Reuters

BEIJING (Reuters) - China's manufacturing activity in May grew at the fastest pace in about two years with strong production and new orders, a private sector survey showed on Monday, indicating the sector remains robust amid supportive industrial policies.

The Caixin/S&P Global manufacturing PMI rose to 51.7 in May from 51.4 the previous month, marking the fastest pace since June 2022 and beating analysts' forecasts of 51.5. The 50-point mark separates... (continue reading...)

By Ankur Banerjee

SINGAPORE (Reuters) - The currency market started the week cautiously, with the dollar slightly lower on Monday after data last week showed U.S inflation had stabilised in April, keeping the door open for the Federal Reserve to cut interest rates later in the year.

The dollar posted its first monthly decline of the year in May, weighed down by shifting expectations on when the U.S. central bank will cut rates and by how... (continue reading...)

SYDNEY (Reuters) - Australia's independent wage-setting body on Monday raised the national minimum wage by 3.75%, largely in line with inflation, as families tackle soaring living costs.

The minimum rate will rise to A$24.10 ($16.05) per hour from July 1, resulting in an extra A$33 per week for about a fifth of the Australian workforce or about 2.6 million employees.

In its annual review, the Fair Work Commission said cost-of-living... (continue reading...)

By Sanjeev Miglani

NEW DELHI (Reuters) - India's general election, with nearly a billion eligible voters, ended on Saturday. Votes are to be counted on Tuesday and results will be known later that day.

Here are some takeaways from the six-week election :

* Prime Minister Narendra Modi is set to be re-elected with an even bigger majority, according to weekend exit polls. Most predicted a two thirds majority for his ruling... (continue reading...)

(Reuters) - The executive editor of the Washington Post, Sally Buzbee, the first woman to lead the newspaper's newsroom, has stepped down from her role, the publication said on Sunday.

Matt Murray, ex Editor in Chief of the Wall Street Journal, will replace her  until the November 2024 presidential election, and will then be followed by Robert  Winnett of the Telegraph Media Group, who will become the newspaper's editor, the Washington Post said in... (continue reading...)