Notizia

(Reuters) -Synopsys on Wednesday named 25-year veteran Sassine Ghazi as its CEO and president, succeeding Aart de Geus who will move to the role of executive chair at the chip design software firm.

Synopsys said on Wednesday Sassine Ghazi will join as president and chief executive from Jan. 1 next year, taking over from CEO Aart de Geus who will move to the role of executive chair of board of directors.

The White House, pressed on Wednesday about recent Chinese growth, said there were issues with the transparency of economic data issued by Beijing.

U.S. single-family homebuilding surged in July and permits for future construction rose amid an acute shortage of previously owned houses, but mortgage rates climbing back to near two-decade highs could slow the housing market improvement.

WASHINGTON (Reuters) -U.S. single-family homebuilding surged in July amid an acute shortage of previously owned houses, but mortgage rates climbing back to near two-decade highs could stifle growth in new construction.

Deflationary pressures in China could spill over into global markets, near-term good news for Western central banks as they seek to curb inflation, U.S. asset manager PIMCO said.

U.S. single-family homebuilding surged in July amid an acute shortage of previously owned houses, but mortgage rates climbing back to near two-decade highs could stifle demand for new construction.

Embattled property developer China Evergrande Group on Wednesday resolved to delay its meetings for the Hong Kong CEG class A and class C holders of debt to provide them more time to consider its fresh restructuring plan.

BEIJING/HONG KONG (Reuters) -Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.