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As Indonesia pushes EV dream, car shoppers stay cautious
By Johan Purnomo and Stefanno Sulaiman TANGERANG, Indonesia (Reuters) - Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in ...
Syndicated Content Aug 20, 2023
China takes the slow road on stimulus
(Corrects to remove extraneous word in second sentence) (Reuters) -A look at the day ahead in European and global markets from Wayne Cole. Another day, another disappointment from China. This time Chi...
Syndicated Content Aug 20, 2023
Citi considers plan to split Institutional Clients Group in overhaul- FT
(Reuters) -Citigroup CEO Jane Fraser is considering a plan to disband the bank's biggest division, the Financial Times reported on Monday. The plan would split the Institutional Clients Group into its...
Syndicated Content Aug 20, 2023
Analysis-China LNG buyers expand trading after adding more US, Qatari contracts
By Chen Aizhu, Emily Chow and Marwa Rashad SINGAPORE/LONDON (Reuters) - China's liquefied natural (LNG) gas importers are starting up or expanding trading desks in London and Singapore to better manag...
Syndicated Content Aug 20, 2023
US Atlantic hurricane activity picks up with five systems on watch
(Reuters) - Tropical Storm Franklin over the eastern Caribbean and a disturbance in the Gulf of Mexico are expected to strengthen over the next two days as U.S. forecasters monitor three other weather...
Syndicated Content Aug 20, 2023
Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
By Himanshi Akhand and John Biju (Reuters) - Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook on consumer behaviour wit...
Syndicated Content Aug 20, 2023
Tropical Storm Emily weakens slightly, US NHC says
(Reuters) - Tropical Storm Emily has weakened slightly, the U.S. National Hurricane Center (NHC) said in an advisory late on Sunday, adding that it could become a post-tropical cyclone in about 36 hou...
Syndicated Content Aug 20, 2023
Thai Q2 GDP grows below forecast at 1.8%, outlook trimmed
BANGKOK (Reuters) - Thailand's economy expanded slower than expected in the second quarter, data showed on Monday, with strength in tourism helping to counter weaker exports amid a slowdown in global ...
Syndicated Content Aug 20, 2023
China cuts 1-year lending benchmark but keeps 5-year unchanged
SHANGHAI (Reuters) - China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-...
Syndicated Content Aug 20, 2023
Oil prices flat as rates anxiety, China gloom offset tighter supply
By Florence Tan SINGAPORE (Reuters) - Oil prices were steady on Monday with Brent staying above $80 a barrel, as investors balanced tightening supply driven by OPEC+ cuts with nagging concerns about g...
Syndicated Content Aug 20, 2023
Peoria, IL, USA
62 °F Partly cloudy
