China To Boost Support For High-end Manufacturing – Premier Li
BEIJING (Reuters) – China will strengthen its policy guidance to support advanced manufacturing, Premier Li Qiang was quoted as saying…
2023
UK Inflation Surprise Pressures BoE To Raise Rates Again
By David Milliken and William Schomberg LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up by…
Futures Edge Lower On Caution Ahead Of Fed Rate Decision
(Reuters) – U.S. stock index futures fell on Wednesday in the run-up to a crucial interest rate decision by the…
Tencent Reports First Annual Revenue Drop
(Reuters) – Tencent Holdings reported a drop in annual revenue for the first time ever, as China’s economic slowdown due…
UK Inflation Rate Unexpectedly Rises To 10.4% In February
By William Schomberg and David Milliken LONDON (Reuters) – British consumer price inflation unexpectedly rose to 10.4% in February, pushed…
Jittery Markets Attempt Risk-on Rally While Waiting For Powell
(Corrects para 5 to say market is pricing in 85% chance of 25 bps hike and 15% chance of no…
Chip Plants In China Won’t Be Forced To Shut If Firms Receive US Funding, Says S.Korea
SEOUL (Reuters) -South Korea’s trade ministry said on Wednesday that the United States’ proposed rules to prevent $52 billion in…
Asia Hopes For Best On Banks, Much Rests With Fed
By Wayne Cole SYDNEY (Reuters) – Asian shares staged a cautious bounce on Wednesday with hopes a global banking crisis…
TikTok CEO: App Has Never Shared US Data With Chinese Government
By David Shepardson WASHINGTON (Reuters) -TikTok’s chief executive will tell lawmakers the Chinese-owned short video app with more than 150…
Australia Could Reap $11.3 Billion From Battery Sector By 2030 – Accenture
MELBOURNE (Reuters) – Australia’s revenue potential from developing a battery industry has doubled to A$16.9 billion ($11.28 billion) by 2030…