Source news

reuters News

20 stories
NEWS reuters

China's June factory activity rises to 50.3

China's factory activity returned to expansion in June, an official survey showed on Tuesday, driven by strong high-tech manufacturing exports linked to the AI boom, even as shipments of other goods remained weak alongside subdued domestic demand.The official purchasing managers' index (PMI) rose t…

Reuters en
Economy
NEWS reuters

China central bank injects 600 billion yuan through overnight reverse repos

China's central bank conducted overnight reverse repo operations again on Tuesday, offering 600 billion yuan ($88.3 billion) to financial institutions, it said in an online statement, without disclosing the borrowing cost.The People's Bank of China (PBOC) also said it injected 69.5 billion yuan thr…

Reuters en
Economy
NEWS reuters

JGB yields rise ahead of two-year auction as yen weakness weighs

By Rocky SwiftJapanese government bond (JGB) yields rose on Tuesday ahead of a sale of two-year notes, as inflation concerns and a soft yen weighed on sentiment.Here are a few details:• The benchmark 10-year JGB yield (JP10YTN=JBTC) rose 2 basis points (bps) to 2.650%. The 20-year yield (JP20YTN=JB…

Reuters en
Bonds

Grains tread water ahead of USDA stocks report

Chicago corn futures edged higher on Tuesday, while soybeans and wheat were nearly unchanged, as traders adjusted positions ahead of the U.S. Department of Agriculture's quarterly grain stocks report and monitored weather in the U.S. Midwest.FUNDAMENTALS* The most-active soybean contract on the Chi…

Reuters en
Futures