Category Archives:
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
By Savyata Mishra (Reuters) - Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China's reopening, a Reuters poll found, while bearish po...
Dec 01, 2022
Swiss inflation steady at 3.0% in November as expected
ZURICH (Reuters) - Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank's 0-2% target range for the 10th month in a row, data showed on Thursday. E...
Dec 01, 2022
Tesla to recall 435,000 China-made Model 3, Model Y cars in China -regulator
SHANGHAI (Reuters) - Tesla will recall a total of 435,132 units of China-made Model 3 and Model Y cars in China due to software faults, the country's market regulator said on Thursday. The U.S. automa...
Dec 01, 2022
Defiant pound sees biggest monthly rise since 2020 – but still trails most peers
By Harry Robertson LONDON (Reuters) - The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by peers such as the ye...
Dec 01, 2022
Exclusive-U.S. Chamber of Commerce warns against draft EU plan to exclude non-EU cloud vendors
By Foo Yun Chee BRUSSELS (Reuters) - The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon, Alphabet unit Google, Micr...
Dec 01, 2022
Analysis-Retailers turn to robots in cost inflation fight
By James Davey LONDON (Reuters) - At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of ret...
Dec 01, 2022
China’s lithium newcomer Zijin eyes rich returns from battery demand
By Siyi Liu and Dominique Patton BEIJING (Reuters) - The head of China's Zijin Mining Group Co Ltd said lithium prices now at record levels could halve by end-2025, telling the Reuters NEXT conference...
Dec 01, 2022
STMicro, Soitec deepen cooperation over fast-growing semiconductor material
By Mathieu Rosemain PARIS (Reuters) - French semiconductor materials supplier Soitec and chipmaker STMicroelectronics said on Thursday they were deepening their cooperation over the manufacturing of a...
Dec 01, 2022
J.P. Morgan private bank invests in two Swiss fintechs
ZURICH (Reuters) - J.P. Morgan Private Bank has invested in two Swiss fintech companies that specialise in software that helps advisers customise portfolios for wealthy clients in Europe, the Middle E...
Dec 01, 2022
Analysis-China central bank to offer limited, targeted growth support, no bazooka
By Kevin Yao BEIJING (Reuters) - China's $17 trillion economy is headed for one of its worst showings this year in almost half a century, but its central bank has limited options in its armoury for pr...
Dec 01, 2022
Peoria, IL, USA
58 °F Patchy rain nearby
