Sanctioned China stocks win sudden boost from patriotic buyers
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The trademark Chinese patriotism is back at play in markets. As…
Asia
China new home prices growth to narrow in 2023: Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will see a slower growth this year,…
Soaring airline customer complaints push global legislators to act
By Joanna Plucinska and Allison Lampert LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied airline customers….
Column-Sterling caught between rate spike and gilt rupture: Mike Dolan
By Mike Dolan LONDON (Reuters) – Britain’s interest rate horizon skyrocketed this week on another alarming inflation reading that some…
Latitude Group flags sharp drop in earnings due to cyberattack, shares fall
By Navya Mittal and Himanshi Akhand (Reuters) -Australia’s Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings…
Inflation in Tokyo slows in May, but key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan’s capital slowed in May, but a key…
Turkey cenbank’s net forex reserves negative for first time since 2002
ANKARA (Reuters) – The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002,…
BOJ will keep YCC until 2024, three-quarters of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) will likely maintain its yield curve control (YCC) policy…
Baidu will ‘very soon’ officially launch generative AI model, says CEO
BEIJING (Reuters) – Chinese search engine giant Baidu’s CEO Robin Li said on Friday that the company will “very soon”…
Australia issues interim stop order for Humm’s BNPL products, shares drop
(Reuters) -Australian fintech company Humm Group said on Friday its unit got an interim stop order from the country’s corporate…