Category Archives:
Dollar eyes third weekly gain on higher US rate expectations
By Rae Wee SINGAPORE (Reuters) - The dollar stood near a two-month high against its major peers on Friday and was headed for a third weekly gain on expectations that U.S. interest rates could remain h...
May 25, 2023
Hyundai Motor to build EV battery joint venture with LG Energy Solution
SEOUL (Reuters) - Hyundai Motor announced on Friday it plans to invest 1.43 trillion won ($1.1 billion) to build an electric battery joint venture with LG Energy Solution in North America. The joint v...
May 25, 2023
Australian retail sales flat in April, miss forecasts
SYDNEY (Reuters) - Australian retail sales were flat in April as consumers, in the face of high cost of living and rising interest rates, curbed spending on food and eating out. Data from the Australi...
May 25, 2023
Mississippi family seeks charges after officer shoots 11-year-old boy
(Reuters) - A Mississippi family on Thursday demanded a police officer be dismissed and charged with aggravated assault for shooting an 11-year-old boy when police responded to the child's own domesti...
May 25, 2023
Japan’s Suzuki says FX rates should be set by markets
TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday currency rates should be set by markets based on economic fundamentals, in the wake of the yen's renewed declines against the...
May 25, 2023
Oil steady as markets await clarity on OPEC’s next policy move
By Arathy Somasekhar (Reuters) - Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies' next oil policy moves after conflicting messages made ...
May 25, 2023
Latitude Group forecasts steep drop in 2023 earnings, shares tumble
(Reuters) -Australia's Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings due to higher credit losses and provisions associated with a recent cyber attack, sending its shares nearl...
May 25, 2023
Brazil’s Petrobras asks to resume process for well near Amazon mouth
SAO PAULO (Reuters) - Brazilian state-run oil firm Petrobras has asked to resume a licensing process for drilling a controversial well near the mouth of the Amazon river, the company's chief executive...
May 25, 2023
US raises concerns with China about actions against US companies
(Reuters) - U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese Minister of Commerce Wang Wentao during a meeting on Thursday...
May 25, 2023
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) - Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. lawmakers' negotiations to raise the government's debt cei...
May 25, 2023
Peoria, IL, USA
53 °F Sunny
