Investors pile into cash, but snap up Chinese stocks in tricky markets
LONDON (Reuters) – Uncertainty over the economic outlook and the banking sector prompted investors to move money back into cash…
Asia
US House votes to repeal Biden solar tariff waiver
(Reuters) – The U.S. House of Representatives on Friday voted to repeal President Joe Biden’s suspension of tariffs on solar…
Wall Street ends sharply lower, Treasury yields slide as recession fears mount
(This April 25 story has been corrected to rectify the name of the firm to Morgan Stanley Investment Management, not…
After Reliance-Warner deal, JioCinema pricing, local content in focus
By Shilpa Jamkhandikar, Aditya Kalra and Munsif Vengattil MUMBAI (Reuters) – The video streaming business of Mukesh Ambani, Asia’s richest…
Russian central bank keeps future hikes on table as it holds rates
By Vladimir Soldatkin, Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank held its key interest rate at…
Mastercard seeks to expand crypto card tie-ups
By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto…
India March infrastructure output grows 3.6%, a five-month low
NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part…
Toyota-affiliate Daihatsu rigged safety test for 88,000 cars
TOKYO (Reuters) – Toyota Motor Corp affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for…
In change for oil market, new US crude in Brent index lacks loading plan
By Alex Lawler LONDON (Reuters) – The U.S. crude oil being added to the global Brent benchmark will lack the…
Chile’s lithium takeover plan faces technical, political challenges
By Fabian Cambero SANTIAGO (Reuters) -While Chile’s plan to take control of its lithium industry has caused global shockwaves, state-led…