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Analysis-Asia’s southern flank shines in fight vs surging dollar
By Tom Westbrook and Rae Wee SINGAPORE (Reuters) - Asia's central banks, alarmed by the surging dollar's assault on their currencies, are ramping up their resistance with rate rises and market interve...
Syndicated Content Sep 08, 2022
European shares open higher ahead of ECB’s rate decision
(Reuters) - European stocks edged higher on Thursday ahead of what could be the European Central Bank's biggest-ever interest rate hike, with shares of miners and banks leading the gains. Markets are ...
Syndicated Content Sep 08, 2022
Germany’s IfW predicts recession, record inflation for 2023
BERLIN (Reuters) - Germany's IfW economic institute sharply lowered its forecast for the German economy next year, predicting that it would shrink due to high energy prices as a result of the Ukraine ...
Syndicated Content Sep 08, 2022
New Apple iPhone will be available in Russia, trade minister says
(Reuters) - Russians will have the chance to buy the new Apple iPhone 14 despite the U.S. tech company having left the country thanks to Moscow's parallel import scheme, a senior government official t...
Syndicated Content Sep 08, 2022
French prosecutors probe Philips respirator recall, France Info reports
PARIS (Reuters) - The Paris Prosecutor's Office has opened a preliminary investigation into a respiratory devices recall by Dutch medical device maker Philips, French media outlet France Info reported...
Syndicated Content Sep 08, 2022
Even with UN deal, Ukraine faces long haul to shift grain mountain
By Jonathan Saul, Nigel Hunt and Pavel Polityuk KYIV (Reuters) - Too few ships are arriving in Ukraine to quickly clear mountains of grain built up over months of war despite a U.N.-backed sea corrido...
Syndicated Content Sep 08, 2022
Goldman Sachs steepens U.S. rates outlook
SINGAPORE (Reuters) - Goldman Sachs expects a steeper path for U.S. rate rises and a 75 basis point hike this month, as Federal Reserve officials have been sounding hawkish recently, the investment ba...
Syndicated Content Sep 08, 2022
Toyota, Honda and Nissan decarbonisation efforts lagging, Greenpeace study says
TOKYO (Reuters) - Japanese automakers Toyota Motor Corp, Honda Motor Co and Nissan Motor CO ranked at the bottom of a new Greenpeace study on 10 automakers' efforts to tackle climate change, the envir...
Syndicated Content Sep 08, 2022
Citigroup hires three for China securities business – source
HONG KONG (Reuters) - Citigroup has hired three bankers for its planned China securities business, according to a person familiar with the matter. It hired Kenneth Koo as the firm's chief executive, R...
Syndicated Content Sep 08, 2022
U.S., Indo-Pacific countries launch new-generation trade talks shunning tariff cuts
By David Lawder (Reuters) - Economic ministers from the United States and 13 Indo-Pacific countries launch negotiations on Thursday on Washington's first major pan-Asian trade engagement effort in nea...
Syndicated Content Sep 08, 2022
Peoria, IL, USA
49 °F Partly cloudy
