By Ryan Woo BEIJING (Reuters) -China’s military said on Wednesday it sent fighter jets to monitor and warn a U.S. Navy patrol aircraft that flew over the sensitive Taiwan Strait, a mission…
By Rajesh Kumar Singh CHICAGO (Reuters) – A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that…
‘Cast A Long Shadow’: UAW Strike Costs Billions In Losses With No End In Sight Will Kessler on October 7, 2023 The United Auto Workers (UAW) strike has caused billions in economic…
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen heads to International Monetary Fund and World Bank annual meetings next week in Morocco to press U.S. priorities including increasing the…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia kicks off the last week of the quarter on Monday, with…
By Mike Dolan LONDON (Reuters) – European Central Bank (ECB) officials seem irked that they are not being taken seriously by markets – risking a show of force in Frankfurt that may…
Blacklisted Chinese Tech Giant Building Shadow Network Of Factories To Evade US Sanctions Will Kessler on August 23, 2023 An association of top semiconductor companies alleged that a Chinese manufacturer in the…
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is excited at…
A look at the day ahead in European and global markets from Kevin Buckland Britain gets a read on how much inflation is receding under the weight of 450 basis points of…
(Reuters) – Myanmar’s shadow government welcomes efforts by ASEAN chair Indonesia to kickstart peace talks in the strife-torn Southeast Asian nation but is deeply distrustful of the junta that took power in…
BEIJING (Reuters) -China’s banking and insurance regulator issued draft rules on Friday to step up oversight of the $3 trillion trust industry, and reduce financial risks in the shadow banking sector. The…
By Lewis Jackson SYDNEY (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as it warns the future will echo the…
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled construction boom enriched the country’s shadow banks, who were eager to capitalise…
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking the lead…
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking the lead…
By Jamie McGeever ORLANDO, Fla. (Reuters) – In the worst year for U.S. Treasuries ever, it is the ultra-long end that investors should be most worried about. Yields across the curve are…
By Sinead Cruise, Elizabeth Howcroft and Lucy Raitano LONDON (Reuters) – Owners of Britain’s largest malls, skyscrapers and industrial hubs face hikes in borrowing costs and a recession that could depress prices…
By Paresh Dave (Reuters) – Facial recognition returned to the latest Google Pixel phones on Thursday after a short hiatus due to challenges on cost and performance, according to three former employees…
By M. Sriram MUMBAI (Reuters) – New York-based private equity firm Warburg Pincus LLC is in talks to invest around $150 million in Indian small-business lender Vistaar Finance, two sources familiar with…
By Michael Holden LONDON (Reuters) – Once called a “Rottweiler” by the woman she replaced, Camilla, the second wife of the new British king, Charles, may never have fully won over the…
By Nupur Anand MUMBAI (Reuters) – India’s central bank is unlikely to give “shadow banks” exemptions from stricter bad-loan rules coming into force, sources told Reuters, essentially ending an advantage the non-bank…
By Clare Jim and Xie Yu HONG KONG – China’s real estate crisis is casting a darkening cloud over governance and financial prospects of once highly valued property management companies, triggering a…
By Satoshi Sugiyama TOKYO – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this week, as a chip shortage and supply-chain woes forced the world’s top automaker…
By Duncan Miriri NAIROBI – Kenya’s economic output has more than doubled during President Uhuru Kenyatta’s 10 years in office, but a debt binge that fuelled growth and investment could cramp his…
By Akash Sriram and Eva Mathews (Reuters) – Rogers Communications’ quarterly earnings on Wednesday are likely to be overshadowed by commentary around the financial toll of an outage that impacted millions of…
(Reuters) – A parallel government opposed to military rule in Myanmar announced on Tuesday it was forming its own police force, in its latest effort to hamper the junta’s efforts to govern…