Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
Chinese President holds phone conversation with South African President, expresses support for BRICS | Reuters
Chinese President Xi Jinping held a phone call with South African President Ramaphosa to express support for South Africa’s rotating presidency of the BRICS. Photograph taken in March (2023 REUTERS/Sputnik/Vladimir Astapkovich/Kremlin via REUTERS) [北京 9日 ロイター] – Chinese President Xi Jinping held a phone call with South African President Ramaphosa to express support for South […]
The US economy is robust but slowing in some parts = Treasury Secretary Yellen | Reuters
US Treasury Secretary Yellen said on Thursday that the US economy was doing well on strong consumer spending, but that some regions were slowing. He said he expected inflation to continue to fall over the next two years. He gave an interview to CNBC. (2023 REUTERS/Elizabeth Frantz) [ワシントン 7日 ロイター] – US Treasury Secretary Yellen […]
US ISM manufacturing index falls below 50 for 7 consecutive months in May; new orders drop sharply | Reuters
The Institute for Supply Management (ISM) announced on May 1 that the manufacturing index fell to 46.9 in May from 47.1 in the previous month, falling below 50, the turning point for expansion and contraction, for the seventh month in successive FILE PHOTO: Boeing factory in Washington, US, March 2019. REUTERS/Lindsey Wasson [ワシントン 1日 ロイター] […]
US debt ceiling suspension bill, approval prospects = Speaker of the House | Reuters
US House Speaker McCarthy (Republican) announced on the 31st that there will be a vote on the bill to temporarily suspend the federal debt ceiling, and the bill will be passed. (Reuters/Julia Nikhinson, 2023) [ワシントン 31日 ロイター] – US House Speaker McCarthy (Republican) announced on the 31st that there will be a vote on the […]
US debt ceiling talks, discrepancies over $70 billion discretionary spending ‘close to agreement’ = sources | Reuters
Negotiations between President Biden and House Speaker McCarthy over raising the US debt ceiling are nearing a deal, with a difference of just $70 billion between the two on “discretionary spending,” excluding social security and other items. (2023 REUTERS/Craig Hudson) [ワシントン 25日 ロイター] – Talks between President Biden and Speaker of the House McCarthy over […]
Responding to criticism of the US debt ceiling, Mr Biden adjusts telephone discussions with the Speaker of the House | Reuters
The US administration and Congressional Republicans traded accusations on Wednesday over the federal debt ceiling. No talks took place that day, and a White House official said President Biden had directed his administration team to schedule a phone call with House Speaker McCarthy (pictured, a Republican) for Monday morning ET. FILE PHOTO: Washington, DC May […]
The situation around raising the US debt ceiling “tougher than in the past” = Treasury Secretary | Reuters
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on May 13 that the situation surrounding the U.S. debt ceiling hike was “more difficult than it has been in the past,” but she hoped for a solution to avoid a default. Pictured: Ms Yellen meets Finance Minister Suzuki. Representative photo in Niigata (2023 Reuters) Niigata […]
US faces “serious risk of default” in first half of June = Congressional Budget Office | Reuters
The US Congressional Budget Office (CBO) warned on Wednesday that it faces a “significant risk” of a default as early as early June if the federal debt ceiling is not raised. FILE PHOTO: April 6, 2023. REUTERS/Elizabeth Frantz [ワシントン 12日 ロイター] – The US Congressional Budget Office (CBO) warned on Thursday that it faces a […]
US stock investors wary of turbulence even after hints at holding off on fed rate hikes | Reuters
NEW YORK (Reuters) – The U.S. Federal Reserve raised its rate target by 0.25 percentage points to 5.00% to 5.25% on Wednesday, but will hold off on rate hikes that hinted at the possibility. The cycle of rate hikes that have plagued markets since last year may be coming to an end, but uncertainty about […]