Thai PM says part of $13 billion digital wallet stimulus to be in cash
BANGKOK (Reuters) – Thai Prime Minister Paetongtarn Shinawatra said on Tuesday that a part of the government’s flagship 450 billion baht ($13.1 billion) digital wallet stimulus handout will be made in cash. Details are still being finalised and will be…
Dollar steady as traders brace for labour data deluge
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held close to a two-week high against the yen and the euro on Tuesday as investors geared up for a slew of economic data, including Friday’s U.S. payrolls, that will influence the…
Morning Bid: ISM kicks off the dollar’s big week
A look at the day ahead in European and global markets from Tom Westbrook Today’s U.S. ISM manufacturing survey is the first major indicator out in a big week for U.S. data and, likely, the dollar. Investors and the Federal…
China, South Africa agree to seek balanced trade, more investments
By Liz Lee BEIJING (Reuters) – China and South Africa, whose top leaders met in Beijing, agreed to promote balanced trade and discussed boosting two-way investments between their industrial and commercial communities, a joint statement on Tuesday showed. President Xi…
Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuring
By Marc Jones and Karin Strohecker LONDON (Reuters) – Just a few months after Russia invaded Ukraine, the country’s financial adviser, Rothschild & Co, handed Kyiv’s debt chief a thick black folder detailing major sovereign debt restructurings of the past…
U.S. stock rally broadens as investors await Fed
By David Randall NEW YORK (Reuters) – A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve’s expected rate cuts in…