Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Foreign investors’ selling of Chinese shares gained some momentum in May, as…
Business
Analysis-Remaining Western firms face tricky Russian exits
By Alexander Marrow (Reuters) – After months of negotiations, Finland’s Nokian Tyres was on the cusp late last year of…
Russia’s factory activity expands for 13th month running in May
(Reuters) – Activity in Russia’s manufacturing sector increased for the 13th month running in May and employment rose at its…
Big Tobacco faces big EU counterfeit problem
By Richa Naidu, Emma Pinedo and Emilio Parodi MADRID (Reuters) – Spanish police raided three clandestine tobacco factories early this…
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) – Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and…
Modi’s chip making plan flounders as firms struggle to find tech partners
By Munsif Vengattil, Aditya Kalra and Jane Lanhee Lee NEW DELHI/OAKLAND, California (Reuters) -Big companies including a Foxconn joint venture…
India’s May factory activity grows at fastest pace since Oct 2020
By Anant Chandak BENGALURU (Reuters) – India’s factory output expanded at the quickest pace since October 2020 last month thanks…
Marketmind: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin Buckland It’s a volatile time for central…
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond…
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO (Reuters) – The Bank of Japan must keep monetary policy ultra-loose as it will take time…