China Cuts Reserve Requirements For Banks As Economy Slows
BEIJING (Reuters) – China said on Friday it would cut the amount of cash that banks must hold as reserves…
Headlines
Investors Turn To Defensive Stocks As Economic Concerns Grow
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation…
Biden To Nominate Former Treasury Official Barr For Fed Top Regulatory Job
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said he would nominate former Treasury official Michael…
Asian shares fall, trading muted with Good Friday, holidays
TOKYO (AP) — Asian shares fell in muted trading as most world markets were closed for Good Friday and other…
BOJ Likely To Raise Inflation Forecast Near 2%, Vow To Keep Easy Policy – Sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is likely to raise its inflation forecast for…
Apple, Others Face Shipment Delays As China COVID Curbs Squeeze Suppliers – Analysts
By Josh Horwitz and Sarah Wu SHANGHAI/TAIPEI (Reuters) – Shipments of some Apple products, as well as Dell and Lenovo…
Russia May Be In Default, Moody’s Says
By Guy Faulconbridge LONDON (Reuters) -Russia may be in default after it tried to service its dollar bonds in roubles…
Moody’s Says Russia May Be In Default On Dollar Bonds
LONDON (Reuters) – Moody’s Investors Service said that Russia may be in default after it made payments on dollar bonds…
Xpeng CEO Warns China Automakers Face Production Suspensions In May
SHANGHAI (Reuters) -Automakers in China may have to suspend production in May if suppliers in Shanghai and surrounding areas are…
Japan Consumer Inflation Seen Picking Up, Still Distant From BOJ Target: Reuters Poll
TOKYO (Reuters) – Japan’s core consumer inflation likely accelerated in March from a year earlier but was still well short…