Category Archives: Syndicated
Hong Kong leader says city cannot tolerate any more ‘chaos’
HONG KONG (Reuters) - Hong Kong leader Carrie Lam said on Tuesday the Chinese-ruled city cannot afford to tolerate any more of the "chaos" that has roiled it over the past 12 months, with anti-governm...
Jun 08, 2020
China’s troubled Baoshang rescue exposes fault lines in bank reform drive
By Yawen Chen, Cheng Leng and Ryan Woo BEIJING (Reuters) - In May 2019, China's central bank announced a shock takeover of a lender, its first such move in 20 years, citing "serious credit risks". Cre...
Jun 08, 2020
TSMC says planned U.S. factory in line with company’s interests
HSINCHU, Taiwan (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd's planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on T...
Jun 08, 2020
Dollar wallows as focus shifts to Fed meeting
By Tom Westbrook and Stanley White SINGAPORE/TOKYO (Reuters) - The dollar nursed losses on Tuesday as surging commodity currencies paused for breath and a rising yen pointed to investor trepidation ov...
Jun 08, 2020
Alibaba says cloud unit to recruit 5,000 staff globally this financial year
SHANGHAI (Reuters) - Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and arti...
Jun 08, 2020
Online used car seller Vroom raises $467.5 million in U.S. IPO
(Reuters) - Online used car seller Vroom Inc said on Monday it raised $467.5 million in its initial public offering as appetite for new stocks rebounds after the COVID-19 pandemic put many debuts on h...
Jun 08, 2020
Oil prices rise on optimism easing of lockdowns to spur fuel demand
By Sonali Paul MELBOURNE (Reuters) - Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns ...
Jun 08, 2020
California says movie theaters can reopen as early as Friday if counties approve
LOS ANGELES (Reuters) - Movie theaters can reopen in California as early as Friday if county officials grant approval, the state's health department said in guidelines issued on Monday. Theaters close...
Jun 08, 2020
As Japan Inc battles coronavirus, cash and bank deposits rise at record pace in May
By Leika Kihara TOKYO (Reuters) - Japan's money stock, or currency in circulation and bank deposits, rose at the fastest annual pace on record in May as companies hoarded cash to guard against slumpin...
Jun 08, 2020
China Telecom urges FCC not to revoke ability to operate in U.S
WASHINGTON (Reuters) - China Telecom Corp's U.S. unit urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecom...
Jun 08, 2020
