Marketmind: Crowded bonds unnerved
A look at the day ahead in U.S. and global markets from Mike Dolan For an investment world now so…
Asia
As EV costs tumble in China, an export wave builds
SHANGHAI (Reuters) – Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price. Companies…
Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion…
China may hold lending benchmarks steady as recovery remains on track -analysts
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to stand pat on lending benchmarks at the monthly fixing on Thursday, a…
Analysis: China’s ‘atypical’ deflation cycle gives central bank a headache
By Kevin Yao BEIJING (Reuters) – China’s central bank has plenty of reasons to loosen policy as deflationary pressures in…
Analysis-Once booming Indian startups set for more pain as funding crunch worsens
By M. Sriram MUMBAI (Reuters) – A funding squeeze at Indian startups that has already led to layoffs and delayed…
China says drafting plans to boost recovery, expansion of consumption
BEIJING (Reuters) – China is formulating plans to boost the recovery and expansion of consumption, the state planner’s spokesperson Meng…
Chinese tourists are back, but numbers still far from pre-COVID levels
By Joe Cash and Pasit Kongkunakornkul BEIJING/BANGKOK (Reuters) – Bookings in China for trips abroad during the upcoming May Day…
Brazil’s Lula condemns invasion of Ukraine, touts peace initiative
By Anthony Boadle BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Tuesday condemned the violation of Ukraine’s territorial…
Indian taxi startup BluSmart picks EV fight with Uber
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Indian ride-hailing startup BluSmart is seeking to challenge Uber and…