Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with…
Economy
Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Hong Kong raises maximum mortgage available for homes valued up to $3.8 million
By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for…
China’s Alibaba and Huawei add products to AI frenzy
By Josh Ye and David Kirton HONG KONG (Reuters) -Alibaba Group Holdings and Huawei Technologies Co on Friday showcased new…
Marketmind: Data-hit bond markets end summer lull
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets…
Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown
By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil,…
China’s Xi urges greater innovation amid tech curbs from US
BEIJING (Reuters) – China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for…
For many, French urban spending can’t shake the ghetto feeling
By Tassilo Hummel WOIPPY, France (Reuters) – After a bout of street unrest just over a decade ago, the Woippy…
Taiwan June exports slump the most in 14 years on weak China, US demand
By Roger Tung and Faith Hung TAIPEI (Reuters) -Taiwan’s exports fell more than expected in June, slumping the most in…
National Australia Bank to change home loan refinancing criteria
(Reuters) – National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help…