China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:15
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:24
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:45
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:45
US special envoy for Iran's security clearance under review
By Arshad Mohammed and Humeyra Pamuk (Reuters) -U.S. Special Envoy for Iran Robert Malley said on Thursday his security clearance
2023-06-30 07:54
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:52
Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 06:50
US FDA approves BioMarin's gene therapy for hemophilia A
By Nathan Gomes (Reuters) -The U.S. Food and Drug Administration on Thursday approved BioMarin Pharmaceutical's gene therapy for hemophilia A,
2023-06-30 04:28
Koran burning in Sweden sparks protest in Baghdad
By Ahmed Saad BAGHDAD (Reuters) -Dozens of Iraqis protested on Thursday in front of the Swedish Embassy in Baghdad after
2023-06-30 03:22
Russia Latest: Top General Questioned on Ties to Mercenary Group
A top Russian general was questioned over his links to the mercenary group that carried out a failed
2023-06-30 01:50
ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
Criticism of European Central Bank monetary tightening is persisting, with a new round of attacks on Thursday from
2023-06-29 21:15
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:57