BEIJING (Reuters) – Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher oil prices will have been boosted its imports, a Reuters poll showed on Monday.FILE PHOTO: A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus…
NEW YORK (Reuters) – U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent lull in the bond market, reigniting a rise in yields that worried investors in the first quarter.FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in…
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…
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