Sri Lanka Cuts Rates By 250 Bps, Signals Rebound From Crisis
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank cut its key interest rates by 250…
2023
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond…
Elon Musk Wraps Up Whirlwind China Trip
SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai Thursday morning, wrapping up a two-day trip to China in…
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO (Reuters) – The Bank of Japan must keep monetary policy ultra-loose as it will take time…
Tennis-Federer serves up directions as latest voice on Waze navigation app
(Reuters) – After a career spent navigating the toughest opponents on the court, 20-times major winner Roger Federer will now…
Chinese graduates lower their ambitions in moribund jobs market
By Laurie Chen BEIJING (Reuters) – Applied maths graduate Liang Huaxiao tried to land a job with one of China’s…
Bank of America says healthy consumers will buoy retail unit in 2nd qtr
By Lananh Nguyen, Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America Corp expects good performance for its…
China’s Factory Activity Swings To Surprise Growth In May – Caixin PMI
BEIJING (Reuters) -China’s factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday,…
China’s factory activity swings to surprise growth in May – Caixin PMI
BEIJING (Reuters) -China’s factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday,…
Australia first-quarter business investment hits 7-year high, outlook solid
SYDNEY (Reuters) – Australian business investment rose to a seven-year high in the first quarter, helped by a jump in…