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Hong Kong leads global market rally with best day in three months
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:20
The Senate just passed the debt ceiling bill. Here's what happens next
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:17
Toronto home prices rise in May as sales jump 20%
Toronto home prices rise in May as sales jump 20%
By Fergal Smith TORONTO Greater Toronto Area (GTA) home prices increased in May from April and sales rose
2023-06-02 17:22
Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
By Mike Dolan LONDON The economic airplane hasn't reached the runway yet and has hit some more heavy
2023-06-02 14:25
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 13:52
Here's what's in the debt ceiling package
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:27
Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
By Abhirup Roy SAN FRANCISCO (Reuters) -Electric truck maker Nikola Corp may execute a reverse stock split if its stock
2023-06-02 06:55
U.S. Treasury's Yellen urges new World Bank chief to 'get the most' of balance sheet
U.S. Treasury's Yellen urges new World Bank chief to 'get the most' of balance sheet
WASHINGTON U.S. Treasury Secretary Janet Yellen on Thursday told incoming World Bank Group President Ajay Banga to "get
2023-06-02 05:21
Mexico Extends GMexico Concession After Rail Track Seize
Mexico Extends GMexico Concession After Rail Track Seize
The Mexican government extended one of Grupo Mexico’s train concessions by eight years in exchange of recovering a
2023-06-02 05:16
France influencers: Jail threat for those found flouting new ad laws
France influencers: Jail threat for those found flouting new ad laws
France's new rules ban or restrict certain commercial practices by online personalities.
2023-06-02 03:22
Vanguard fined for providing misleading account statements to its customers
Vanguard fined for providing misleading account statements to its customers
By Jaiveer Shekhawat Vanguard Group, the world's largest issuer of mutual funds, was fined and censured by the
2023-06-02 00:58
Debt ceiling deal heads to US Senate for approval
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:28
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