China may raise $850 billion in new debt over three years to spur growth, says report
By Kevin Yao and Liangping Gao BEIJING (Reuters) – China may raise an additional 6 trillion yuan ($850 billion) from…
Category: Economy
Progressive’s quarterly profit more than doubles on strong insurance demand
(Reuters) – Progressive Corp said on Tuesday its third-quarter profit more than doubled, driven by strong demand for personal auto…
Top BRICS economic officials stay away from Moscow meeting
By Gleb Bryanski MOSCOW (Reuters) – Most finance ministers and central bank chiefs from the BRICS group of countries did…
Texas Stock Exchange moves closer to launch with leadership team, board
By Laura Matthews and Suzanne McGee NEW YORK (Reuters) – The Texas Stock Exchange, which is planning to launch next…
Obesity drug developer BioAge Labs aims up to $640 million valuation in upsized US IPO
(Reuters) -BioAge Labs is eyeing a valuation of up to $639.7 million in its upsized initial public offering in the…
MBX Biosciences seeks up to $482.5 million valuation in US IPO
(Reuters) – MBX Biosciences, which is developing peptide therapies for treating endocrine and metabolic disorders, including obesity, said on Monday…
Yields surge as data renews economic confidence
(In Aug 15 story, corrects typo in firm name in paragraph 10 to “+” from “&”) By Alden Bentley NEW…
Mpox-linked stocks extend rally into second week
(Reuters) – Shares of some mpox vaccine and drug developers jumped sharply on Monday in premarket trading, putting them on…
Yields slip back as markets digest upbeat economic data
By Alden Bentley NEW YORK (Reuters) -U.S. Treasury yields eased on Friday, partly reversing the previous day’s big gains as…
Short bets in five-year Treasury futures largest on record -CFTC data
(Reuters) – Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week,…