Euro zone consumers more hopeful on inflation
FRANKFURT (Reuters) -Euro zone consumers lowered their inflation expectations, a fresh European Central Bank survey showed on Tuesday, a relief…
Economy
TSMC feels ‘good’ about possible Germany plant, in subsidy talks
TAIPEI (Reuters) – Taiwan chipmaker TSMC is feeling “good” about talks towards setting up its first European factory in Germany,…
Explainer-How Hong Kong plans to test its digital dollar in $229 billion mortgage market?
By Georgina Lee HONG KONG (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital…
Crypto exchange Binance hit by outflows of $780 million in last 24 hours – Nansen
LONDON (Reuters) – Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm…
UK construction growth edges up, despite housing slump: PMI
LONDON (Reuters) – Weak growth across Britain’s construction sector picked up modestly in May, despite an increasingly severe downturn in…
Japan PM Kishida unveils economic action plan on ‘new capitalism’
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s government on Tuesday unveiled an action plan on his…
UK investors back money market funds in May, ditch ESG funds
LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’…
Evergrande Property Services works to ensure working capital until mid-2024
(Corrects advisory to show item adds details to June 5 report) (Reuters) -Evergrande Property Services Group Ltd said on Monday…
Qantas CEO Alan Joyce sells $11 million in shares ahead of retirement
(Reuters) -Australia’s Qantas Airways Ltd’s outgoing chief executive, Alan Joyce, on Tuesday sold A$16.9 million ($11.3 million) of shares in…
Australian lender Westpac to raise interest rates after cenbank hike
(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest…