China should shift stimulus to consumption, ease residency curbs -PBOC adviser
BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency…
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US NTSB probes Boeing 737 MAX engine fire at Newark Airport
(This July 7 story has been corrected to clarify that FAA said the engine fire extinguishers were activated after landing,…
China mutual funds cut fees as regulator targets $3.7 trillion sector
SHANGHAI/SINGAPORE (Reuters) -More than a dozen major mutual fund companies in China cut fees in roughly 1,500 fund products on…
Japan logs current account surplus for fourth month as trade gap narrows
TOKYO (Reuters) -Japan’s current account surplus more than doubled year-on-year in May, in a fourth straight month of gains, as…
TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion – WSJ
(Reuters) – Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners,…
Canadian port strike talks resume, supported by federal mediators
TORONTO (Reuters) – Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away…
Countries repatriating gold in wake of sanctions against Russia – study
By Marc Jones LONDON (Reuters) – An increasing number of countries are repatriating gold reserves as protection against the sort…
UK jobs market cools again, pay growth weakest since April 2021: REC
LONDON (Reuters) – Pay pressures in Britain’s labour market cooled further in June, according to a survey of recruiters published…
Factbox-Chinese electric vehicle investment plans in Thailand
(Reuters) – Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in…
China-led EV boom in Thailand threatens Japan’s grip on key market
By Devjyot Ghoshal and Pasit Kongkunakornkul BANGKOK (Reuters) – Thailand’s Siam Motors partnered with Nissan Motors in 1962 with a…