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China’s SMIC posts quarterly revenue surge but warns of some panic in chip sector
SHANGHAI (Reuters) - Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on Friday reported a 42% jump in second-quarter revenue but also said the sector was facing some "panic an...
Syndicated Content Aug 11, 2022
Malaysia central bank says investigation ongoing into potential data breach
KUALA LUMPUR (Reuters) - Malaysia's central bank on Friday said the nation's payment systems remain secure despite a potential data breach announced by payment gateway service provider iPay88 (M) Sdn....
Syndicated Content Aug 11, 2022
Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT
(Reuters) - Switzerland-based Glencore Plc and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing copper inventories in the port o...
Syndicated Content Aug 11, 2022
Japan PM Kishida pledges new steps to deal with rising fuel, food prices
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Friday he will instruct his government to come up with additional measures to cushion the economic blow from rising energy and food pric...
Syndicated Content Aug 11, 2022
China Tourism seeks $2.16 billion in Hong Kong’s biggest listing so far in 2022 – term sheet
By Scott Murdoch HONG KONG (Reuters) -China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in wh...
Syndicated Content Aug 11, 2022
S.Korea’s Yoon pardons Samsung leader Jay Y. Lee
SEOUL (Reuters) -South Korea's President Yoon Suk-yeol granted a pardon for Samsung Electronics Vice Chairman Jay Y. Lee to help overcome a "national economic crisis", South Korea's Justice Ministry s...
Syndicated Content Aug 11, 2022
New Zealand central bank to carry on with 50bps hike in August – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive...
Syndicated Content Aug 11, 2022
Japan’s yen bears brunt of market rethink on Fed
By Rae Wee and Vidya Ranganathan SINGAPORE (Reuters) - The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the...
Syndicated Content Aug 11, 2022
Oil prices on track for weekly gain as recession fears ease
By Sonali Paul MELBOURNE (Reuters) - Oil prices dipped in early trade on Friday amid uncertainty on the demand outlook based on contrasting views from OPEC and the International Energy Agency (IEA), b...
Syndicated Content Aug 11, 2022
Honduras’ cenbank expects inflation to reach 10.30% in 2022, up from previous estimate of 6.19%
TEGUCIGALPA (Reuters) - Honduras' central bank said in a publication on Thursday that it expects annual inflation for 2022 to reach 10.30% by the year's close, up from a previous estimate of 6.19% mad...
Syndicated Content Aug 11, 2022
Peoria, IL, USA
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