Australian government rejects concerns budget may worsen inflation
By Renju Jose SYDNEY (Reuters) – Australia’s Labor government said on Wednesday the billions in cost-of-living relief unveiled in the…
Economy
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…
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…