May 18, 2023 | Asia, Australia, Business, Economy, Europe, US
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart Inc raised its sales outlook and strong economic data calmed recession fears while also dampening hopes the Federal...
May 17, 2023 | Asia, Australia, Business, Economy, Europe, US
By Stephen Culp NEW YORK (Reuters) – Wall Street rallied to a higher close on Wednesday, gathering momentum throughout the afternoon trading, and the dollar touched a six-week high as regional banks surged and negotiations in Washington over raising the debt...
May 15, 2023 | Asia, Business, Economy, Europe, Politics, US
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable. Asked after a meeting with French President Emmanuel Macron whether Tesla...
May 14, 2023 | Asia, Business, Economy, US
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Major economic data from China and Japan, and a central bank rate decision from the Philippines could be the main regional drivers for Asian markets this week, with...
May 13, 2023 | Asia, Business, Canada, Economy, Europe, Health, UK, US
TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan’s Yomiuri newspaper said on Saturday. In addition to the G7, G20...
May 13, 2023 | Asia, Business, Economy, Europe, US
By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a three-day meeting overshadowed by concerns about the U.S. debt stalemate and...