China state banks seen mopping up offshore yuan to stem currency weakness
SHANGHAI (Reuters) -China’s major state-owned banks were seen actively mopping up the offshore yuan on Monday, three people with knowledge…
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Factbox-Big brokerages cut China growth forecast on growing worries over property sector
(Reuters) – Seven major brokerages cut China’s economic growth forecast for the year as worries about contagion from debt repayment…
Explainer-Maui inferno: What are the deadliest wildfires in US history?
By Stephen Culp (Reuters) -The Maui wildfires in Hawaii have killed at least 114, making it the deadliest U.S. wildfire…
China surprises with modest rate cut amid growing yuan risks
SHANGHAI/SINGAPORE (Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate…
How airlines cope with price surge during disasters
By Allison Lampert and Doyinsola Oladipo (Reuters) -Canadians vented their frustration against airlines on social media last week after prices…
Arm IPO to put SoftBank’s AI hard sell to the test
By Anton Bridge TOKYO (Reuters) – When SoftBank Group-owned chip designer Arm files for a Nasdaq IPO on Monday, investors…
Foreign investors undeterred by China tensions, says Taiwan stock exchange chairman
By Faith Hung and Roger Tung TAIPEI (Reuters) – Foreign investors seem to be undeterred by the possibility that growing…
Take Five: Summer at Jackson Hole
LONDON (Reuters) -It’s summer camp season and not to be left out, U.S. rate setters and overseas pals gather in…
Analysis-China’s EV makers face cost and consumer challenges to conquer Europe
By Victoria Waldersee BERLIN (Reuters) – China’s electric vehicle (EV) makers, which have raced past foreign rivals to top sales…
Marketmind: China to cut rates, but will it ‘go big’?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….