A look at the day ahead in U.S. and global markets from Mike Dolan. After a heady January brew, investors…
Exclusive-President Jokowi “confident” Tesla will invest in Indonesia
By Gayatri Suroyo, Kate Lamb and Ananda Teresia JAKARTA (Reuters) – Indonesian President Joko Widodo is confident Tesla Inc will…
Hong Kong GDP shrinks for 4th straight quarter, but poised for recovery
HONG KONG (Reuters) -Hong Kong’s economy shrank for the fourth straight quarter, contracting an annual 4.2%, advance government data showed…
Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet…
China’s Xi vows to help consumers spend ‘without worries’
BEIJING (Reuters) – Chinese President Xi Jinping telegraphed plans to revive consumption and reaffirmed an ambition to accelerate the country’s…
China’s Jan factory activity contracts at slower pace – Caixin PMI
BEIJING (Reuters) – China’s factory activity shrank more slowly in January than in the previous month thanks to the end…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for…
Global investment banks project jump in yuan in 2023
SHANGHAI (Reuters) – Global investment banks have raised their forecasts for the Chinese yuan this year on expectations the country’s…
BOJ’s record bond buying highlights challenge for yield control
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan bought a record $182 billion worth of…
Analysis: Pakistan moves toward deal-or-default endgame
By Marc Jones and Gibran Naiyyar Peshimam ISLAMABAD/LONDON (Reuters) – Pakistan’s full-blown economic turmoil, from its biggest ever currency devaluation…