Hideyuki Sano(Reuters) TOKYO The dollar held firm December 9 after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade, after rising 0.3...
By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) - The U.S. House of Representatives on Friday narrowly approved a $3 trillion bill crafted by Democrats to provide more aid for battling the coronavirus and stimulating a faltering economy rocked by the pandemic. By a vote of 208-199 Democrats won passage of...
TOKYO (Reuters) Oil prices fell December 9 after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war. Brent futures were down 33 cents, or 0.5 percent,...
LJUBLJANA The Slovenian parliament said it passed for the second time a law on Friday requiring the Bank of Slovenia to cover all possible repayments to those who lost their investments during the country's 2013 bank overhaul. The move overruled a veto of the law last month by the State Council,...
By Ludwig Burger May 22 (Reuters) - Oxford University and AstraZeneca are recruiting around 10,000 adults and children in Britain for trials of an experimental coronavirus vaccine, a day after receiving U.S. backing worth up to $1.2 billion. Institutions across Britain had begun enrolling up to 10,260 adults and children to...
Joyce Lee(Reuters) SEOUL The founder of the defunct Daewoo Group, Kim Woo-choong, has died after watching the conglomerate he built into a symbol of South Korea’s manufacturing prowess become one of its biggest corporate failures, crushed by debt. Kim, who died December 9 at 83 after battling chronic illness, had led what...
New York Times WASHINGTON A growing movement by foreign governments to tax American tech giants that supply internet search, online shopping and social media to their citizens has quickly emerged as the largest global economic battle of 2020. The fight pits traditional allies against each other, with European countries like France, Italy...
By Josh Horwitz SHANGHAI, May 22 (Reuters) - The latest U.S. government action against China's Huawei takes direct aim at the company's HiSilicon chip division -- a business that in a few short years has become central to China's ambitions in semiconductor technology but will now lose access to tools...
By Asha Sistla March 31 (Reuters) - Gold prices fell on Tuesday as the dollar firmed and as shares rose on hopes of a rebound in China economic activity, while safe-haven demand amid concerns over the coronavirus outbreak kept the metal on track for its sixth straight quarterly gain. Spot...
By Rania El Gamal and Vladimir Soldatkin DUBAI/MOSCOW, April 10 (Reuters) - Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a...