Marketmind: Looming U.S. ‘X-Date’ frays global nerves
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A heavy dose…
Economy
Treasury debt advisers warn of ‘seismic’ impact from U.S. debt payment delays
By David Lawder and Jahnavi Nidumolu WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury’s debt operations for…
South Korea current account swings back to surplus in March
SEOUL (Reuters) – South Korea’s current account balance in March ended a two-month run of deficit to post a surplus,…
Wall Street closes down as focus shifts to inflation data, debt talks
By Carolina Mandl and Caroline Valetkevitch NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday as investors grew…
Cryptoverse-Tether gets a lift from stability doubts
By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the…
Writers’ strike freezes ‘Handmaid’s Tale,’ ‘Game of Thrones’ spinoff
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – (This May 8 story has been corrected to say that…
Lackluster results, production target cuts deepen EV start-up gloom
By Tiyashi Datta and Abhirup Roy (Reuters) -EV makers Fisker Inc, Nikola Corp and Lucid Group disappointed investors with dull…
PacWest gains ground in choppy trading for U.S. regional banks
By Chibuike Oguh and Medha Singh (Reuters) -PacWest Bancorp shares regained earlier session losses on Tuesday as investor uncertainty about…
KKR-backed Envision Healthcare plans bankruptcy filing – WSJ
(Reuters) -KKR & Co Inc-backed Envision Healthcare Corp is planning to file for Chapter 11 bankruptcy protection, the Wall Street…
Oil recoups losses on plans for SPR refill, higher seasonal demand
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the…