Reuters US Economy

By Kevin Buckland and Rocky Swift TOKYO (Reuters) -Investors in Japanese government bonds are bracing for a potential power shift in upper house elections this weekend that could strain the country’s already frail finances, with long-dated yields soaring to all-time highs as the vote nears. Prime Minister Shigeru Ishiba’s sliding popularity suggests even his modest …

Japan bond market blows out as election angst grips investors Read More »

KUALA LUMPUR (Reuters) -Malaysia has not yet found any evidence of illicit trade in advanced semiconductors, its trade minister said on Tuesday, adding that authorities were seeking help from the United States in its probe into alleged chip smuggling. Malaysia has been under pressure from the United States to staunch the flow to China of …

Malaysia has not found any evidence yet of illicit chip smuggling, minister says Read More »

By Liangping Gao, Yukun Zhang and Ryan Woo BEIJING (Reuters) -China’s new home prices fell at the fastest monthly pace in eight months in June, highlighting the struggle to revive demand despite repeated policy measures and growing calls for additional support. The 0.3% month-on-month drop, calculated by Reuters based on data released by the National …

China home prices fall at fastest pace in 8 months, stimulus calls rise Read More »

(Reuters) -Japanese Prime Minister Shigeru Ishiba is arranging to meet U.S. Treasury Secretary Scott Bessent in Tokyo on Friday, the Yomiuri newspaper reported on Tuesday, ahead of an August 1 deadline to strike a trade deal with the United States. A separate Yomiuri report said European Union leaders will visit Ishiba later this month to …

Japan PM to meet Bessent on Friday, Yomiuri says Read More »

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -U.S. President Donald Trump’s threatened 30% tariff on European Union imports is complicating the European Central Bank’s decision-making but is unlikely to derail plans for a pause in rate cuts next week, five ECB policymakers told Reuters. The ECB signalled after its June meeting that it was …

Exclusive-Tariff threat complicates ECB’s July decision but won’t derail pause to rate cuts, sources say Read More »

By Sabrina Valle and Mrinalika Roy (Reuters) -Lab equipment maker Waters Corp on Monday said it will buy a bioscience and diagnostics unit spun off from medtech provider Becton Dickinson in a stock-and-cash transaction valued at $17.5 billion, expanding its scale in clinical and diagnostic applications.  Becton Dickinson, which had been underperforming in recent months …

Waters to buy Becton unit in a $17.5 billion deal amid tariff pressures Read More »

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday temporarily spared Argentina from turning over its 51% stake in oil and gas company YPF to partially satisfy a $16.1 billion judgment, while criticizing the South American country for resisting payment. U.S. District Judge Loretta Preska in Manhattan pushed back Monday’s deadline to complete …

US judge criticizes Argentina while delaying 51% YPF stake turnover Read More »