A view of the London skyline shows the City of London financial district, seen from St Paul’s Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, May 16 (Reuters) – More than 50 economists warned on Monday that Britain’s post-Brexit plans to boost…
Tag: MCE
China’s economy skids as lockdowns hit factories, retailers
April industrial output unexpectedly falls y/y April retail sales falls faster than expected Nationwide jobless rate highest since Feb 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted…
FTX’s billionaire chief says bitcoin has no future as a payments network- FT
Bitcoin cryptocurrency representation is pictured on a keyboard in front of binary code in this illustration taken September 24, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register May 16 (Reuters) – Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency…
Shanghai aims to reopen more businesses shut by COVID, Beijing battles on
Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict…
Asia stocks struggle after dire China data
Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in Bangkok, Thailand March 13, 2020. REUTERS/Juarawee Kittisilpa/Files Register now for FREE unlimited access to Reuters.com Register Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pairs gains, S&P 500 futures turn lower Dollar…
Take Five: Recession talk justified? Follow the date
A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks are jacking up interest rates into a potentially sharp global growth slowdown. And with jittery investors dumping risk assets en masse, what comes next after a crypto-currency route is also in focus. Here’s your week…
India bans wheat exports as heatwave curbs output, prices soar
A combine deposits harvested wheat in a tractor trolley at a field on the outskirts of Ahmedabad, India, March 16, 2022. REUTERS/Amit Dave Register now for FREE unlimited access to Reuters.com Register Ban could push global wheat prices to new peaks India was aiming to export 10 mln T wheat prior to the ban Heatwave…
Global shares fall on fears of global economic slowdown
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates…