China leaves benchmark LPRs unchanged, in line with expectations
SHANGHAI/SINGAPORE (Reuters) - China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations. WHY IT'S IMPORTANT The steady monthly LPR fixings come after China announced "historic" steps last week to ...
2h ago
Elliott builds $1 billion-plus stake in Johnson Controls, Bloomberg reports
(Reuters) - Activist investor Elliott Investment Management has built a position worth over $1 billion in Johnson Controls International Plc, Bloomberg News reported on Sunday. The Bloomberg report also said that Elliott's intentions behind the sta...
2h ago
Golf-DeChambeau empties tank but comes up short at PGA Championship
(Reuters) - Bryson DeChambeau delivered an incredible show during the final round of the PGA Championship on Sunday and while he came up short he left Valhalla Golf Club in Louisville, Kentucky, confident he will get another shot at major glory. De...
2h ago
Asia shares touch two-year top as China plans property boost
By Tom Westbrook SINGAPORE (Reuters) - Asian shares started the week by rallying two-year highs on Monday, buoyed by China's strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks, while the doll...
2h ago
Suspect in Malaysia police attack acted alone, not linked to militant group, report says
KUALA LUMPUR (Reuters) - The suspect in an attack on a Malaysian police station that killed two officers last week acted alone and was not part of any militant group, state news agency Bernama reported, citing the country's top police official. Aut...
2h ago
Golf-Schauffele finally adds some major silverware to Olympic gold
(Reuters) - Xander Schauffele finally added some elusive silverware to his Olympic gold, shedding the title of golf's nearly man on Sunday with a dramatic birdie on the final hole to win the PGA Championship and hoist the massive Wanamaker Trophy. ...
2h ago
Dollar steady as traders await clues on US rate path
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was broadly steady on Monday as investors awaited further clues to help chart the U.S. interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows si...
2h ago
Australia's Star Entertainment gets potential deal offers
(Reuters) - Australian casino operator Star Entertainment Group said on Monday it had received unsolicited and non-binding interest from several external parties regarding potential take-control transactions. The Australian Financial Review had rep...
4h ago
Asking prices for UK homes hit record high, Rightmove says
LONDON (Reuters) - Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs, but the pace of gains has slowed, according to data from property website Rightmove. The average asking price for resi...
4h ago
Demi Moore says Cannes body horror 'The Substance' demanded full vulnerability
By Mike Davidson CANNES, France (Reuters) - Movie star Demi Moore said the vulnerability required for her role in body horror film "The Substance," which premiered at the Cannes Film Festival on Sunday, was both demanding and exciting. Moore stars ...
5h ago