By Gaurav Dogra (Reuters) – Overseas investors bought Asian equities for the fourth consecutive month in July, spurred by signs that the Federal Reserve’s tightening cycle might be ending, a shift from last year’s policy that caused big outflows from riskier assets. Top central banks raised interest rates again last month despite cooling inflation, but…
By Moira Warburton WASHINGTON (Reuters) -Police gave an all-clear at the U.S. Capitol complex on Wednesday, finding no gunman or suspicious activities after a report of a possible active shooter that was most likely “bogus,” U.S. Capitol Police Chief Thomas Manger told reporters. After about 90 minutes of investigating, police allowed workers in three Senate…
BEIJING (Reuters) – China said on Thursday that it is “willing to maintain communications” with the United States on a possible future visit by Chinese Foreign Minister Wang Yi to Washington, D.C. The U.S. State Department said earlier this week that it had formally invited Wang, but the two sides had not finalised a date….
BEIJING (Reuters) – China’s cyberspace regulator issued on Thursday draft rules requiring service providers that hold data on more than 1 million people to undergo at least one compliance audit a year, another step in efforts to control data and information. Infrastructure information providers or services that process data of more than one million users…
A look at the day ahead in European and global markets from Brigid Riley The Wednesday “hump” may have passed, but the week is far from over as we head into this data-heavy day, with a Bank of England rate decision and Apple earnings topping the schedule. The BOE is leaning toward a 25 basis…
By Lewis Jackson SYDNEY (Reuters) – Australia’s office vacancy rates crept higher in the first half to levels not seen since the 1990s, according to new research on Thursday which underscores the challenges facing landlords struggling to fill buildings emptied during COVID amid a slowing economy. Vacancies in downtown Sydney, Melbourne and Perth, where most…
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will raise interest rates by 25 basis points next quarter in their last hike of the cycle, economists polled by Reuters said following a surprise pause on Tuesday. On Aug. 1, the Reserve Bank of Australia left rates unchanged for a second straight month, stating the…
(Reuters) – Russian forces have made no headway along the front lines, but are entrenched in heavily mined areas they control, making it difficult for Ukrainian troops to move east and south, Ukrainian officials said on Wednesday. Russian accounts of the fighting on the frontline said 12 Ukrainian attacks had been repelled in Donetsk region…
By Clare Jim HONG KONG (Reuters) -Shares of Evergrande Property Services Group shed 50% of their value on Thursday when trading resumed after 16 months, following the release of its financial results and the end of an investigation into misused funds involving its parent. The property services firm was dragged into financial troubles after its…
(Reuters) -A federal jury on Wednesday voted to sentence Robert Bowers to death for killing 11 worshippers at Pittsburgh’s Tree of Life synagogue in 2018, the deadliest antisemitic attack in U.S. history. In June, the jury found Bowers, 50, guilty of dozens of federal hate crimes in a trial held at the U.S. District Court…
