Australia issues interim stop order for Humm’s BNPL products, shares drop
(Reuters) -Australian fintech company Humm Group said on Friday its unit got an interim stop order from the country’s corporate…
Economy
Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s…
Chip giant Nvidia nears trillion-dollar status on AI bet
By Aditya Soni (Reuters) -Nvidia Corp surged 24% on Thursday in one of the largest one-day gains in value for…
Australia retail sales flat in April as consumers cut back on food, dining out
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in April as consumers, who face high living costs and…
Low growth, high inflation are top risks for India, say economists: Reuters poll
By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a…
Japan finance minister says markets should set FX rates after yen weakens
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday after the yen fell…
Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in…
U.S., Chinese commerce chiefs raise complaints on trade, investment, export policies
By David Lawder and Liz Lee DETROIT/BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded…
New York City commission votes to halt deposits at Capital One
NEW YORK (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at…
JPMorgan notifies some First Republic employees of job losses -source
By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…