South Korea producer inflation slowest in almost 2-1/2 years
SEOUL (Reuters) – South Korea’s producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank…
Economy
UN chief calls for acceleration of Black Sea grain deal exports
By Michelle Nichols UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio Guterres called for an acceleration of Black Sea grain…
Visa names EA’s Chris Suh as finance chief
(Reuters) -Visa has hired Chris Suh, the finance chief at Electronic Arts and a former executive at Microsoft, as its…
Bitcoin rises 5.1% at $28,211
(Reuters) – Bitcoin rose 5.1% to $28,211 at 20:49 GMT on Tuesday, adding $1,369 to its previous close. Bitcoin, the…
Blinken China’s trip likely to bring only temporary relief for tensions
By David Brunnstrom, Yew Lun Tian and Martin Quin Pollard WASHINGTON/BEIJING (Reuters) – The first trip to China by a…
Stocks fall, U.S. dollar up ahead of Powell testimony
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as…
Inside China’s underground market for high-end Nvidia AI chips
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase…
Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share scheme…
Italy gained little from Belt and Road deal with China – foreign minister
ROME (Reuters) – Italy’s participation in China’s Belt and Road Initiative (BRI) has produced few benefits, Rome’s Foreign Minister Antonio…
Analysis-Forex derivatives nudged out into the open as regulations increase costs
By Laura Matthews NEW YORK (Reuters) – Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike…