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Delaware court allows TripAdvisor to reincorporate in Nevada

© Reuters. FILE PHOTO: The logo for a travel website company TripAdvisor Inc is shown on a computer screen in this illustration photo in Encinitas, California May 3, 2016. REUTERS/Mike Blake/File Photo By Jody Godoy (Reuters) -A Delaware judge said on Tuesday that TripAdvisor (NASDAQ:) can go ahead with its planned move to Nevada, though…

China cuts 5-year loan prime rate more than expected, 1-year LPR left unchanged

© Reuters. Investing.com -- The People’s Bank of China cut its five-year benchmark loan prime rate by a bigger-than-expected margin on Tuesday, loosening monetary conditions further in a bid to support a slowing economic recovery in the country.  The PBOC cut its , which is used to determine mortgage rates, to 3.95% from 4.20%. Analysts…

Fed to cut US rates in June, risks skewed towards later move: Reuters poll

© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) - The U.S. Federal Reserve will cut the federal funds rate in June, according to a slim majority of economists polled by Reuters, who also said…

Saudi Arabia sees medium-term non-oil growth at over 5%, below previous estimate

© Reuters. File photo: A general view of the car market as people gather to buy vehicles before the expected increase of VAT to 15% in Riyadh, Saudi Arabia June 27, 2020. REUTERS/Mohammed bin Mansour/File photo By Alexander Cornwell and Pesha Magid RIYADH (Reuters) -Saudi Arabia's non-oil growth is expected to come in above 5%…

Germany likely in recession, Bundesbank says

© Reuters. People watch the rising sun which illuminates Berlin's skyline, framing the Fernsehturm (Television Tower) and the Berliner Funkturm (Berlin Radio Tower), Germany, September 7, 2023. REUTERS/Fabrizio Bensch/File Photo FRANKFURT (Reuters) - Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high…

German homes are still overvalued despite price drop

© Reuters. FILE PHOTO: Apartments are illuminated inside residential buildings at the bank of Berlin-Spandauer-Schifffahrtskanal in Berlin, Germany, November 10, 2023. REUTERS/Lisi Niesner/File Photo FRANKFURT (Reuters) - German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the country's central bank said on Monday. Germany's decade-long property…

French finance minister to cut 2024 growth forecast

© Reuters. French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire delivers a speech during the inauguration of a new hub in France dedicated to the artificial intelligence (AI) sector, at the Google France headquarters in Paris, France, F PARIS (Reuters) - French Finance Minister Bruno Le Maire will announce a lower…

Unfazed by recession, BOJ keeps April policy shift on table

© Reuters. People walk in front of the Bank of Japan building in Tokyo, Japan January 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo (This Feb. 16 story has been corrected to fix the concluding date of wage negotiations to March 13, not March 15, in paragraph 17) By Leika Kihara TOKYO (Reuters) - The Bank of Japan is on track…

China central bank leaves key policy rate unchanged under shadow of Federal Reserve

© Reuters. A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/ File Photo SHANGHAI/SINGAPORE (Reuters) - China's central bank left a key policy rate unchanged as…

USD/JPY Price Analysis: Holds above 150.00 ahead of the weekend

USD/JPY advances to 150.16, lifted by US inflation figures and positive consumer outlook. Fed's Bostic and Daly call for a cautious stance on rate cuts, advocating patience. Technical outlook suggests bullish potential for USD/JPY, eyeing targets beyond 151.00 with key supports in focus. The USD/JPY is set to finish the day and the week positively,…
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