Reuters

Reuters

The Latest

  • Factory Output Rebounds In Asia, Cushioning COVID-19 Blow
    Asian Factories
    Factory activity in China expanded at the fastest pace in nearly a decade, lifting regional hopes.
  • Exclusive: Eastman Kodak Top Executive Got Trump Deal Windfall On An 'Understanding'
    Kodak
    The decision to grant Continenza options was never formalized or made into a binding agreement, which is why it was not disclosed previously.
  • Exclusive: TikTok's Chinese Owner Offers To Forego Stake To Clinch U.S. Deal - Sources
    TikTok US
    China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.
  • Nasdaq Surges On Megacap Earnings But U.S. Fiscal Uncertainty Nags
    Wall Street
    The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains...
  • China Central Bank Takes Aim At Alipay, WeChat In Antitrust Probe
    Alipay
    The central bank is investigating whether the digital payment giants have used their dominant positions to quash competition.
  • Temasek's $3 billion Bid For Keppel In Doubt After Conglomerate's Huge Loss
    Singapore
    Keppel's net loss of S$697 million in the second quarter may have breached one of the conditions for its sale to the state investment fund.
  • Asian Shares Wobble Despite U.S. Tech Boost
    China Shares
    Strong U.S. tech earnings failed to lift Asian markets, which were somewhat buoyed by strong industrial production readings in China and Japan.
  • Surging Demand Lifts China Factory Activity In July
    China Factories
    China's PMI unexpectedly rose to 51.1 in July from June's 50.9, the highest reading since March.
  • Crushed By COVID: U.S. Economy Sinks As Virus Resurges
    U.S. ECONOMY NUMBERS
    The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending.
  • S&P 500, Dow Slip After Grim Data; Trump Suggests Election Delay
    Wall Street
    The S&P 500 and Dow fell on Thursday after data painted a worrying picture of the economy, while President Donald Trump floated the possibility of delaying the Nov. 3 presidential elections.
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