By Clare Jim HONG KONG (Reuters) -Shares of Evergrande Property Services Group shed 50% of their value on Thursday when […]
Billionaire investor Ackman says he is shorting 30-year Treasuries
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman on Wednesday said his hedge fund Pershing Square Capital […]
RBI intervention to keep Indian rupee in a tight range, analysts say – Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade in a narrow range over the […]
Australia retail sales extend losing stretch to a third quarter
By Wayne Cole SYDNEY (Reuters) -Australian retail sales volumes fell again in the June quarter as cost of living pressures […]
MercadoLibre’s Q2 profit doubles on higher sales volume, user growth
SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre reported a 113% rise in its second-quarter net income on Wednesday to […]
China’s July services activity expands at quicker pace – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at a slightly faster pace in July, supported by a jump in business […]
Mitsubishi UFJ to invest $936 million in U.S. Bancorp
By Makiko Yamazaki TOKYO (Reuters) -Mitsubishi UFJ Financial Group (MUFG) said on Thursday it would invest $936 million in U.S. […]
Irish service growth remains robust, inflation pressures ease-PMI
DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight […]
Fitch downgrade highlights investor worries about US fiscal picture
By Susan Mathew and Saeed Azhar (Reuters) -Fitch’s downgrade of the U.S. credit rating is likely to exacerbate unease about […]
Japan’s service activity growth softens in July – PMI
TOKYO (Reuters) – Japan’s service sector activity expanded at a slightly slower pace in July as new business growth eased […]