Explainer-How Hong Kong plans to test its digital dollar in $229 billion mortgage market?
By Georgina Lee HONG KONG (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital…
Crypto exchange Binance hit by outflows of $780 million in last 24 hours – Nansen
LONDON (Reuters) – Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm…
UN climate talks in Germany kick off with no final agenda
By Riham Alkousaa BERLIN (Reuters) – United Nations climate talks in Germany kicked off on Monday without an agreed final…
UK construction growth edges up, despite housing slump: PMI
LONDON (Reuters) – Weak growth across Britain’s construction sector picked up modestly in May, despite an increasingly severe downturn in…
Japan PM Kishida unveils economic action plan on ‘new capitalism’
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s government on Tuesday unveiled an action plan on his…
UK investors back money market funds in May, ditch ESG funds
LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’…
Chevron produces first gas from Gorgon Stage 2 development off Western Australia
SINGAPORE (Reuters) – Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off…
Evergrande Property Services works to ensure working capital until mid-2024
(Corrects advisory to show item adds details to June 5 report) (Reuters) -Evergrande Property Services Group Ltd said on Monday…
Qantas CEO Alan Joyce sells $11 million in shares ahead of retirement
(Reuters) -Australia’s Qantas Airways Ltd’s outgoing chief executive, Alan Joyce, on Tuesday sold A$16.9 million ($11.3 million) of shares in…
Australian lender Westpac to raise interest rates after cenbank hike
(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest…