Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Shanghai kicks off plan to permit foreign-owned hospitals

HONG KONG (Reuters) – Shanghai has kicked off a plan to permit the institution in China of wholly foreign-owned hospitals in key financial zones, biopharmaceutical areas and downtown districts which are dwelling to many expatriate residents. The industrial capital is…

Fed can soothe Trump or Treasuries, not each: Mike Dolan

By Mike Dolan LONDON (Reuters) -Excessive bond market agitation has put the Federal Reserve in a bind. It may both cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints about rates of interest being “far too excessive.” It…

Fed can soothe Trump or Treasuries, not each: Mike Dolan

By Mike Dolan LONDON (Reuters) -Excessive bond market agitation has put the Federal Reserve in a bind. It could actually both cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints about rates of interest being “far too excessive.”…