Category Archives:
Bank of Korea stands pat for fourth straight meeting
By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea's central bank on Thursday held interest rates steady for a fourth straight meeting, as expected, faced with softening but still high inflation...
Jul 12, 2023
McDonald’s China owners Carlyle, Trustar plan $4 billion exit – Bloomberg News
(Reuters) - Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald's Corp operations in Hong Kong and mainland Chin...
Jul 12, 2023
Marketmind: Markets buoyant as US inflation, dollar slide
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets could not be in better spirits going into the latest South Korean...
Jul 12, 2023
Oil prices rise in early trade as US inflation cools
By Laura Sanicola (Reuters) - Oil prices rose in early Asian trade on Thursday after U.S. inflation and economic data sparked hopes the Federal Reserve may have fewer interest rate hikes in store for ...
Jul 12, 2023
In wake of disasters, Chile animal shelter offers hope to wildlife
SANTIAGO (Reuters) - In the misty forests just outside of Chile's capital Santiago, a rescued puma stalks the leafy surroundings of the Refugio Animal Cascada, a shelter hoping to rehabilitate and hou...
Jul 12, 2023
West Peoria honors those who saved lives during the Edgewood Apartments fire
WEST PEORIA, Ill. – A number of people are being honored for saving lives during the fire several weeks ago in West Peoria that otherwise destroyed an apartment complex. Police, sheriffs deputie...
Jul 12, 2023
Exclusive-Shanghai Futures Exchange targets commodity storage outside China – sources
By Pratima Desai and Siyi Liu LONDON/BEIJING (Reuters) - The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing network outside China, and is examining systems and regul...
Jul 12, 2023
FTC to appeal judge’s decision to let Microsoft move ahead with Activision deal
WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Wednesday it was appealing a federal judge's ruling that Microsoft could go forward with its $69 billion purchase of "Call of Duty" make...
Jul 12, 2023
Elon Musk thinks China is interested in an international AI framework
By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from co...
Jul 12, 2023
IMAX proposes to take full control of China unit in $124 million deal
(Reuters) - Cinema operator IMAX said on Wednesday it has proposed to acquire full ownership of its Hong Kong-listed, China subsidiary in a deal valued at about $124 million. The acquisition of IMAX C...
Jul 12, 2023
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