South Korea factory activity suffers longest downturn in at least 19 years
SEOUL (Reuters) – South Korea’s factory activity shrank at a steeper pace in June and extended its downturn to a…
Business
RBA to raise rates to 4.35% on July 4 but decision on a knife edge
By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will likely raise its interest rate by 25 basis points…
China forex regulator Pan Gongsheng named central bank party boss
(Reuters) -China’s ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank’s party secretary on Saturday, a…
Marketmind: Q3 kicks off with China PMI in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Big Bets on United Healthcare
The UnitedHealth Group (NYSE:UNH) has recently become the subject of intense market scrutiny due to a substantial investment made by…
Barclays seeks to stop being corporate banker to Odey Asset Management – FT
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on…
Tyson Foods to drop ‘no antibiotics ever’ label on some chicken products
(Reuters) -Tyson Foods is reintroducing certain antibiotics to its chicken supply chain and will drop its “no antibiotics ever” tagline…
Australian home prices climb for fourth month in June
SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing…
PIMCO CIO says preparing for ‘harder landing’ for global economy – FT
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to…
Musk says Twitter will limit how many tweets users can read
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping…