Data-loss prevention company Cyberhaven hit by breach, statement says
By Raphael Satter and AJ Vicens Hackers compromised an employee of the data-protection company Cyberhaven and used the worker’s access to potentially steal sensitive information from the firm’s users, the company said in a statement distributed to customers and reviewed…
US may hit new debt limit as early as Jan 14, Yellen says
By Jasper Ward and Kanishka Singh WASHINGTON (Reuters) – The U.S. Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told…
Asian stocks drift, yen at 5-month low in thin year-end trading
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month lows in thin year-end trading as investors looked ahead to 2025, when the Federal Reserve is expected to…
China’s Nov industrial profits narrow decline but demand remains soft
BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, offering some respite to an embattled sector even as persistently soft domestic demand delays a recovery. The world’s second-largest economy has been struggling…
India’s widening bank liquidity deficit warrants more measures, traders say
By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is set to widen further in the upcoming quarter, leading to more voices demanding durable liquidity injection. The banking system’s liquidity shortfall has jumped to its highest level in…
China says new housing metrics behind upward revision to 2023 GDP
BEIJING (Reuters) – China said on Friday its 2023 gross domestic product was revised upward due in part to changes in housing sector calculation methods, which would also affect the size of the economy in 2024 but have little impact…