Today: May 17, 2024
Today: May 17, 2024

Economy

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Vessel carrying aid to US-built pier off Gaza leaves Cyprus

A vessel carrying aid to a pier built by the United States off Gaza set sail from Cyprus on Thursday, Cypriot officials said.

Vessel carrying aid to US-built pier off Gaza leaves Cyprus

China rolls out new measures to fix its property crisis, spur growth

China has announced fresh measures to reinvigorate its ailing property industry after the latest data showed housing prices slumped in April

China rolls out new measures to fix its property crisis, spur growth

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

The United Auto Workers union faces the latest test of its ambitious plan to unionize auto plants in the historically nonunion South when a vote ends at two Mercedes-Benz factories near Tuscaloosa, Alabama

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

Japan visitors exceed 3 million for 2nd straight month, tourism agency says

Japan welcomed more than 3 million visitors for a second straight month in April, official data showed on Wednesday, setting the stage for a potential record year for tourism.

Japan visitors exceed 3 million for 2nd straight month, tourism agency says

Cannabis stocks rally after DOJ proposal to reclassify marijuana

Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S.

Cannabis stocks rally after DOJ proposal to reclassify marijuana

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

Markets upbeat ahead of China data dump

A look at the day ahead in Asian markets.

Markets upbeat ahead of China data dump

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Dow tops 40,000, Biden trolls Trump in split-screen video

The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S.

Dow tops 40,000, Biden trolls Trump in split-screen video

Cisco rises as networking equipment demand rebound takes root

Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $

Cisco rises as networking equipment demand rebound takes root

Google wants judge, not jury, decide upcoming antitrust case in Virginia

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

Google wants judge, not jury, decide upcoming antitrust case in Virginia

The Dow's climb to a record 40,000 points

The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as

The Dow's climb to a record 40,000 points

Malaysia's economy grows annual 4.2% in Q1, helped by export rebound

Malaysia's economy expanded 4.2% in the first quarter of 2024 from a year earlier, beating market expectations on higher household spending and a turnaround in exports,

Malaysia's economy grows annual 4.2% in Q1, helped by export rebound

Oil set for weekly gain on signs of improving demand

By Shariq Khan and Trixie Yap (Reuters) -Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand amid stronger

Oil set for weekly gain on signs of improving demand

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

China's factories fire up but consumer, property weakness persists

BEIJING (Reuters) -China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector remained a drag on the

China's factories fire up but consumer, property weakness persists

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden, providing a breather to the embattled Chinese

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

China's economy to improve further, stats bureau says

China's economic improvement will be further consolidated and strengthened as macro policies take effect, Liu Aihua, a spokesperson of the National Bureau of Statistics, said on

China's economy to improve further, stats bureau says

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

(This May 16 story has been refiled to amend quotes to clarify that SoftBank was referring to workers and customers in general, not necessarily its own, in paragraphs 3 and 4) TOKYO (Reuters) -

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

Putin focuses on trade and cultural exchanges in Harbin, China, after reaffirming ties with Xi

Russian President Vladimir Putin is focusing on trade and cultural exchanges during his state visit to China that started with bonhomie in Beijing and a meeting with China’s leader Xi Jinping that deepened their “no limits” partnership as both countries face rising tensions with the West

Putin focuses on trade and cultural exchanges in Harbin, China, after reaffirming ties with Xi

Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States

Taiwan is selling more to the US than China in major shift away from Beijing

South Sudan government and rebel groups sign 'commitment' for peace in ongoing peace talks in Kenya

The government of South Sudan and rebel opposition groups have signed a “commitment declaration” for peace during high-level mediation talks in Kenya, described as key step in efforts to end the conflict in South Sudan that has long crippled its economy

South Sudan government and rebel groups sign 'commitment' for peace in ongoing peace talks in Kenya

Psychedelic therapy and workers' rights bills fail to advance in California's tough budget year

California lawmakers on Thursday voted to keep hundreds of bills from advancing for a floor vote during a tough budget year

Psychedelic therapy and workers' rights bills fail to advance in California's tough budget year

What to know about how much the aid from a US pier project will help Gaza

A U.S.-built pier is in place to bring humanitarian aid to Gaza by sea, but no one will know if the new route will work until a steady stream of deliveries begins reaching starving Palestinians

What to know about how much the aid from a US pier project will help Gaza
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