US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains…
Asia
Russia approves sale of Volkswagen plant to domestic dealership
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car…
Musk: Tesla to make significant investments in France at some point
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in…
Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) – Kioxia Holdings Corp and Western Digital Corp are speeding up merger…
Australia’s InvoCare gets higher $1.3 billion offer from TPG, shares jump
By Scott Murdoch and Himanshi Akhand (Reuters) -Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a…
Fair access to proper housing can boost economic growth – report
By Marine Strauss BRUSSELS (Reuters) – Providing equitable access to appropriate housing in slums and other informal settlements could massively…
IMF official says Sri Lanka reforms critical, evaluating progress
By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms…
India’s April merchandise and services trade deficit at 21-month low
By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India’s merchandise and services trade deficit narrowed to a 21-month…
Philippine central bank signals pause in tightening cycle as inflation cools
By Neil Jerome Morales and Enrico Dela Cruz CEBU, Philippines (Reuters) – The Philippine central bank could pause interest rate…
China central bank to keep liquidity ample, support economic recovery
BEIJING (Reuters) – China’s central bank said on Monday it would keep liquidity reasonably ample and interest rates reasonable and…