SHANGHAI (Reuters) – China’s central bank has made its biggest weekly cash withdrawal on record through a short-term bond instrument,…
Japan Dec service-sector activity rebounded on tourist boom
TOKYO (Reuters) – Japan’s service sector activity rebounded in December thanks to a boom in international and domestic tourism as…
With few entry tests, Southeast Asia may gain most from China’s travel revival
By Xinghui Kok SINGAPORE (Reuters) – Southeast Asia’s tourist economies are set to be leading beneficiaries of China’s scrapping of…
Dollar’s vice grip on FX markets to loosen this year – analysts
By Hari Kishan BENGALURU (Reuters) – The dollar’s vice grip on FX markets will loosen a bit this year, according…
Wall St drops more than 1% with jobs data feeding fears of more Fed tightening
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes lost more than 1% on Thursday, with Nasdaq…
Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe
By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about…
Biden says U.S. economy headed to ‘new plateau,’ amid recession fears
By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden said on Thursday the U.S. economy was seeing “really bright spots”…
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit
By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added…
Stellantis CEO delivers a technology statement with a Ram truck
By Joseph White LAS VEGAS (Reuters) – Stellantis NV on Thursday unveiled a prototype of an electric Ram pickup at…
Who is Alex Mashinsky, the man behind the alleged Celsius crypto fraud?
By John McCrank and Hannah Lang (Reuters) – Alex Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors…