China cbank governor expects inflation to be below 2% this year

FILE PHOTO: The Chinese national flag flies at half-mast at the headquarters of the People’s Bank of China, the central bank (PBOC), as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival in Beijing, China April 4, 2020. REUTERS/Carlos Garcia RawlinsSHANGHAI (Reuters) – China’s central bank governor Yi Gang said […]

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Dollar inches lower as focus turns to upcoming data, ECB meeting

NEW YORK (Reuters) – The dollar was slightly weaker on Wednesday as investors focused on a European Central Bank meeting and the upcoming U.S. consumer price index report to gauge the current pace of the economic recovery.FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick […]

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Clean Energy Fuels, ContextLogic soar as retail traders pick new meme stocks

Clean Energy Fuels and ContextLogic soared Wednesday as mentions of both companies on chat boards rises. ContextLogic is the second-most talked about stock on Reddit's WallStreetBets forum over the last 24 hours, according to QuiverQuant. Wednesday's activity comes after Clover Health, another popular name among retail traders, doubled at one point on Tuesday. In this article CLNE WISH A new […]

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LG Energy moves ahead on S.Korea IPO that IFR says may raise $10-$12 billion

SEOUL (Reuters) – Auto battery maker and Tesla Inc supplier LG Energy Solution applied for preliminary approval of an initial public offering (IPO) that financial publication IFR said could raise $10 billion-$12 billion in South Korea’s biggest ever listing. LG Energy and the Korea Exchange announced the application for approval of the previously flagged IPO on Tuesday, without mentioning its […]

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Socialist Castillo holds on to tight lead in Peru election as protests break out

LIMA (Reuters) -Hundreds of Peruvians demonstrated outside the elections office in Lima on Tuesday as the presidential vote count neared its end, with socialist Pedro Castillo holding on to a narrow lead and tensions rising over contested ballots and accusations of fraud.Supporters of Peru’s presidential candidate Keiko Fujimori gather on a street near the National Office of Electoral Processes after […]

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Analysis-U.S. defending presidency, not trying to 'save Trump,' in recent legal moves

WASHINGTON (Reuters) – President Joe Biden’s Justice Department aimed to shield the presidency, not Donald Trump, with its latest action in a defamation case brought by a woman who accuses the former president of raping her, legal experts said.FILE PHOTO: U.S. Attorney General Merrick Garland speaks at the Department of Justice in Washington, U.S. April 26, 2021. Mandel Ngan/Pool via […]

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Genocide conviction upheld against former Bosnian Serb military chief Mladic

THE HAGUE (Reuters) -United Nations war crimes judges on Tuesday upheld a genocide conviction and life sentence against former Bosnian Serb military commander Ratko Mladic, confirming his central role in Europe’s worst atrocities since World War Two.Former Bosnian Serb military leader Ratko Mladic gestures prior to the pronouncement of his appeal judgement at the UN International Residual Mechanism for Criminal […]

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