Yuan rises to 1-week high, recovers all loss earlier this week – Reuters
China’s yuan firmed to a near one-week high against the dollar on Thursday, fully recovering losses suffered earlier this week,…
Reuters
Fiscal stimulus, vaccines likely fueled U.S. economic growth in the second quarter – Reuters
The U.S. economy likely gained steam in the second quarter, with the pace of growth probably the second fastest in 38 years,…
Chinese stocks in tentative bounce, Fed in no hurry to taper – Reuters
Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus,…
S.Korea stocks flat as investors await next catalyst – Reuters
* KOSPI flat, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield rises SEOUL,…
China’s assets remain attractive despite recent correction – state media – Reuters.com
China’s state media on Thursday said yuan-denominated assets remain attractive and that short-term market panic does not represent…
Powell says Fed likely to taper asset purchases ‘at the same time’ – Reuters
The Federal Reserve will likely reduce its monthly purchases of mortgage-backed securities and Treasuries simultaneously when…
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO-source – Reuters
Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on…
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO-source – Reuters
Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on…
Facebook warns growth to slow significantly, mandates vaccine for U.S. staff – Reuters
Facebook Inc (FB.O) said on Wednesday it expects revenue growth to “decelerate significantly,” sending the social media giant’s…
Small-time traders turn ‘dip buyers’ in China share selloff – Reuters
Small-time traders have been jumping in to buy stocks discarded by big investors during the selloff triggered by China’s regulatory…