Australian state bans PwC from new tax contracts for three months
SYDNEY (Reuters) – An Australian state on Thursday imposed a three-month ban on PricewaterhouseCoopers’ (PwC) local unit from receiving new…
Economy
China’s slower home price growth, deepening investment slump signal more easing
BEIJING (Reuters) -China’s new home prices rose at a slower pace in May, while the steepest slump in property investment…
Japan govt says volatile forex market ‘undesirable’
TOKYO (Reuters) – Japan’s top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and…
China’s Jan-May property investment, sales fall at faster pace
BEIJING (Reuters) – Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period…
China cuts medium-term loan rates as economy sputters, more easing expected
SHANGHAI/SINGAPORE (Reuters) – China’s central bank cut the borrowing cost of its medium-term policy loans for the first time in…
New Zealand dips into recession, putting rate hikes in doubt
By Lucy Craymer WELLINGTON (Reuters) -New Zealand slipped into recession as the economy shrank in the first quarter, data showed…
Chinese ETFs draw options bulls on hopes of a rebound
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Options on several U.S.-listed Chinese exchange traded funds have…
Tumbling exports feed worker unrest in world’s factory China
By Laurie Chen BEIJING (Reuters) – Strikes at Chinese factories have surged to a seven-year high and are expected to…
Fed leaves rates unchanged, sees two small hikes by end of 2023
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but signaled…
US stocks end mixed after Fed signals more rate hikes to come
By Noel Randewich and Sruthi Shankar (Reuters) – U.S. stocks ended mixed on Wednesday after the Federal Reserve kept U.S….