BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1% by December, the central bank governor said. As rising interests rates and inflation squeeze demand in the United States …
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets Read More »
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly high inflation and sluggish economic growth prompted investors to pull back from riskier assets. According to data from Refinitiv Lipper, investors withdrew a net $18.84 billion from global equity funds, …
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks Read More »
(Reuters) – Russia has detained a former defence industry worker on suspicion of spying for Germany and charged him with high treason, Moscow’s FSB security service said on Friday. According to the FSB, the suspect had worked for a military contractor in the Siberian region of Omsk and had offered to hand over information in …
Russia accuses ex-defence industry worker of spying for Germany Read More »
By Nia Williams and Ismail Shakil OTTAWA (Reuters) – Allies around the world have promised to increase their help to Canada in its fight against hundreds of blazes that have swept through the country in its worst-ever start to wildfire season. Forest fires that have gathered strength over the last month have forced tens of …
International help rolls in to fight persistent Canadian wildfires Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest close of the year, marking a technical 20% ‘bull market’ from October’s low, disinflation signals around the world may help calm G3 central bankers meeting next week. Much like the winter euro zone recession that …
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares declined for the second straight session on Friday, dragged by a broad-based slide amid sustained profit booking after the Reserve Bank of India signalled tighter monetary conditions could persist. The blue-chip Nifty 50 closed 0.38% lower at 18,563.40, while the benchmark S&P BSE Sensex fell 0.35% to 62,625.63. …
Indian shares trim weekly gains on profit booking post RBI policy Read More »
By Gram Slattery WASHINGTON (Reuters) – A surprise Supreme Court ruling on Thursday has handed Democrats a potential boost in the 2024 congressional race by calling into question the constitutionality of Republican-drawn electoral districts throughout the U.S. South. In the 5-4 decision, the court ruled in favor of Black voters who challenged a Republican-drawn electoral …
U.S. Supreme Court ruling brightens electoral map for Democrats in 2024 Read More »
Kiew (Reuters) – Die Ukraine hat nach eigenen Angaben einen Beweis dafür, dass Russland für die Zerstörung des Kachowka-Staudammes verantwortlich sei. Der ukrainische Inlandsgeheimdienst SBU teilte am Freitag mit, er habe ein Telefonat russischer Truppen mitgeschnitten. Dies belege, dass eine russische Sabotage-Truppe das Wasserkraftwerk und den Staudamm in der südukrainischen Oblast Cherson gesprengt habe. Wegen …
Ukraine – Haben Beweis für Russlands Verantwortung für Dammbruch Read More »
JAKARTA (Reuters) – Indonesia’s Anak Krakatau volcano erupted twice in just over one hour on Friday, spewing volcanic ash as high as 3,000 metres (9,843 ft) into the air, according to country’s volcanology agency. The volcano erupted at 7.46 a.m. (0046 GMT) local time on Friday then again 62 minutes later. Time-lapse images shared by …
Indonesia’s Anak Krakatau volcano erupts twice, spewing big ash cloud Read More »
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court has granted an unexpected reprieve to a landmark law barring racial discrimination in voting after rolling back its protections over the past decade, but more challenges to the Voting Rights Act seem certain based on actions by Republican legislators in numerous states. Conservative Justices John …
Voting Rights Act survives at US Supreme Court but more challenges loom Read More »
