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Month: June 2023

JD.com sales during China shopping festival beat expectations -analysts
AsiaBusinessEconomy

JD.com sales during China shopping festival beat expectations -analysts

By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the…

June 19, 2023June 19, 2023
Buffett adds to his holdings of Japanese trading houses
AsiaBusinessUS

Buffett adds to his holdings of Japanese trading houses

(Reuters) -Billionaire investor Warren Buffett’s Berkshire Hathaway said on Monday it added to holdings in Japan’s five biggest trading houses,…

June 19, 2023June 19, 2023
AsiaEconomy

New China-focused hedge fund bucks trend to raise more than $100 million

By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse…

June 18, 2023June 19, 2023
Blinken, Qin hold ‘candid’ talks, US and China agree to meet again
AsiaEconomyPoliticsTechnologyTop NewsUS

Blinken, Qin hold ‘candid’ talks, US and China agree to meet again

By Humeyra Pamuk BEIJING (Reuters) -The U.S. secretary of state and Chinese foreign minister on Sunday held what both called…

June 18, 2023June 18, 2023
Microsoft says early June service outages were cyberattacks
BusinessTechnologyUS

Microsoft says early June service outages were cyberattacks

(Reuters) – Microsoft said on Friday that the outages that affected certain services of the company through some of the…

June 17, 2023June 18, 2023
Biden makes re-election pitch in key swing state Pennsylvania
EconomyElectionsPoliticsTop NewsUS

Biden makes re-election pitch in key swing state Pennsylvania

By Nandita Bose and Jarrett Renshaw PHILADELPHIA (Reuters) -President Joe Biden made his 2024 re-election pitch to union members in…

June 17, 2023June 17, 2023
Boeing boosts 20 year outlook for planes due to narrowbody demand
BusinessEconomyEuropeTop NewsUS

Boeing boosts 20 year outlook for planes due to narrowbody demand

By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled…

June 17, 2023June 18, 2023
Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
BusinessEconomyUS

Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg

(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a…

June 17, 2023June 17, 2023
S&P 500 ends lower as Microsoft recedes from record high
BusinessEconomyTop NewsUS

S&P 500 ends lower as Microsoft recedes from record high

By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 ended lower on Friday, weighed down by Microsoft and…

June 16, 2023June 16, 2023
Fear of missing out on stocks’ rally drives bullish options trading
BusinessEconomyUS

Fear of missing out on stocks’ rally drives bullish options trading

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear of missing out on the recent stock market rally is driving…

June 16, 2023June 16, 2023

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