China’s PBOC asks foreign banks about dollar deposit rates amid weak yuan – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they…
Economy
Pakistan’s last-gasp IMF bailout as it happened
KARACHI, Pakistan (Reuters) – Pakistan reached a staff-level agreement with the International Monetary Fund (IMF) to release $3 billion in…
How hedge funds plan to trade the second half of 2023
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) -For hedge funds, the second half of 2023…
May retail sales bump in Germany not here to stay – analysts
(Reuters) – German retail sales rose more than expected in May from the previous month, data showed on Friday, though…
Pakistan, IMF reach $3 billion staff-level agreement
By Ariba Shahid (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion…
Australia, EU trade ministers spoke as hopes of free trade deal rise – source
By Kirsty Needham SYDNEY (Reuters) – Australian and European Union trade ministers spoke on Thursday evening, a source familiar with…
New Zealand manages China relationship carefully, works to avoid being caught in rivalry -Foreign Minister
By Lucy Craymer WELLINGTON (Reuters) – New Zealand is carefully managing its relationship with China and must avoid getting pulled…
Global markets in H1: Banks vs the machines
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from…
China’s factory, service sectors stumble as economic malaise broadens
By Joe Cash BEIJING (Reuters) -China’s factory activity declined for a third straight month in June and weakness in other…
US targets China over semiconductors
(Reuters) -U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s…