Author Archives: Syndicated Content
U.N. body raises global economic growth forecast for 2021 to 4.7%
GENEVA (Reuters) - The global economy is set to grow by 4.7% this year thanks to a stronger-than-expected recovery in the United States, a report by the U.N. Conference on Trade and Development (UNCTA...
Mar 18, 2021
'Home nesting' and telehealth spending to keep rising post-pandemic, McKinsey survey finds
By Gayle Issa and Victoria Waldersee (Reuters) - With many high-earning employees not expected back in the office full-time, the 'home nesting' that became a feature of the pandemic is set to continue...
Mar 18, 2021
Japan court denies resumption of Tokai Daini nuclear power plant: NHK
TOKYO (Reuters) - Japan's Mito District Court ruled on Thursday that Japan Atomic Power Co should not be allowed to resume operations at its Tokai Daini nuclear power plant, public broadcaster NHK rep...
Mar 18, 2021
Nikola strategic partner Hanwha to cut its bet on electric-truck maker by half
(Reuters) - Nikola Corp said on Wednesday that South Korea's Hanwha Corp has decided to sell up to half of its stake this year, setting out to reduce its bets on the prospects of the electric-truck ma...
Mar 18, 2021
Analysis: Denuclearisation of what? U.S. switch on North Korea wording raises debate
By Josh Smith SEOUL (Reuters) - Officials with U.S. President Joe Biden's administration have begun emphasising the "denuclearisation of North Korea", rather than the whole peninsula, in a subtle but ...
Mar 18, 2021
Nine members of Afghan military killed in helicopter crash: defence ministry
KABUL (Reuters) - Nine Afghan security force members were killed in a helicopter crash in central Afghanistan late on Wednesday, according to the defence ministry. A defence ministry statement on Thur...
Mar 18, 2021
Steeper and higher: U.S. bond tantrum averted, but worries remain
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Markets may be less fearful of a "taper tantrum" after the Federal Reserve's latest meeting, but the prospect of higher yields and a steeper yield curve is li...
Mar 18, 2021
Analysis: Fed patience calms yields for now, but market feels like 'coiled spring'
By Karen Brettell and Kate Duguid NEW YORK (Reuters) - The Federal Reserve may have avoided inflaming the bond market with its latest policy decision and outlook, but as economic growth rebounds and i...
Mar 18, 2021
China's DMall hires three banks for over $500 million U.S. IPO: sources
By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) - Chinese e-commerce platform Dmall (Beijing) E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public ...
Mar 17, 2021
BOJ seen phasing out guidelines on ETF buying, focus on band on yield moves
By Kaori Kaneko TOKYO (Reuters) - The Bank of Japan will scrap either or both of the numerical guidelines set for its purchases of exchange-traded funds (ETF) this week to make its stimulus programme ...
Mar 17, 2021
