Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Register now for FREE unlimited access to Register LONDON, Sept 7 (Reuters) – European stock markets fell on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen. US Treasury yields jumped and the dollar received a boost … Read more

Shenzhen shuts most public transport as China battles multiple outbreaks

Register now for FREE unlimited access to Register Shenzhen suspends public transport across the majority of the city Toyota, VW plants in Chengdu operate in ‘closed loops’ Chinese blue-chip stocks fail as curbs cloud outlook SHENZHEN, China, Sept 2 (Reuters) – The main districts of Chinese tech hub Shenzhen shut down public transport and … Read more

Japan’s super tight jobs market fails to deliver egalitarian promise

TOKYO, Sept 1 (Reuters) – When Riku Omori’s pay at his regular job was slashed by a third, he found temporary work delivering fried chicken and Thai food on his bike on the streets of Kawasaki, south of Tokyo, as a way to supplement his reduced earnings. The extra 100,000 yen ($722) 26-year-old Omori gets … Read more

Exclusive: US regulators to vet Alibaba,, other Chinese firms’ audits

Register now for FREE unlimited access to Register Alibaba,, Yum China notified of US audit inspection -sources Vetting of US-listed Chinese firms’ audits starts next month Follows landmark US-China audit deal Alibaba US-listed shares closed down nearly 3% on Tuesday HONG KONG, Aug 31 (Reuters) – US regulators have selected e-commerce majors Alibaba … Read more