ECB backs draft EU rules for winding down smaller banks
FRANKFURT (Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when…
Indian rupee rangebound in near term, to rise a bit in a year: Reuters poll
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The rupee will hold on to its recent gains against the…
Order limiting Biden officials’ social media outreach on shaky legal ground, experts say
By Brendan Pierson and Andrew Goudsward (Reuters) – A federal judge’s order restricting Biden administration officials from contacting social media…
Lawyer wanted by Hong Kong says he was exercising his rights in Australia
By Kirsty Needham SYDNEY (Reuters) – An Australian lawyer with a bounty on his head from the Hong Kong authorities,…
China’s northern cities brace for more torrid heat
BEIJING (Reuters) -Chinese weather forecasters on Thursday issued a string of heat advisories across northern parts of the country as…
Beijing’s curbs on niche metal exports threaten China supply glut
BEIJING (Reuters) – China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing…
Bitcoin hits 13-month high
LONDON (Reuters) – Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500….
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
SHANGHAI/HONG KONG (Reuters) – Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a…
Euro zone retail sales flat in May, still down year-on-year
BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending…
Canada M&A activity improves, but dealmakers uncertain on second-half outlook
By Maiya Keidan TORONTO (Reuters) – Canadian mergers and acquisitions (M&A) volumes picked up in the second quarter driven primarily…