The dollar edged lower as the US debt ceiling agreement affected the safe haven’s appeal

[1/3] Illustrative photo showing US $100 banknotes taken in Tokyo on August 2, 2011. REUTERS/Yuriko Nakao/File Photo The dollar falls after the US debt ceiling agreement High risk currencies The Turkish lira touched a new record low LONDON (Reuters) – The dollar fell on Monday, retreating from six-month highs against the yen, as a US … Read more

AA arghg! Stocks in debt ceiling risk zone after US rating warning

[1/2] The US Capitol is reflected in a diminishing pool amidst ongoing negotiations seeking a deal to raise the US debt ceiling and avoid a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE (Reuters) – Markets were stuck in uncertainty about the U.S. debt ceiling on Thursday, while Europe largely ignored … Read more

Western intelligence has said that Chinese hackers are spying on critical US infrastructure

May 24 (Reuters) – Western intelligence agencies and Microsoft Corp said on Wednesday that a Chinese state-sponsored hacking group has been spying on a wide range of critical infrastructure organizations in the United States, from telecommunications to transportation hubs. Microsoft said in a report that espionage also targeted the US island of Guam, which includes … Read more

Russia and China sign economic agreements despite Western criticism

[1/6] Le Premier ministre russe Mikhaïl Michoustine et le premier chinois help Li Qiang a une cérémonie de signature à Pékin, en Chine. / Prize Photography: May 24, 2023 / Reuters / Thomas Peter BEIJING (Reuters) – Russia’s prime minister signed a raft of agreements with China on Wednesday during a trip to Beijing, describing … Read more

Markets are jittery about the uncertainty about the debt ceiling and rising US yields

[1/2] A trader works at the Frankfurt Stock Exchange amid the coronavirus disease (COVID-19) outbreak, in Frankfurt, Germany, December 30, 2020. REUTERS/Ralf Orlovsky Debt ceiling hopes are hanging Fed talk pushes US yields higher European stocks are down, and US futures are flat European PMI data shows that business growth has remained resilient SINGAPORE (Reuters) … Read more

Moody and Blinken meet Pacific Island leaders in Papua New Guinea

[1/2] Prime Minister of India Narendra Modi is greeted by Prime Minister of Papua New Guinea James Marape at Jackson International Airport, in Papua New Guinea on May 21, 2023. Papua New Guinea … Read more (Reuters) – Indian Prime Minister Narendra Modi pledged support to the Pacific islands at a summit in Papua New … Read more

Chinese President unveils the grand development plan for Central Asia

[1/6] Chinese President Xi Jinping speaks at the round table during the China-Central Asia Summit in Xi’an, Shaanxi Province, China, May 19, 2023. Mark Cristino/Pool via Reuters XIAN (Reuters) – Chinese President Xi Jinping on Friday unveiled a grand plan for the development of Central Asia, from building infrastructure to boosting trade, and assuming a … Read more

The dollar climbed to its highest level in seven weeks after strong data and optimism about the debt ceiling

Housing in the United States begins to rise in April Biden and McCarthy are pushing for a deal soon The Chinese Yuan is weakening after 7 dollars for every dollar The US dollar reached a two-week high against the yen SINGAPORE (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism … Read more

The study found that Eisai’s drug, Biogen Alzheimer’s drug Leqembi, would cost US Medicare up to $5 billion a year.

May 11 (Reuters) – Wide coverage of the Alzheimer’s drug Leqembi, led by researchers at the University of California, Los Angeles (UCLA), will raise future costs for the U.S. health care plan by $2 billion to $5 billion a year, shows. This year Leqembi, by partners Eisai Co Ltd (4523.T) and Biogen Inc (BIIB.O) at … Read more

The US debt crisis overshadows the meeting of the G7 financial leaders

Japan says the G7 may discuss the US debt crisis, and is ready to respond Biden warns of an American recession unless the ceiling is raised quickly Group of Seven to discuss ways to strengthen the global banking system Slowing inflation in China adds to fears of a global recession Yellen wants to discuss the … Read more