Analysis-Bond traders prepare to brave ‘painful’ yield curve bets as rate hikes slow
By Harry Robertson LONDON (Reuters) – Bond traders are eyeing a return to a type of trade that left them…
August 9, 2023
Cathay Pacific posts best H1 profit since 2010, to repay govt aid package
By Clare Jim and Jessie Pang HONG KONG (Reuters) -Cathay Pacific Airways reported on Wednesday its best first-half profit in…
Thai central bank to cut growth outlook, may hold or hike rates at next review – governor
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s central bank might hold or raise its key interest rate at…
Adani Enterprises weighs exiting $6 billion Wilmar venture – Bloomberg News
(Reuters) -India’s Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International, Bloomberg News reported…
Pickleball mania breathes new life into Arizona mall
By Liliana Salgado TEMPE, Arizona (Reuters) – The pickleball craze in the United States has reached new heights with the…
Tough road ahead for Australia’s landmark Indigenous referendum as support dips
By Praveen Menon SYDNEY (Reuters) – A referendum to constitutionally recognise Australia’s Indigenous people would fail if held now, opinion…
Canadian rapper sentenced to 10 years in prison in Megan Thee Stallion shooting
(Reuters) -Canadian rapper Tory Lanez was sentenced on Tuesday to 10 years in prison, more than seven months after he…
Chinese healthcare stocks hit by stepped up anti-graft crackdown
SHANGHAI (Reuters) – A year-long slump in China’s healthcare stocks has accelerated this week as an anti-corruption campaign gathers pace,…
Marketmind: Banking news unnerves ahead of US CPI
A look at the day ahead in European and global markets from Brigid Riley Markets have a full plate on…
Analysis-Rising bond yields emerge as pressure point for US stock rally
By Lewis Krauskopf NEW YORK (Reuters) – Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets…