China’s deflation a near-term positive for Western central banks – PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term…
August 2023
Column-Markets clamor for ‘R-star’ signal from Jackson Hole: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Investors are hoping policymakers gathering at the Kansas City Fed’s annual Jackson Hole…
China’s JD.com beats revenue estimates despite slowing economy
(Reuters) -JD.com beat analyst forecasts for second-quarter revenue on Wednesday, as the Chinese e-commerce giant’s focus on lower-priced products paid…
Motor vehicles lift US manufacturing output in July
WASHINGTON (Reuters) – Production at U.S. factories unexpectedly rebounded in July as motor vehicle output surged, but activity continues to…
Target sees profit boost on fewer discounts, Pride backlash hurts sales
By Ananya Mariam Rajesh (Reuters) -Target cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall…
Philippines casino revenue seen doubling by 2028 as tourists flock in
By Neil Jerome Morales MANILA (Reuters) – The Philippines’ gambling industry is set to double its gross gaming revenue by…
Ukraine reports new attack on grain silos but cargo ship sets sail
By Pavel Polityuk KYIV (Reuters) -Ukraine said Russia had attacked its grain storage facilities overnight, but a container ship left…
Indonesia to allocate $2.7 billion next year to construction of new capital
JAKARTA (Reuters) -Indonesia is to allocate 40.6 trillion rupiah ($2.7 billion) to the construction of its new capital city in…
Maui’s displaced grow anxious as wildfire recovery drags on
By Jorge Garcia and Sandra Stojanovic LAHAINA, Hawaii (Reuters) -A week after wildfire ravaged the resort town of Lahaina, traumatized…
Biden to visit Hawaii on Monday, meet with wildfire survivors -White House
WASHINGTON (Reuters) – U.S. President Joe Biden and first lady Jill Biden will travel to Hawaii on Monday to survey…