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A fisherman prepares to cast his fishing net in the waters of the Vembanad lake as a container ship is seen docked in the background, at a port in Vallarpadam, in the southern Indian city of Kochi February 11, 2014.

UN trade body warns of further economic slowdown this year

Reuters |Updated 5 minutes ago |1 min read

BERLIN (Reuters) - The global economy faces a further slowdown this year, hit by falling investment and subdued trade dynamics, the United Nations trade body warned on Tuesday before spring meetings of the International Monetary Fund and World ...

File photo: A general view of the Port of Hamburg as members of the German and French governments attend a boat tour, in Hamburg, Germany, October 9, 2023.

Euro zone trade surplus surges y/y in Feb

Reuters |Updated 15 minutes ago |1 min read

BRUSSELS (Reuters) - The euro zone's trade surplus surged year-on-year in February as a result of a sharp drop in imports, mainly of energy and raw materials, data from the European Union's statistics office Eurostat showed on Tuesday. Eurostat ...

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023.

Intel to launch two AI chips for China with reduced capabilities

Reuters |Updated 16 minutes ago |1 min read

BEIJING (Reuters) - Intel will release two AI chips with reduced capabilities for the Chinese market, in order to comply with U.S. export controls and sanctions. The two chips, HL-328 and HL-388, are scheduled for launch in June and September, ...

President of the ECB Christine Lagarde and Governor of the Bank of Finland Olli Rehn arrive at the non-monetary policy meeting of the European Central Bank Governing Council in Inari, Finnish Lapland, Finland February 22, 2023.  Lehtikuva/Tarmo Lehtosalo via

ECB rate cut in June assumes no inflation setbacks, Finland's Rehn says

Reuters |Updated 45 minutes ago |1 min read

HELSINKI (Reuters) - The prospects for an interest rate cut in June by the European Central Bank assumes that there will be no further setbacks in the geopolitical situation that affect energy prices and thus inflation, ECB policymaker Olli Rehn ...

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

Most Gulf markets ease on US rate cut concerns

Reuters |Updated 55 minutes ago |2 min read

(Reuters) - Most major stock markets in the Gulf were subdued in early trade on Tuesday, tracking Asian shares lower as stronger-than-expected U.S. retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be ...

President of the ECB Christine Lagarde and Governor of the Bank of Finland Olli Rehn arrive at the non-monetary policy meeting of the European Central Bank Governing Council in Inari, Finnish Lapland, Finland February 22, 2023.  Lehtikuva/Tarmo Lehtosalo via

ECB rate cut in June assumes no inflation setbacks, Finland's Rehn says

Reuters |Updated 1 hour ago |1 min read

HELSINKI (Reuters) - The prospects for an interest rate cut in June by the European Central Bank assumes that there will be no further setbacks in the geopolitical situation that affect energy prices and thus inflation, ECB policymaker Olli Rehn ...

A Honda logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024.

Honda to launch next-generation EVs in China by 2027

Reuters |Updated 1 hour ago |1 min read

TOKYO (Reuters) - Japan's Honda Motor plans to launch six next-generation electric vehicle (EV) models branded Ye in China by 2027, the automaker said on Tuesday. It added that it also planned to roll out a total of 10 Honda-brand EV models in ...

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023.

Analysis-China's cycle of dollar hoarding and weakening yuan gets vicious

Reuters |Updated 1 hour ago |3 min read

SHANGHAI (Reuters) - Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the world's ...

A businessman stands on a terrace overlooking a banking district in Tokyo, Japan, February 16, 2016.

Asia hedge funds benefit in Q1 from Japan rally, recovery in China

Summer Zhen |Updated 5 minutes ago |4 min read

By Summer Zhen HONG KONG (Reuters) - Asia-focused hedge funds started 2024 with a strong first quarter, cashing in on a prolonged rally in Japanese stocks, a tentative turnaround in Chinese equities, and a boom in artificial intelligence (AI) ...

People walk near an Apple logo outside its store in Shanghai, China September 8, 2023.

Apple wants to spend more on suppliers in Vietnam, state media says

Reuters |Updated 4 minutes ago |2 min read

HANOI (Reuters) -Apple Inc wants to boost its investment in Vietnam, state media quoted the U.S. tech giant's CEO Tim Cook as saying in Hanoi on Tuesday. Vietnam is already a key manufacturing hub for Apple and Cook was speaking while meeting ...

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