By Jamie McGeever ORLANDO, Florida (Reuters) – The virtuous cycle of loosening U.S. financial conditions…
Category: Economy
Economy
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US Treasury posts $210 billion surplus in April
(Reuters) – The U.S. federal budget surplus in April increased from a year earlier as…
Economy
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Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast…
FIS raises annual profit forecast on strong consumer spending
(Reuters) – Banking and payments processing conglomerate Fidelity National Information Services raised its forecast for…
Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge…
Citadel’s flagship fund rose 2% in April, defying market turmoil
By Carolina Mandl NEW YORK (Reuters) -Citadel’s flagship fund, Wellington, rose 2% in April, overcoming…
Economy
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NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its…
Economy
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China central bank to set up $70 billion tech re-lending programme
BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion)…
Economy
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US, China to hold talks on ‘balanced growth’ amid overcapacity concerns, Yellen says
By David Lawder GUANGZHOU, China (Reuters) -U.S. Treasury Secretary Janet Yellen said on Saturday that…
Economy
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China’s March factory activity expands for first time in six months
SHENZHEN, China (Reuters) -China’s manufacturing activity expanded for the first time in six months in…