Marketmind: Debt ceiling countdown
(Reuters) – A look at the day ahead in U.S. and global markets from Amanda Cooper. U.S. Treasury Secretary Janet…
Economy
Chinese property brokers need to reduce fees, regulator says
BEIJING (Reuters) – Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing…
Senate Republicans oppose vote just to raise US debt ceiling, push for other priorities
WASHINGTON (Reuters) – A group of 43 Republicans in the U.S. Senate said they oppose voting on a bill that…
Biden says not yet ready to invoke 14th Amendment to avoid debt default
WASHINGTON (Reuters) – President Joe Biden said on Friday he was not yet ready to invoke the 14th Amendment to…
Chinese automaker BYD to make EVs in Vietnam
HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to…
Euro zone investor morale unexpectedly dips in May
BERLIN (Reuters) – Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy…
Binance lifts block on bitcoin withdrawals amid heavy volumes
SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in…
German industrial output slumps, recession fears rise
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in March, partly due to a weak performance…
Chinese state tabloid criticises South Korean protest letter
By Laurie Chen BEIJING (Reuters) – China’s hawkish state media tabloid, the Global Times, criticised on Monday a letter of…
Italy open to selling down MPS stake on market if terms, buyers are right – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei…