SHANGHAI (Reuters) - Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan weakening is neither the intent nor desirable.
The biggest signal of tolerance for a weaker yuan has come via the People's Bank of China's (PBOC) daily reference rate, or fixing, around which the yuan is allowed to trade.
Having... (continue reading...)
PARIS (Reuters) -A man shot and wounded two police officers in Paris after he got hold of one of the officer's weapons while he was being held at a police station, AFP and BFM TV reported on Thursday.
The incident occurred on Thursday evening at a police station in Paris' 13th district. The two wounded police officers have been taken to hospital, the French media reports said.
The suspect had initially been arrested and taken to the police... (continue reading...)
(Reuters) - Target is planning to cut LGBTQ-themed merchandise from some of its stores during Pride Month this June, Bloomberg News reported on Thursday, after a backlash hit sales of the retailer last year.
Target plans to offer the full assortment of the merchandise online but is examining store-level data to decide which physical locations will carry the products, the report said, citing people familiar with the matter.
The company did... (continue reading...)
By Anna Tong
(Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google.
The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is working on a search product to potentially compete with... (continue reading...)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
Asian markets are poised to round off the week on a positive note on Friday, supported by gains on Wall Street, a weaker dollar and falling Treasury yields the day before.
But momentum looks sluggish, and if anything, investors in Asia are more likely to end the week with a limp over the finishing line rather than a burst of bullish optimism.
... (continue reading...)More Reuters
View Older Stories-
Exclusive-Jared Kushner pitching donors on father-in-law Trump, sources say
-
US to post influenza A wastewater data online to assist bird flu probe, official says
-
US hold on arms for Israel sends 'wrong message,' says Israeli envoy
-
Biden administration, civil groups sue Iowa over immigrant arrest law
-
Biden concerned over Boeing firefighters' lockout
-
US committee targets Georgia Tech's alleged ties to Chinese military linked research
-
Suffering worst drought in decades, Costa Rica orders electricity rationing
-
Gen Digital beats quarterly revenue estimates
-
Elon Musk may be compelled to testify again in SEC's Twitter takeover probe
-
US asylum change aims to speed up some rejections at Mexico border
-
SEC investigating Boeing's statements on its safety practices, Bloomberg News reports
-
Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty
-
US to determine cause of Southwest, FedEx jetliners near-miss incident
-
Peru's poverty rate ticks up for second straight year
-
US Post Office chief defends restructuring plan as net loss narrows
-
Israel due to get billions of dollars more in US weapons despite Biden pause
-
British commander says air drops a lifesaver for Gazans facing starvation
-
US warning on arms supplies prompts Israeli defiance, doubts
-
Exclusive-China's Zeekr prices US IPO at top of range to raise $441 million, source says
-
Column-US Treasury futures leverage, positions back on the rise: McGeever
-
US 'deeply troubled' by actions against protesters in Georgia
-
Mexico's Bankaool plans US stock market debut by 2026
-
Western Union resumes remittance service to Cuba after 3-month outage
-
Analysis-Behind Biden's Israel weapons pause: a defiant Netanyahu, a tense phone call
-
No new trial for convicted Honduras ex-president in US drug case
-
Tesla interfered with union organizing at New York plant, US agency claims
-
Chad declares interim president Deby winner of disputed vote
-
Pilates chain Solidcore explores sale, sources say
-
Ford mulls offering gas-powered vehicles, hybrids in Europe beyond 2030
-
Comic book gives the lowdown on Janet Jackson's life and career
-
Zelenskiy dismisses head of state guard after two members accused of assassination plot
-
Exclusive-Power producer Calpine explores options including $30 billion sale, sources say
-
Apple to power AI servers with its chips, Bloomberg News reports
-
Hunter Biden loses bid to dismiss gun charges, clearing way for June trial
-
BP looks to expand EV charging unit in US after Tesla disbands Supercharger team
-
US House panel to hold hearing on Maryland bridge collapse
-
Cuba may import sugar, rum industry pressed amid disastrous harvest
-
T-Mobile, Verizon in talks to buy parts of US Cellular, WSJ reports
-
US Supreme Court reinforces police power in seized vehicle ruling
-
BoE's Pill says it is too soon to cut rates but confidence growing
-
Robinhood makes headway beyond trading
-
Major Rafah operation will not defeat Hamas, White House says
-
GSM Outdoors' owner explores sale of hunting gear maker, sources say
-
US 30-year fixed-rate mortgage falls to 7.09%, still too high to boost housing
-
US satisfied so far with India Sikh plot probe, but stresses 'red line'
-
Citgo Petroleum reports first quarter profit of $410 million
-
Italy's Pirelli confirms guidance after Q1 operating profit tops estimates
-
Deaths in Brazil floods rise to 107, horse rescued from rooftop
-
Twin decisions from Colombian courts deal blows to Petro's government
-
Factbox-Eurovision 2024: what to expect, as crowds gather amid anti-Israel protests