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Philippine central bank to raise rates by 75 bps- Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) - The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat soaring inflation and limit weakening in the peso f...
Syndicated Content Nov 14, 2022
China industrial output, retail sales miss expectations in Oct
BEIJING (Reuters) - China's industrial output rose 5.0% in October from a year earlier, slowing from the 6.3% pace seen in September, official data showed on Tuesday, as COVID-19 restrictions weighed ...
Syndicated Content Nov 14, 2022
China’s property investment falls at a faster clip in Jan-Oct
BEIJING (Reuters) - China's property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. Property sale...
Syndicated Content Nov 14, 2022
FTX’s founder Bankman-Fried says he failed to see warning signs – NYT
(Reuters) - FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent shock waves throu...
Syndicated Content Nov 14, 2022
Oil prices slip on OPEC cut in demand forecast, China COVID cases
By Florence Tan SINGAPORE (Reuters) - Oil prices extended losses in early Asian trade on Tuesday after OPEC cut its 2022 global demand forecast, while rising COVID-19 case numbers in China clouded the...
Syndicated Content Nov 14, 2022
Bank Indonesia to deliver third straight 50 bps hike on Nov. 17- Reuters poll
By Anant Chandak BENGALURU (Reuters) - Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by Reuters, al...
Syndicated Content Nov 14, 2022
Trump, U.S. win dismissal of Michael Cohen lawsuit over alleged book retaliation
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday dismissed a lawsuit by Donald Trump's former lawyer and fixer Michael Cohen accusing Trump, former Attorney General William Barr and othe...
Syndicated Content Nov 14, 2022
China cbank partially rolls over medium-term policy loans, rate unchanged
SHANGHAI (Reuters) - China's central bank partially rolled over maturing medium-term policy loans while keeping the interest rates unchanged for a third straight month on Tuesday, largely matching mar...
Syndicated Content Nov 14, 2022
Dollar rebounds as Fed officials say hikes to continue; yen slumps
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. mo...
Syndicated Content Nov 14, 2022
TSMC shares jump after Berkshire Hathaway discloses big stake
TAIPEI (Reuters) - TSMC's Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett's Berkshire Hathaway Inc said it had bought more than $4.1 billion of stock in the Taiwanese semic...
Syndicated Content Nov 14, 2022
Peoria, IL, USA
73 °F Partly cloudy
