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

Register now for FREE unlimited access to Reuters.com 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

Flood-hit Pakistan breaches lake to avert overflow

Register now for FREE unlimited access to Reuters.com Register Disaster management warns of more rains in the north Number of child deaths increases by 12 to 453 Prime minister calls for help to reduce child deaths KARACHI, Pakistan, Sept 4 (Reuters) – Authorities in flood-hit Pakistan breached the country’s largest freshwater lake on Sunday, displacing … Read more

Shenzhen shuts most public transport as China battles multiple outbreaks

Register now for FREE unlimited access to Reuters.com 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

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

Register now for FREE unlimited access to Reuters.com Register Alibaba, JD.com, 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

Fed officials see US interest rates rising further

John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, US, March 6, 2019. REUTERS/Lucas Jackson Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – US Federal Reserve officials on Tuesday reiterated … Read more