SHANGHAI (Reuters) – China will create an appropriate monetary environment to keep supply chain stable while keeping its prudent monetary…
Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop
By Sheila Dang, Katie Paul and Paresh Dave (Reuters) -Twitter Inc laid off half its workforce on Friday but said…
Japan government sounds alarm over U.S. EV tax credits
TOKYO (Reuters) -Japan’s government warned on Saturday that new electric vehicle tax credits in the United States could ultimately deter…
HKMA buys HK$3.054 billion from market as currency weakens, aggregate balance below HK$100 billion mark
HONG KONG (Reuters) – Hong Kong’s de-facto central bank bought HK$3.054 billion ($389.1 million) from the market in New York…
Japan’s Honda launches new EV model in China
TOKYO (Reuters) – Japan’s Honda Motor Co unveiled the second model of its new China-only electric vehicle (EV) lineup on…
Inflation data, midterm elections loom for struggling U.S. stock rally
By David Randall NEW YORK (Reuters) – A sputtering U.S. stock rally faces a double-dose of potentially market moving events…
Twitter says 50% of staff laid off, moves to reassure on content moderation
By Sheila Dang (Reuters) -Twitter has laid off 50% of its employees, the company’s head of safety and integrity said…
Wall St rallies to close out soft week after jobs report
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher on Friday in volatile trade to snap a four-session…
Venezuela’s monthly inflation slows to 6.2% in October
CARACAS (Reuters) – Venezuela’s monthly inflation in October hit 6.2%, a sharp slowdown from September when prices rose 28.7%, according…
Wells Fargo under pressure from CFPB to pay over $1 billion in fine- Bloomberg News
(Reuters) -Wells Fargo is under pressure from the U.S. Consumer Financial Protection Bureau (CFPB) to pay more than $1 billion…