Stocks fall amid new signs of slowing growth and falling revenues

NEW YORK/LONDON (Reuters) – Global stock markets slid further on Thursday as fresh signs of slowing growth prompted investors to sell stocks and move to safe-haven assets such as government debt and the Swiss franc, in preparation for the biggest. Today’s gains in more than six years. Supply chain problems continue to fuel inflation and … Read more

Exclusively TikTok planning big push in gaming, testing in Vietnam sources

The TikTok app on a smartphone is shown in this illustration taken on July 13, 2021. REUTERS / Dado Ruvic / Illustration / File Photo Register now to get free unlimited access to Reuters.com Register HONG KONG/HANOI (Reuters) – TikTok is running tests so users can play games on its video-sharing app in Vietnam, four … Read more

Crypto-loving South Koreans are betting that Luna will rise from the Ashes, an unsettling regulator

A woman appears using her mobile phone on an electrical panel displaying the exchange rates of various cryptocurrencies at the Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim Hong-Ji/File Photo Register now to get free unlimited access to Reuters.com Register SEOUL, May 19 (Reuters) – Believing they have little to lose with … Read more

Stock market recovery recovers, UK inflation hits 40-year high

LONDON (Reuters) – A stock rally ran out of steam on Wednesday as concerns about the outlook for economic growth and rising inflation dampened sentiment, while the UK’s 9% inflation reading underlined how far higher interest rates could go. Asian stocks managed to post gains for the fourth consecutive session, but equities in Europe were … Read more

Stocks Recover Even As Growth Continues, Inflation Fears Remain

Empty prices are displayed in the stock price panels of the Tokyo Stock Exchange (TSE) after the Tokyo Stock Exchange temporarily suspended all trading due to system problems in Tokyo, Japan, October 1, 2020. REUTERS / Issei Kato / Files Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – Global stocks … Read more

June 1 Shanghai aims to get back to normal as COVID lockdown disrupts economy

Shanghai aims to lift COVID lockdown on June 1 City residents are frustrated with changing schedules China’s retail sales and industrial production fell in April SHANGHAI/BEIJING (Reuters) – Shanghai on Monday laid out plans to end the painful COVID-19 lockdown that has lasted more than six weeks, which has hit China’s economy hard, and to … Read more

A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

UAE strongman Sheikh Mohammed bin Zayed appointed as new president

Mohamed bin Zayed becomes president at a time of tension with the United States He led the realignment in the Middle East, and established relations with Israel The UAE has also worked to deepen relations with Russia and China Economic development is a driving priority for foreign policy DUBAI, May 14 (Reuters) – A Federal … Read more

Global stocks rise due to rebound in US and European markets

Wall Street rises at the end of a rollercoaster week Crypto World Stabilizes, Bitcoin Rally After Stable Coins Slip Oil jumps 4% as US gasoline prices hit a record high US yields gain as market anxiety eases a bit NEW YORK (Reuters) – Global stocks rose on Friday as Wall Street rose to end a … Read more

Focusing on China, Biden pledged $150 million to ASEAN leaders

WASHINGTON (Reuters) – U.S. President Joe Biden opened a meeting of Southeast Asian leaders and promised to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at countering the influence of rival China. Biden, on Thursday, kicked off a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in … Read more