Slower China factory activity growth challenges economic recovery prospects
Manufacturing PMI 51.9 in March vs 52.6 in Feb Non-manufacturing PMI expands at fastest pace in nearly 12 years BEIJING, March 31 (Reuters) – China’s...
Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow
RIYADH, March 29 (Reuters) – Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership...
Gold sparkles in stormy week for markets
Focus on Fed policy meeting next week Gold to shine through the chaos – analyst All precious metals head for weekly gains Gold touches 11-month...
Global equities fall, gold surges as banking worries linger
Wall Street, European stock indexes fall First Republic Bank gets $30 bln injection, worries linger Fed data showed banks sought record emergency liquidity Gold heads...
Gold prices hold firm as banking worries persist
ECB pushes through 50 bps rate hike despite market turmoil Traders see Fed raising rates by 25 bps next week March 16 (Reuters) – Gold...
Gold rallies over 1% as Credit Suisse crisis hits risk appetite
Flagship Swiss bank Credit Suisse’s shares slump U.S. Treasury yields tumble, dollar soars Platinum, palladium also pressured by risk-off mood Market largely pricing in Fed...
Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
NEW YORK, March 9 (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while...
China says US should change attitude or risk conflict
BEIJING, March 7 (Reuters) – The United States should change its “distorted” attitude towards China or “conflict and confrontation” will follow, China’s foreign minister said...
US prepares new rules on investment in technology abroad- WSJ
March 3 (Reuters) – The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall...
Ex-BOJ gov Shirakawa urges re-examination of monetary framework, inflation targets
TOKYO, March 2 (Reuters) – Former Bank of Japan (BOJ) Governor Masaaki Shirakawa called on policymakers to reconsider central banks’ monetary framework based on inflation...