KYIV (Reuters) – In a basement in downtown Kyiv late last month, away from prying eyes, hundreds…
UPS, Teamsters Union contract talks in deadlock
(Reuters) – Parcel delivery firm United Parcel Service Inc and the Teamsters Union on Wednesday accused each other of walking…
UK sells government bond with highest yield since 2007
By David Milliken LONDON (Reuters) – Britain sold a government bond at auction on Wednesday that will pay investors an…
NIO – Latest Analyst Update Sees ~20% Upside
NIO is a prominent electric vehicle (EV) manufacturer that has garnered significant attention in the automotive industry. The company is…
Explainer-China’s rare earths dominance in focus after mineral export curbs
By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used…