China’s deflation a near-term positive for Western central banks – PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term…
Updated
China’s JD.com beats revenue estimates despite slowing economy
(Reuters) -JD.com beat analyst forecasts for second-quarter revenue on Wednesday, as the Chinese e-commerce giant’s focus on lower-priced products paid…
Target sees profit boost on fewer discounts, Pride backlash hurts sales
By Ananya Mariam Rajesh (Reuters) -Target cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall…
Ukraine reports new attack on grain silos but cargo ship sets sail
By Pavel Polityuk KYIV (Reuters) -Ukraine said Russia had attacked its grain storage facilities overnight, but a container ship left…
Indonesia to allocate $2.7 billion next year to construction of new capital
JAKARTA (Reuters) -Indonesia is to allocate 40.6 trillion rupiah ($2.7 billion) to the construction of its new capital city in…
Maui’s displaced grow anxious as wildfire recovery drags on
By Jorge Garcia and Sandra Stojanovic LAHAINA, Hawaii (Reuters) -A week after wildfire ravaged the resort town of Lahaina, traumatized…
Who are Trevian Kutti, Harrison Floyd and Stephen Lee, indicted in Trump Georgia case?
(Reuters) – The indictment of former U.S. President Donald Trump and 18 others in Georgia includes charges against three alleged…
UK inflation pressure stays strong despite fall in headline rate
By Andy Bruce and William Schomberg LONDON (Reuters) -Worries about persistently high inflation in Britain grew on Wednesday as key…
S&P sees Indian economy growing by average 6.7% to 2031 amid short-term challenges
(This Aug. 3 story has been corrected to say that India could overtake ‘Japan and Germany’ not ‘Japan and China’…
China’s economic woes mount as trust firm misses payments, home prices fall
BEIJING/HONG KONG (Reuters) -Missed payments on investment products by a leading Chinese trust firm and a fall in home prices…