China forex reserves fell to $3.205 trln in Feb
BEIJING -- China's foreign exchange reserves fell less than expected in February, official data showed on Sunday, due to valuation effects. Read More
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Democrats push Biden’s $1.9 trillion COVID bill through Senate on party-line vote
WASHINGTON -- The U.S. Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that was delayed repeatedly as the Republican minority tried but failed to push through around three dozen amendments. Read More
‘A side of shares’: Deliveroo to offer 50 million pounds of stock to customers
LONDON -- Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation, with the offer branded "Great food with a side of shares." Read More
Senate Democrats reach deal on jobless aid in Biden’s $1.9 trillion COVID-19 bill
WASHINGTON -- Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay. Read More
Texas grid operator made $16 bln price error during winter storm, watchdog says
Power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across Texas, Potomac Economics, which monitors the state's power market, said. Read More
Texas grid operator made $16 bln price error during winter storm, watchdog says
Texas' power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across the state, Potomac Economics, which monitors the state's power market, said. Read More
White House says closely tracking Microsoft’s emergency patch
WASHINGTON -- The White House is closely tracking an emergency patch Microsoft Corp has released, U.S. national security adviser Jake Sullivan said on Thursday, after an unknown hacking group recently broke into organizations using a flaw in the company's mail server software. Read More
Surging bond yields push Asian shares to one-month lows
NEW YORK/SYDNEY -- Asian stocks skidded to one-month lows on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high, which in turn dragged the Japanese yen. Read More
Soybeans edge lower, concerns over South American crop outlook cap losses
CANBERRA -- U.S. soybean futures edged lower on Friday, though concerns about production in South America due to adverse weather conditions capped losses. Read More
China’s parliament to delay Hong Kong legislative vote, overhaul electoral system
HONG KONG -- Elections for Hong Kong's legislature will likely be deferred for a second year to September 2022 as Beijing plans a major overhaul of the city's electoral system, a severe blow to remaining democratic hopes in the global financial hub. Read More