Take Five: Inflation watch
(Reuters) – Inflation data from the U.S., the euro zone and Japan in the days ahead will guide investors’ expectations…
Category: Economy
US Treasury posts $210 billion surplus in April
(Reuters) – The U.S. federal budget surplus in April increased from a year earlier as a boost in tax receipts…
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 and growing steel sector. Reducing…
Citadel’s Griffin says Fed’s first rate cut may come in December
By Carolina Mandl Beverly Hills (Reuters) – Ken Griffin, Citadel’s founder and chief executive, said on Monday that he is…
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 a month of pain for…
Las Vegas Sands results beat estimates on strength in Singapore business
(Reuters) – Casino operator Las Vegas Sands Corp beat Wall Street estimates for first-quarter profit on Wednesday, bolstered by steady…
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 balance sheet will likely run…
Canada to unveil budget as experts doubt fiscal targets
By Promit Mukherjee OTTAWA (Reuters) -Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or…
Investment platform Linqto to go public via $700 million SPAC deal
(Reuters) – Investment platform Linqto has agreed to go public through a merger with special purpose acquisition company (SPAC) Blockchain…
US Postal Service seeks to hike stamp prices to 73 cents
By David Shepardson WASHINGTON (Reuters) -The United States Postal Service (USPS) said on Tuesday it wants to raise the price…