A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from…
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to…
Binance CEO Zhao: Significant interest in crypto industry recovery fund
By Rachna Uppal ABU DHABI (Reuters) -Binance Chief Executive Changpeng Zhao said on Wednesday there was significant interest from industry…
Thai government spending to target low-income groups – Finance Minister
By Chayut Setboonsarng and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economic stimulus policies will be more targeted toward vulnerable groups…
Toyota revamps Prius in bid to give hybrids back their halo
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday,…
Taiwan president decries ‘rumours’ about the island’s chip investment risk
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Taiwan President Tsai Ing-wen has decried what she called “rumours” about the…
In China’s property crisis, global asset managers see opportunity in rental housing
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into…
Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a…
South Korean apartment prices drop at steepest pace in two decades
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s housing prices fell at the sharpest rate in at…