BofA joins others in raising China’s 2023 GDP growth forecast after strong Q1
(Reuters) -BofA Global Research and other banks raised their forecast for China’s 2023 gross domestic product (GDP) growth this week,…
Economy
ValueAct urges ouster of Seven & i President Isaka – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital is pushing to oust Seven & i Holdings President Ryuichi Isaka,…
Ford must rethink its brand for China as EVs boom, CEO says
DETROIT (Reuters) – Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co needs to…
Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the…
U.S. House Republicans squirm over Speaker McCarthy’s debt ceiling proposal
By Richard Cowan WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy has begun working in earnest to persuade his fellow…
New Zealand ships its last livestock as ban takes effect
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s last exports of livestock by sea have been completed and live exports…
BOJ unlikely to move in April, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan’s new chief Kazuo Ueda will not start unwinding its ultra-easy…
China sees more state-sector funds launched after policy drive
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Chinese asset managers are rushing to launch funds to woo…
Musk’s price cuts show challenge for Tesla’s product strategy -Ford CEO
DETROIT (Reuters) – Electric car giant Tesla’s decision to cut prices to drive up sales volume reflects the pressure it…
G7 nations considering near-total ban on exports to Russia -Kyodo
TOKYO (Reuters) – The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news…