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PRESS DIGEST- Financial Times - May 6
May 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- US coal producer Peadbody threatens to terminate deal with Anglo American- Eutelsat names new chief as Europe's Starlink rival seeks...Reuters
Tue, May 6
Chinese travellers spend 8% more over May Day holiday than a year ago
BEIJING, May 6 (Reuters) - Chinese travellers spent 180.27 billion yuan ($24.92 billion) during the May Day holiday, one of China's longest breaks, a rise of 8% from last year, government data showed on Tuesday.Spending over the five-day holiday, which ended on Monday, is an important marker of ...Reuters
Tue, May 6
Chinese tourists made 314 million domestic trips over May Day holiday
BEIJING, May 6 (Reuters) - Chinese tourists made 314 million domestic trips during the five-day "May Day" holiday, according to data from the culture and tourism ministry, an annual 6.4% increase. Domestic tourists spent 180 billion yuan ($24.88 billion) over the May 1-5 break, the Ministry ...Reuters
Tue, May 6
China's services growth hits 7-month low as tariffs bite, Caixin PMI shows
Caixin PMI shows slowest new business growth since December 2022U.S. tariffs impact business sentiment, hiring plansPolicymakers urged to act amid tariff standoff effects BEIJING, May 6 (Reuters) - China's services activity expanded at the slowest pace in seven months in April, with new order...Reuters
Tue, May 6
AUD/USD trades around 0.6450 after pulling back from five-month highs
AUD/USD is retreating from a five-month high of 0.6493 reached on Monday, slipping to around 0.6450 during the Asian session on Tuesday. The decline comes as the US Dollar (USD) strengthens ahead of the Federal Reserve’s (Fed) upcoming monetary policy decision on Wednesday.Fxstreet
Tue, May 6
Colombia central bank raises 2025 inflation prediction
BOGOTA, May 5 (Reuters) - Colombia's central bank raised its inflation prediction for this year to 4.4% from 4.1% in its monetary policy report on Monday, further above its inflation target of 3%. The report from the bank's technical team maintained the previous forecast for 2026 year-end in...Reuters
Tue, May 6
Mexican Peso slips ahead of Fed decision, inflation data in focus
The Mexican Peso (MXN) began the week with losses of around 0.58% against the US Dollar (USD) ahead of a crucial week with the Federal Reserve (Fed) preparing to host its monetary policy meeting on May 7 and the announcement of Mexican inflation figures.
Fxstreet
Mon, May 5
