Wednesday, October 30, 2024

Bussiness

Cambodia hopes a new canal will boost trade. But it risks harming the Mekong that feeds millions.

PREK TAKEO, Cambodia (AP) — The Mekong River is a lifeline for millions in the six countries it traverses on its way from its...

Morning Bid: After China’s stimulus sugar rush

A look at the day ahead in European and global markets from Kevin BucklandBeijing's big shot of stimulus is still pumping through Chinese markets,...

‘Darkest day’: Volkswagen’s trailblazing labour chief gears up for jobs battle

By Christoph SteitzFRANKFURT (Reuters) - When labour unions step into the ring with Volkswagen executives on Wednesday to fight over job security and plant...

Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023

(Bloomberg) -- The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of...

China stocks soar in stimulus afterglow; dollar sags on rate bets

By Kevin BucklandTOKYO (Reuters) - Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fueled global rally that also underpinned risk-sensitive...

China stocks soar in stimulus afterglow; dollar sags on rate bets

By Kevin BucklandTOKYO (Reuters) - Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fueled global rally that also underpinned risk-sensitive...

Baht Rises to Strongest Since March 2022 Amid Exporters Worries

(Bloomberg) -- The baht gained to its strongest level in 30 months as China’s stimulus boosted risk assets globally, adding pressure on the Bank...

US company accuses Mexico of expropriating its property on the Caribbean coast

MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico’s...

Asian Stocks, Currencies Rise on China Optimism: Markets Wrap

(Bloomberg) -- Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh...

China Cuts One-Year Rate, Withdraws Cash From Banking System

(Bloomberg) -- China’s central bank lowered the interest rate charged on its one-year policy loans while net withdrawing liquidity via the lending facility, as...

The Clintons pitch philanthropic commitments as pro-democracy work at their 2024 foundation meeting

NEW YORK (AP) — With the backdrop of elections worldwide that highlight strains on democracy, former President Bill Clinton urged attendees of his foundation's...

Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall

By Laila Kearney(Reuters) - Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China,...

Latest news