Analysis-Overexposed US regional banks could sell commercial property loans
By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at…
Business
Six Pacific countries at high risk of debt distress – World Bank
WELLINGTON (Reuters) – Six Pacific countries are at a high risk of debt distress in part due to government spending…
Chile’s lithium giant SQM sees profits dip, despite uptick in prices
(Reuters) -Chile’s SQM, the world’s second-largest lithium producer, said on Wednesday that its first-quarter net profit slid almost 6% compared…
Boeing launches data tool to chart path to net-zero emissions target
WASHINGTON (Reuters) – Boeing Co said on Wednesday it is rolling out a data modeling tool aimed at helping airlines…
Explainer-The latest on tax credit rules in Biden’s climate and drugs bill
By Jarrett Renshaw and Philip Blenkinsop (Reuters) – U.S. President Joe Biden’s Inflation Reduction Act (IRA), cheered by some Democrats…
NZ sees bigger deficit as economy sputters, spending boost to fan inflation
By Lucy Craymer WELLINGTON (Reuters) -New Zealand on Thursday announced a worse-than-forecast budget deficit as a slowing economy and a…
Marketmind: Get ready for the debt ceiling rally
A look at the day ahead in European and global markets from Kevin Buckland European shares look poised to rally…
China’s fiscal revenue growth quickens as economy recovers
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a…
Australia employment unexpectedly drops, reinforcing rate pause bets
By Stella Qiu SYDNEY (Reuters) -Australia employment unexpectedly dipped in April after two months of outsized gains, and the jobless…
Micron to invest $3.7 billion in Japan for new DRAM chips
(Reuters) -Micron Technology Inc said on Wednesday it plans to invest up to 500 billion yen ($3.70 billion) in extreme…