Analysis-‘Big Money Never Buys Cheap’: Why Investors Are Waiting On Japan
By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories…
Headlines
Six Pacific Countries At High Risk Of Debt Distress – World Bank
WELLINGTON (Reuters) – Six Pacific countries are at a high risk of debt distress in part due to government spending…
Analysis-Overexposed US Regional Banks Could Sell Commercial Property Loans
By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at…
Amazon’s Cloud Unit To Invest $13 Billion In India By 2030
(Reuters) -Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Thursday it plans to invest 1.06…
Asian Stocks Follow Wall Street Higher Amid Debt Ceiling Optimism
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific share indexes rallied on Thursday, following Wall Street’s lead, and the dollar held…
Australia April Employment Unexpectedly Falls, Jobless Rate Ticks Up
SYDNEY (Reuters) – Australia employment unexpectedly dipped in April, following two months of outsized gains, while the jobless rate also…
Oil Prices Ease After U.S. Oil Stock Build
By Stephanie Kelly (Reuters) – Oil prices edged lower on Thursday, easing on concerns over plentiful supply after surging nearly…
Mexico’s Kavak Sets Sights On Capturing 5% Of Colombia Used-car Market
BOGOTA (Reuters) – Mexican used-car platform Kavak has opened a vehicle reconditioning plant in Colombia, which it hopes will help…
Biden, McCarthy Push Forward Towards Deal On US Debt Ceiling
By Susan Heavey, Doina Chiacu, Andrea Shalal WASHINGTON (Reuters) -President Joe Biden and top U.S. congressional Republican Kevin McCarthy on…
US Railroads Mostly On Board With Lawmakers’ Safety Push-CSX CEO
By Lisa Baertlein CHICAGO (Reuters) – U.S. freight railroads agree with most of federal lawmakers’ efforts to make the industry…