May 2024 – Page 5

China mulls record fine for PwC over Evergrande auditing, Bloomberg News reports

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|Date: Thursday, 30 May 2024
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China mulls record fine for PwC over Evergrande auditing, Bloomberg News reports

The fine could be at least 1 billion yuan ($138 million), while PwC is facing a halt of operation at some ...

The fine could be at least 1 billion yuan ($138 million), while PwC is facing a halt of operation at some of its mainland offices. China's Ministry of Finance may announce the penalties as soon as thi ...

Thursday, 30 May 2024
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Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America

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|Date: Thursday, 30 May 2024
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Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America

(Reuters) -Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in ...

(Reuters) -Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its auto glass repair business in North Ameri ...

Thursday, 30 May 2024
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Dollar trades around two-week high as U.S. bond yields surge

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|Date: Thursday, 30 May 2024
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Dollar trades around two-week high as U.S. bond yields surge

By Harry Robertson and Kevin BucklandLONDON/TOKYO (Reuters) - The dollar held steady on Thursday after ri ...

By Harry Robertson and Kevin BucklandLONDON/TOKYO (Reuters) - The dollar held steady on Thursday after rising to a two-week high as a rout in U.S. Treasuries pushed up yields, boosting the currency's ...

Thursday, 30 May 2024
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Taiwan raises 2024 GDP forecast on strong AI-related exports, home consumption

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|Date: Thursday, 30 May 2024
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Taiwan raises 2024 GDP forecast on strong AI-related exports, home consumption

TAIPEI (Reuters) - Taiwan's trade-reliant economy is expected to grow at a faster pace in 2024 than previ ...

TAIPEI (Reuters) - Taiwan's trade-reliant economy is expected to grow at a faster pace in 2024 than previously forecast, owing to high demand for artificial intelligence (AI) applications abroad and s ...

Thursday, 30 May 2024
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RIZE launches: Web 3’s first Liquidity Diffusion Network

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|Date: Thursday, 30 May 2024
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RIZE launches: Web 3’s first Liquidity Diffusion Network

RIZE, Web 3’s first Liquidity Diffusion Network (LDN) came out of stealth today, aims to provide competit ...

RIZE, Web 3’s first Liquidity Diffusion Network (LDN) came out of stealth today, aims to provide competitive and returns on single-click strategies. On launch, the platform’s yields sit at 21% APY on ...

Thursday, 30 May 2024
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Dollar rebounds as equities dip, eyes on Treasury auctions

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|Date: Thursday, 30 May 2024
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Dollar rebounds as equities dip, eyes on Treasury auctions

The decline in equities has seemingly allowed the dollar to align with firmer short-term U.S. interest ra ...

The decline in equities has seemingly allowed the dollar to align with firmer short-term U.S. interest rates, notably the two-year USD swap rate, which has climbed back to 4.85%. This reflects a recal ...

Thursday, 30 May 2024
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Dollar steadies ahead of U.S. growth, inflation data

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|Date: Thursday, 30 May 2024
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Dollar steadies ahead of U.S. growth, inflation data

At 04:35 ET (08:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other curre ...

At 04:35 ET (08:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, slipped marginally lower to 104.940, having earlier reached the highest since May 14 at ...

Thursday, 30 May 2024
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Futures dip, Salesforce forecast falls short of estimates – what's moving markets

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|Date: Thursday, 30 May 2024
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Futures dip, Salesforce forecast falls short of estimates – what's moving markets

1. Futures lowerU.S. stock futures slipped on Thursday, pointing to an extension in losses logged in the ...

1. Futures lowerU.S. stock futures slipped on Thursday, pointing to an extension in losses logged in the prior session, as investors fretted about a spike in Treasury yields and the timing of potentia ...

Thursday, 30 May 2024
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As Europe struggles to cut debt, Sweden eyes more spending

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|Date: Thursday, 30 May 2024
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As Europe struggles to cut debt, Sweden eyes more spending

STOCKHOLM (Reuters) -While much of Europe faces tough choices about how to cut budgets to bring down soar ...

STOCKHOLM (Reuters) -While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has a more enviable dilemma: how to use its strong public finances to ...

Thursday, 30 May 2024
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Bitcoin price today: flat at $68k as inflation, rate jitters dent sentiment

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|Date: Thursday, 30 May 2024
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Bitcoin price today: flat at $68k as inflation, rate jitters dent sentiment

Easing concerns over a massive potential sell event by defunct exchange Mt Gox offered Bitcoin some relie ...

Easing concerns over a massive potential sell event by defunct exchange Mt Gox offered Bitcoin some relief. But this was countered by strength in the dollar, which rose to an over two-week high as ant ...

Thursday, 30 May 2024
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