Forex
Dollar bounces higher as traders brace for inflation data
© Reuters. U.S. one dollar banknotes are seen in this illustration By Tommy Wilkes LONDON (Reuters) – The dollar gained ground on Monday after last week’s drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. Elsewhere it was a quiet start to a […]
Economy
Arrest of former Director of Construction Department on Bribery!!
KHANH HOA – Like the former leaders of Khanh Hoa province who were prosecuted before, the former director of this province’s Department of Construction was arrested on charges of making a mistake when allocating land to businesses “causing budget loss.” According to Tuoi Tre newspaper, on the afternoon of September 17, the Khanh Hoa Provincial Public […]
After sanctions, Huawei turning to businesses less reliant on high-end U.S. tech
© Reuters. Huawei logo at Huawei Technologies France in Boulogne-Billancourt By David Kirton SHENZHEN, China (Reuters) -Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome U.S. restrictions that have devastated its smartphone business. Huawei was put on an […]
Fed’s Powell: U.S. economy at an ‘inflection point’ – CBS ’60 Minutes’
2/2 © Reuters. FILE PHOTO: Chair of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing in Washington 2/2 By Dan Burns and Howard Schneider (Reuters) – The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but also risks […]
Commodities & Futures
U.S. to waive sanctions on firm, CEO behind Russia’s Nord Stream 2 pipeline -source
© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo MOSCOW (Reuters) – Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of […]
EU agrees partial truce with U.S. over Trump tariffs
© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman By Philip Blenkinsop BRUSSELS (Reuters) – The European Union has agreed to a partial truce with the United States in a dispute over metal tariffs imposed by former president Donald Trump and to start […]
