SHANGHAI (Reuters) – China’s central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month-end. The People’s Bank of China (PBOC) said it offered 50 billion yuan ($7.71 billion) through seven-day reverse repos into the banking…
© Reuters. FILE PHOTO: The exterior of the White House is seen from the North Lawn in Washington, U.S., August 19, 2021. REUTERS/Cheriss May/File Photo WASHINGTON (Reuters) -The White House said it regretted the Supreme Court’s decision on Thursday to end the Biden administration’s pandemic-related federal moratorium on evictions, and urged states, cities, landlords and…
(Reuters) – U.S. President Joe Biden’s advisers are considering recommending Jerome Powell for a second term as Federal Reserve chair with Lael Brainard as chief regulator, Bloomberg News reported on Thursday, citing people familiar with the matter. Biden is yet to weigh in on Fed personnel decisions and a decision by him is not expected…
5/5 © Reuters. Saudi women sit at David Burke’s restaurant, in The Zone restaurant complex, in Riyadh, Saudi Arabia August 25, 2021. REUTERS/Ahmed Yosri 2/5 By Raya Jalabi and Marwa Rashad RIYADH (Reuters) – When U.S. celebrity chef David Burke opened his second restaurant in Riyadh earlier in August, hudreds of Saudi men and women…
© Reuters. FILE PHOTO: Pedestrians wearing protective masks amid the coronavirus disease (COVID-19) outbreak, walk on a street in Tokyo, Japan, February 2, 2021. REUTERS/Kim Kyung-Hoon By Kantaro Komiya TOKYO (Reuters) – Japan’s government maintained its economic assessment for a fourth straight month in August but offered a slightly bleaker view on the outlook than…
© Bloomberg. Security doors stand illuminated at night at the entrance to Iceland’s central bank, or Sedlabanki Islands, in Reykjavik, Iceland, on Friday, Aug. 10, 2012. Iceland is betting its decision two years ago to force bondholders to pay for the banking system’s collapse may help it rebound faster than Ireland. Photographer: Bloomberg/Bloomberg (Bloomberg) –…
2/2 © Reuters. FILE PHOTO: An Aston Martin logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo 2/2 By Radhika Anilkumar and Kanishka Singh (Reuters) -Germany’s markets watchdog BaFin said on Tuesday it found no evidence to pursue an insider trading investigation in the shares…
© Reuters. FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – A stellar U.S. corporate earnings season is expected to lift the S&P 500 by another 8% through the end of the year, analysts…
© Investing.com By Geoffrey Smith Investing.com — Investors on China’s biggest tech stocks going to the moon have been seriously burned in the last couple of months. Yet those fixated on the massive destruction of paper wealth (about $1 trillion, by most estimates) are probably missing the point. China’s Internet sector was riding for a…
(Reuters) – Borrowings by U.S. companies for capital investments rose 9% in July from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies signed up for $9.9 billion in new loans, leases and lines of credit last month, up from $9.1 billion a year earlier. However, borrowings fell 5%…
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