Category: Economy
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China’s consumer prices rise for third month, signalling demand recovery
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By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while producer…
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Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
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By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March,…
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Fed’s Powell says looming US election will not sway rate decisions
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By David Lawder and Michael S. Derby NEW YORK (Reuters) -The looming U.S. presidential election will not influence…
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Craft retailer Joann approved to exit bankruptcy, slash $505 million debt
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By Dietrich Knauth NEW YORK (Reuters) – Craft retailer Joann Inc received a U.S. bankruptcy judge’s approval on…
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IMF urges Bank of Japan to tread cautiously in raising interest rates
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By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest rates,…
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BOJ’s Ueda signals possible rate hike if weak yen boosts inflation
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By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may…
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Musk, Argentine president see eye-to-eye on boosting free markets and lithium
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By Eliana Raszewski BUENOS AIRES (Reuters) – Billionaire Elon Musk and Argentina’s libertarian president promised to work together…
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China central bank to set up $70 billion tech re-lending programme
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BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion) re-lending programme to…
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Iconic Tupperware flags doubts about ability to continue
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-Tupperware Brands on Friday warned it was not certain its business could continue as a going concern and…
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Williams-Sonoma shares surge to record high on Q4 results, new $1 billion buyback plan
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By Chibuike Oguh NEW YORK (Reuters) – Shares of Williams-Sonoma, which owns home furniture retailer Pottery Barn, surged…