US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK (Reuters) – U.S. money market fund assets hit a new record of $5.8 trillion this…
2023
Japan’s plan to issue bonds to fund childcare programme adds to debt burden
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government is expected to fund part of its spending for…
Oil Prices Rise $1 On Concerns Over Tightening Supply
By Stephanie Kelly and Emily Chow (Reuters) -Oil prices gained over $1 on Wednesday after U.S. inventories and fuel supplies…
Macau needs to diversify economy, safeguard national security -Chinese official
HONG KONG (Reuters) – Macau, the world’s biggest gambling hub, needs to diversify its economy and make greater efforts to…
PacWest sells real-estate lending unit to Roc360
By Anirban Sen and Saeed Azhar (Reuters) -PacWest Bancorp has sold its property lending division to real estate financing firm…
China’s Micron ban ‘not based in fact,’ White House says
WASHINGTON (Reuters) – The Chinese government’s recent ban on U.S. chipmaker Micron Technology over security concerns is “not based in…
Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should put trade curbs on Chinese memory chip…
Global Net Lease to buy Necessity Retail in $950 million all-stock deal
(Reuters) – Global Net Lease Inc will acquire Necessity Retail REIT Inc in an all-stock deal that would value the…
RBNZ Raises Cash Rate By 25 Bps To 5.5%, Now At Forecast Peak
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank on Wednesday raised interest rates by 25 basis points to the…
‘Last Of Us’ drama success drives Sony gaming sales
By Sam Nussey TOKYO (Reuters) – Sony Group Corp said on Wednesday that the success of hit drama “The Last…