Category Archives:
Indonesia GDP growth beats forecast in Q2, fastest in a year
JAKARTA (Reuters) - Indonesia's economic growth accelerated in the April-June quarter amid an export boom driven by rising commodity prices, official data showed on Friday, but monetary tightening, ri...
Aug 04, 2022
Oil languishes on recession fears; unconcerned stocks climb on
By Alun John HONG KONG (Reuters) - Oil languished near its lowest since the start of the war in Ukraine on Friday on fears of a global recession, though stocks ignored such worries, gaining ahead of U...
Aug 04, 2022
Vision Fund slide points to more pain for SoftBank’s Son
By Sam Nussey TOKYO (Reuters) - Sliding valuations in the listed portfolio of SoftBank Group Corp's Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports April-June earnings...
Aug 04, 2022
July inflation could shock Argentina’s government – economy ministry source
(Reuters) - Inflation in July could be so high that it will "shock" Argentina's government, an economy ministry source told Reuters on Thursday, expecting high inflation in August as well. Former Cong...
Aug 04, 2022
Oil prices extend losses on demand worries
By Florence Tan SINGAPORE (Reuters) - Oil prices extended losses on Friday, after hitting their lowest since before Russia's February invasion of Ukraine in the previous session, as the market fretted...
Aug 04, 2022
Australia’s central bank warns economy to slow sharply as inflation soars
By Wayne Cole SYDNEY, Aug 5 (Reuters) - Australia's central bank on Friday warned inflation was heading to three-decade highs requiring further hikes in interest rates that would slow growth sharply, ...
Aug 04, 2022
Sen. Sinema agrees to ‘move forward’ on Democrats’ energy, drugs bill
WASHINGTON (Reuters) - U.S. Senator Kyrsten Sinema said in a statement on Thursday night she has agreed to "move forward" on Democrats' climate, tax and healthcare legislation. (Reporting by Scott Mal...
Aug 04, 2022
Dollar on backfoot ahead of key U.S. jobs data
By Rae Wee SINGAPORE (Reuters) - The dollar struggled to gain a footing on Friday after falling by its sharpest pace in two weeks, as investors remained on tenterhooks ahead of the widely anticipated ...
Aug 04, 2022
China’s Innovent Biologics secures over $300 million investment from Sanofi
(Reuters) - Innovent Biologics Inc said on Friday Paris-based Sanofi SA would invest HK$2.42 billion ($307.88 million) in the biopharmaceutical group to jointly develop two cancer drugs in China. The ...
Aug 04, 2022
Australian miner European Lithium to supply battery-grade lithium to BMW
(Reuters) - Australia's European Lithium Ltd said on Friday it has signed an agreement with German automobile maker BMW AG to supply battery-grade lithium hydroxide, as companies look to shift towards...
Aug 04, 2022
Peoria, IL, USA
50 °F Sunny
