SHANGHAI, April 12 (Reuters) – China’s yuan eased against the dollar in thin trade on Monday, pressured in part by escalating tensions between Beijing and Washington, while uncertainty over the policy outlook for major central banks kept investors in a cautious mood. The addition of seven Chinese supercomputing entities to a U.S. economic blacklist reinforced…
If you splurged on a matching pajama set for the first time over the last year, you’re not alone. Those fortunate enough to maintain an income shifted “scheduled spend” from normal routines to indulgences. People also satisfied their “skin hunger” with silks, satins, plushes, and Peruvian cottons. See more stories on Insider’s business page. In…
China has become the first major economy to roll out a digital currency. The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term. See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…
China has become the first major economy to roll out a digital currency. The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term. See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…
DUBAI, April 11 (Reuters) – Qatar National Bank (QNB) , the biggest lender in the Gulf, said on Sunday its first quarter net profit fell by 7% from a year earlier to 3.3 billion riyals ($906 million) as it booked 1.4 billion riyals in “precautionary” loan loss provisions.The bank’s total assets grew by 8% from…
2/2 © Reuters. FILE PHOTO: U.S. President Biden holds first Cabinet meeting at the White House in Washington 2/2 By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden plans to meet with a bipartisan group of U.S. House and Senate lawmakers on Monday on his proposed $2.3 trillion infrastructure and jobs plan, the White House…
FILE PHOTO: U.S. President Joe Biden delivers remarks on tackling climate change prior to signing executive actions in the State Dining Room at the White House in Washington, U.S., January 27, 2021. REUTERS/Kevin Lamarque/File PhotoWASHINGTON (Reuters) – U.S. President Joe Biden on Sunday welcomed a settlement between South Korean battery makers LG Energy Solution and…
FILE PHOTO: French Junior Minister for European Affairs Clement Beaune speaks during a press conference to outline France’s strategy for the deployment of future COVID-19 vaccines, in Paris as the coronavirus disease outbreak continues in France, December 3, 2020. REUTERS/Benoit Tessier/Pool/File PhotoPARIS (Reuters) – The European Union must shoot for a more ambitious COVID-19 recovery…
No results matched your search Economy6 hours ago (Apr 11, 2021 01:45AM ET) © Reuters. Senior Deputy Governor of the Bank of Italy, Fabio Panetta is seen standing in a corridor of the Bank of Italy ahead of his appointment to the European Central Bank’s executive committee FRANKFURT (Reuters) – The European Central Bank should…
No results matched your search EconomyApr 09, 2021 04:20PM ET © Reuters. FILE PHOTO: New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in New York By Chuck Mikolajczak (Reuters) – The and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on…
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