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Category: Economy

Xi, Blinken agree to stabilize US-China relations in Beijing talks
AsiaEconomyPoliticsTechnologyTop NewsUS

Xi, Blinken agree to stabilize US-China relations in Beijing talks

By Humeyra Pamuk BEIJING (Reuters) -China and the United States agreed on Monday to stabilize their intense rivalry so it…

June 19, 2023June 19, 2023
Ukraine targets initial $40 billion for ‘Green Marshall Plan’
EconomyEnvironmentEuropePoliticsTop NewsUK

Ukraine targets initial $40 billion for ‘Green Marshall Plan’

By Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part…

June 19, 2023June 19, 2023
Stocks rally stalls, eyes on Powell testimony for US rate clues
AsiaAustraliaBusinessEconomyEuropeTop NewsUS

Stocks rally stalls, eyes on Powell testimony for US rate clues

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…

June 19, 2023June 19, 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
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
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

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