Town Hall News

A look at the day ahead in European and global markets from Kevin Buckland You didn’t think it would be that easy, did you? Investors are on edge after equities and the dollar got knocked back Friday, when Republican negotiators unexpectedly walked out of debt ceiling talks. Discussions now seem to be back on track, with President Joe Biden due to meet House Republican Speaker Kevin McCarthy later today. But […]

ROME (Reuters) – Daniil Medvedev rose to number two in the world rankings ahead of the French Open by capturing the Rome title on Sunday and the Russian said his unexpected win on clay counts as one of his most special triumphs. Heading into Rome, Medvedev had won 18 of his 19 titles – including the 2021 U.S. Open – on hardcourts, with his Mallorca Open victory on grass the […]

(Reuters) – Former India captain Virat Kohli said he feels at the top of his game and is playing the best Twenty20 cricket of his career after scoring a record seventh century in the Indian Premier League (IPL) on Sunday. Opener Kohli scored an unbeaten 101 off 61 balls for Royal Challengers Bangalore, smashing 13 fours and a six during his innings, though it was not enough to guide his […]

SEOUL/SHANGHAI (Reuters) -Several Chinese and South Korean chipmaker stocks rallied on Monday after Beijing barred U.S. firm Micron Technology from selling memory chips to key domestic industries over security concerns, reviving Sino-U.S. trade tensions. China’s cyberspace regulator said late on Sunday that Micron had failed its network security review and that it would block operators of key infrastructure from buying from the company. It neither provided details on what risks […]

By Michael S. Derby NEW YORK (Reuters) – Economists have pushed back their expectations of when the Federal Reserve will cut interest rates and have raised their forecasts for inflation and the strength of the job market, a survey released on Monday showed. Economists now believe the U.S. central bank, which is debating whether it needs to raise rates again, will lower its targeted policy rate in the first quarter […]

BEIJING (Reuters) – China’s Wuling Motors has lowered starting prices for its Mini EV electric vehicles to as low as 29,800 yuan ($4,300), the company said on Monday. Some new energy vehicle models saw price cuts of as much as 13,000 yuan, it added in a statement. ($1=6.9121 Chinese yuan renminbi) (Reporting by Beijing newsroom; Writing by Liz Lee; Editing by Clarence Fernandez) Brought to you by www.srnnews.com

SEOUL/SHANGHAI (Reuters) -Several Chinese and South Korean chipmaker stocks rallied on Monday after Beijing barred U.S. firm Micron Technology from selling memory chips to key domestic industries over security concerns, reviving Sino-U.S. trade tensions. China’s cyberspace regulator said late on Sunday that Micron had failed its network security review and that it would block operators of key infrastructure from buying from the company. It neither provided details on what risks […]

By Byron Kaye and Renju Jose SYDNEY (Reuters) -Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world’s toughest regimes for the startup sector. The move would put companies like Afterpay, owned by Jack Dorsey’s Block Inc, and Zip Co under the watch of the Australian Securities […]

BEIJING (Reuters) – Argentina captain Lionel Messi will lead his side against Australia in a friendly in Beijing next month with his first visit to China in six years set to spark a mass scramble for tickets. The Argentina embassy in China said on Monday that the World Cup winners would play Australia on June 15, bringing Messi to the country for the first time since 2017. It will mark […]