Asian markets fall after weak showing on Wall St, oil tumbles

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing the Nikkei index outside a brokerage in Tokyo, Japan, January 21, 2021. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Jan 21 (Reuters) – Asian stock markets and U.S. … Read more

Fed kicks off debate on issuing its own digital currency with new white paper

The Federal Reserve Building is seen in Washington, U.S., October 20, 2021. REUTERS/Joshua Roberts/File Photo Join now for FREE unlimited access to Reuters.com Register Jan 20 (Reuters) – Creating an official digital version of the U.S. dollar could give Americans more and faster payment options, but it would also present financial stability risks and privacy … Read more

Bargain-hunting buoys Wall Street after Nasdaq correction

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York, U.S., December 3, 2021. REUTERS/Jeenah Moon/File Photo Join now for FREE unlimited access to Reuters.com Register Peloton tumbles after report suspends production Travelers up after reporting record quarterly profit Baker Hughes jumps on fourth-quarter earnings release Indices up: Dow … Read more

Asian shares rise as China cuts key mortgage rate

A man wearing a protective face mask, following an outbreak of the coronavirus, speaks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/ File Photo Join now for FREE unlimited access to Reuters.com Register MSCI Asia excluding Japan +0.6%, Nikkei … Read more

China cuts key rates, stepping up monetary stimulus effort to underpin economy

A man checks the phone at Lujiazui financial district in Pudong, Shanghai, China March 14, 2019. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Jan 20 (Reuters) – China stepped up monetary easing efforts to support a slowing economy this week by lowering a series of policy rates and lending standards, … Read more

Asia shares fall as Treasury yields hit fresh highs

A screen shows the Nikkei index after a ceremony marking the end of trading in 2021 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, December 30, 2021. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register US bond yields rise, investors brace for monetary policy tightening Oil hits 7-year high after pipeline … Read more

Puerto Rico gets green light to end five-year bankruptcy

Jan 18 (Reuters) – The judge overseeing Puerto Rico’s nearly five-year debt restructuring process has approved a debt adjustment plan designed to revitalize the Commonwealth’s economy and reduce its $135 billion in debt. U.S. District Judge Laura Taylor Swain approved the plan in an order filed Tuesday, ending nearly half a decade of litigation over … Read more

Goldman shares tumble as weak trading, higher pay hit profit

The Goldman Sachs logo is seen on the floor of the New York Stock Exchange (NYSE) in New York, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Jan 18 (Reuters) – Goldman Sachs Group (GS.N) missed its quarterly profit forecast on Tuesday as weak business activity … Read more

China’s economy loses steam as COVID-19 erupts, c.bank cuts rates

China’s Q4 GDP rises 4.0% YoY vs. 3.6% forecast in Reuters poll China’s 2021 GDP grows 8.1% vs. 8.0% forecast December industrial production growth picks up, retail sales disappoint BEIJING, Jan 17 (Reuters) – China’s economy rebounded in 2021 from the pandemic-induced recession, helped by robust exports, but weak consumption at the end of the … Read more

China’s birth rate drops to record low in 2021

Children play on a playground inside a shopping complex in Shanghai, China June 1, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register BEIJING, Jan 17 (Reuters) – The birth rate in mainland China fell to a record low of 7.52 per 1,000 people in 2021, National Bureau of Statistics data showed … Read more