Japan’s factory activity shrinks at slowest pace in six months – PMI
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the slowest pace in six months in April on a softer decline…
Economy
UK consumer confidence highest since Feb 2022 as ‘green shoots’ emerge: GfK
By Suban Abdulla LONDON (Reuters) – British consumers were their most upbeat in more than a year this month, despite…
Fed’s Harker sees more central bank action to quash inflation pressures
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S….
Yellen says US seeks ‘healthy competition’ with China, eyes Beijing trip
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The U.S. seeks “constructive and fair” economic ties with China, but will…
BOJ open to tweaking YCC this year if wage momentum holds – sources
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is warming to the idea of tweaking its controversial bond yield…
Wall St slides after gloomy earnings led by Tesla
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended lower on Thursday after disappointing…
Chipmaking tool firms expect boom in China sales despite export rules
By Stephen Nellis (Reuters) – Two companies that make tools for manufacturing chips said that they expect sales to China…
Fed emergency lending rises slightly in latest week
NEW YORK (Reuters) – Federal Reserve emergency lending to banks in the wake of last month’s financial sector troubles remains…
Biden thanks Colombia for hosting Venezuelan refugees, eyes deeper partnership
By Jeff Mason and Julia Symmes Cobb WASHINGTON (Reuters) – U.S. President Joe Biden praised Colombian President Gustavo Petro on…
Analysis-Elon Musk pins hopes on full self-driving as Tesla’s next profit driver
By Hyunjoo Jin and Akash Sriram (Reuters) – Elon Musk is counting on full-self driving and other new technologies and…