UK financial watchdog urges NatWest chair to stay put
LONDON (Reuters) – The chairman of NatWest Howard Davies should remain in office to ensure stability for the bank, a…
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Marketmind: Wall St shines, China misses again
A look at the day ahead in U.S. and global markets from Mike Dolan: Wall Street is lapping up a…
Auction sizes set to increase at US Treasury refunding
By Karen Brettell (Reuters) -The U.S. Treasury Department is likely to begin gradually increasing the size of its note and…
Saudi Arabia’s economy grows 1.1% in Q2, boosted by non-oil activities
DUBAI (Reuters) – Saudi Arabia’s gross domestic product (GDP) grew 1.1% in the second quarter, according to government estimates released…
Toyota to boost EV development and technology in China
By Daniel Leussink TOKYO (Reuters) – Toyota will strengthen development of electric vehicle technology in China, the automaker said on…
Hong Kong quarterly GDP growth slows on sluggish global economy
HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data…
Citigroup lifts S&P 500’s year-end target to 4,600
(Reuters) – Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability…
China hotpot chain Haidilao soars on surge in first-half profit
BEIJING (Reuters) – Shares in Haidilao International Holding soared 16% on Monday after China’s largest hotpot chain said it expected…
Japan’s megabanks eye BOJ boost after solid first quarter
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Two of Japan’s megabanks reported solid quarterly profits on Monday amid hopes…
Briton who killed terminally ill wife in Cyprus freed after sentencing
PAPHOS, Cyprus (Reuters) – A Briton found guilty of killing his terminally ill wife in Cyprus walked free on Monday…