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China’s economy slows further in May as weak demand drags

Wednesday, June 14 by SRN News

BEIJING (Reuters) – China’s economy stumbled in May, data showed on Thursday, with industrial output and retail sales growth both missing forecasts, adding to expectations that Beijing will have to quickly ramp up stimulus to shore up a shaky pandemic... Read More.

Dollar rallies in Asia after Fed signals rate hikes; yen, kiwi slide

Wednesday, June 14 by SRN News

By Rocky Swift TOKYO (Reuters) – The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China’s and New Zealand’s currencies fell on signs of weakness in those economies. The market’s... Read More.

Japan exports grow unexpectedly on solid car sales, global demand still uneven

Wednesday, June 14 by SRN News

By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) -Japan’s exports grew unexpectedly in May on robust car sales, though the rate of expansion slowed to a crawl as inflation and rising interest rates bit into global demand, highlighting a patchy recovery in the world’s... Read More.

Rugby-Wallaby Beale pleads not guilty to sexual assault in Sydney court

Wednesday, June 14 by SRN News

SYDNEY (Reuters) – Australia international Kurtley Beale has pleaded not guilty to three charges of sexual assault stemming from an alleged incident in a bar near Bondi Beach last year, local media reported on Thursday. The 34-year-old, who... Read More.

Texas governor buses first group of migrants to Los Angeles

Wednesday, June 14 by SRN News

By Costas Pitas LOS ANGELES (Reuters) – Texas Governor Greg Abbott on Wednesday said the first group of migrants bused from his state to Los Angeles had arrived in the California city, the latest move by Republicans opposed to Democratic President... Read More.

Australian war hero found complicit in Afghan murders says devastated by ruling, but will not apologise

Wednesday, June 14 by SRN News

SYDNEY (Reuters) – Australia’s most decorated war veteran, found by a civil court to have played a part in the murder of four Afghans while serving in Afghanistan, said he was devastated by what he called an “incorrect” judgement and... Read More.

China cuts medium-term lending rates as economy sputters

Wednesday, June 14 by SRN News

SHANGHAI (Reuters) – China’s central bank cut the borrowing cost of its medium-term policy loans for the first time in 10 months on Thursday, in line with expectations, as Beijing ramps up stimulus measures to shore up a shaky economic... Read More.

China’s May factory output, retail sales growth miss expectations

Wednesday, June 14 by SRN News

BEIJING (Reuters) – China’s industrial output rose 3.5% in May from a year earlier, official data showed on Thursday, slightly missing expectations, as faltering demand at home and abroad adds pressure on policymakers to shore up a shaky economic recovery. May’s... Read More.

China cuts medium-term loan rates as economy sputters, more easing expected

Wednesday, June 14 by SRN News

SHANGHAI/SINGAPORE (Reuters) – China’s central bank cut the borrowing cost of its medium-term policy loans for the first time in 10 months on Thursday, in line with expectations, as Beijing ramps up stimulus measures to shore up a shaky economic... Read More.

China new home prices rise at slower pace in May

Wednesday, June 14 by SRN News

BEIJING (Reuters) -China’s new home prices rose for the fifth straight month in May, but at a slower pace, official data on Thursday showed, as the government looks to shore up the crisis-hit property sector. New home prices in May rose 0.1% month-on-month, slower than... Read More.

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Author: SRN News

China’s economy slows further in May as weak demand drags

Dollar rallies in Asia after Fed signals rate hikes; yen, kiwi slide

Japan exports grow unexpectedly on solid car sales, global demand still uneven

Rugby-Wallaby Beale pleads not guilty to sexual assault in Sydney court

Australian war hero found complicit in Afghan murders says devastated by ruling, but will not apologise

China cuts medium-term lending rates as economy sputters

China’s May factory output, retail sales growth miss expectations

China cuts medium-term loan rates as economy sputters, more easing expected

China new home prices rise at slower pace in May

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