Business

China June new home prices fall at slower pace

Tuesday, July 14 by SRN News

BEIJING, July 15 (Reuters) - China's new home prices contracted again in June, though at a slightly slower pace, official data showed on Wednesday, as weakness in nationwide demand offset small pockets of improvement in core cities. New home prices dropped 0.1% in June from... Read More.

Dollar struggles as softer inflation dims Fed hike bets

Tuesday, July 14 by SRN News

By Jiaxing Li HONG KONG, July 15 (Reuters) - The dollar extended its weakness on Wednesday after tumbling from a two-week high, as softer-than-expected inflation data curbed bets on a near-term Federal Reserve rate hike, despite concerns that elevated oil prices could fuel inflation risks.... Read More.

Singapore’s DBS targets over $774 billion in wealth assets by 2030

Tuesday, July 14 by SRN News

By Rae Wee and Yantoultra Ngui SINGAPORE, July 15 (Reuters) - DBS Group aims to grow assets under management in its wealth business to more than S$1 trillion ($774 billion) by 2030, its unit's head said, as Singapore's biggest bank bets on rising Asian wealth... Read More.

Foreigners bought $132 billion of U.S. securities in May, Treasury says

Tuesday, July 14 by SRN News

By Colin Barr NEW YORK, July 14 (Reuters) - Foreign investors bought a net $132 billion of U.S. securities in May, the Treasury Department said on Tuesday in its monthly Treasury International Capital report. The net inflow brings net long-term purchases by foreigners to $1.33... Read More.

Exclusive-Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say

Tuesday, July 14 by SRN News

By Amy-Jo Crowley and Milana Vinn July 14 (Reuters) - Lionsgate Studios, the entertainment company behind the "Hunger Games" and "John Wick" franchises, is exploring a sale and has attracted takeover interest from France's Bollore Group, as consolidation accelerates across the media industry, three people... Read More.

Japan manufacturers stay upbeat on chip demand, services hit by costs

Tuesday, July 14 by SRN News

By Satoshi Sugiyama TOKYO, July 15 (Reuters) - Japanese manufacturers' sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence among non-manufacturers fell as the Middle East conflict, a weak yen and rising interest rates pushed up costs, the latest Reuters Tankan... Read More.

US drivers may soon see pump prices climb back up to $4

Tuesday, July 14 by SRN News

By Nicole Jao NEW YORK, July 14 (Reuters) - Americans could soon see gasoline prices top $4 a gallon again as renewed hostilities between the U.S. and Iran have pushed energy prices higher by paralyzing traffic through the Strait of Hormuz, a critical route for... Read More.

Gibraltar ushers in a new era as British territory’s border fence with Spain is removed

Tuesday, July 14 by SRN News

MADRID (AP) - Thousands of people who travel every day between the southern tip of Spain and the British territory of Gibraltar will no longer have to cross a physical border, beginning on Wednesday. The official opening at midnight, after a border fence was fully... Read More.

26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave

Tuesday, July 14 by SRN News

A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems to select people for layoffs, disproportionately targeting those on medical, parental or family leave. They are among the 8,000 employees, or about 10% of its workforce, Meta said it... Read More.

Current Weather

China June new home prices fall at slower pace

Dollar struggles as softer inflation dims Fed hike bets

Singapore’s DBS targets over $774 billion in wealth assets by 2030

Top Fed officials embrace cooler inflation reading, clamor for more

Foreigners bought $132 billion of U.S. securities in May, Treasury says

Exclusive-Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say

Japan manufacturers stay upbeat on chip demand, services hit by costs

US drivers may soon see pump prices climb back up to $4

Gibraltar ushers in a new era as British territory’s border fence with Spain is removed

26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave

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