Category Archives:
Singapore cenbank tightens monetary policy in off cycle move
SINGAPORE (Reuters) - Singapore's central bank tightened its monetary policy on Thursday, in an off cycle move, saying the action will slow the inflation momentum as the city state ramps up its battle...
Jul 13, 2022
Crypto lender Celsius files for bankruptcy
(Reuters) -Crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim of a dramatic plunge in prices that has shaken the cryptocurrency sector. The U.S. co...
Jul 13, 2022
IMF reaches staff-level agreement to release $1.17 billion in funds for Pakistan
NUSA DUA, Indonesia (Reuters) - The International Monetary Fund on Thursday said it had reached a staff-level agreement with Pakistan that would pave the way for disbursement of $1.17 billion, if appr...
Jul 13, 2022
Singapore Q2 GDP rises 4.8% y/y, missing forecasts
SINGAPORE (Reuters) - Singapore's economy grew 4.8% in the second quarter, missing forecasts, preliminary data showed on Thursday. Economists polled by Reuters had expected an increase of 5.2% year-on...
Jul 13, 2022
Google’s cloud unit taps Arm-based chips, adding to Intel, AMD pressure
By Stephen Nellis (Reuters) - Alphabet Inc's Google Cloud unit on Wednesday said it will start adopting computing chips based on technology from Arm Ltd, making it the latest company to join a transit...
Jul 13, 2022
Australia’s Lake Resources refutes short seller’s lithium tech allegations
(Reuters) - Australian lithium developer Lake Resources NL said on Thursday short seller J Capital Research's report criticising partner Lilac Solutions Inc's extraction technology had "inaccurate ass...
Jul 13, 2022
Brazil Congress approves major spending bill, lifting Bolsonaro re-election hopes
BRASILIA (Reuters) - Brazil's Congress on Wednesday approved a major spending package that President Jair Bolsonaro is banking on to lift his flagging re-election hopes, despite expectations it will f...
Jul 13, 2022
EU slashes euro zone growth outlook, expects higher inflation -Bloomberg News
(Reuters) - The European Commission has predicted record levels of inflation and slashed its GDP forecast for 2022 and 2023 as a result of Russia's invasion of Ukraine, crimped demand due to surging p...
Jul 13, 2022
Buffett’s Berkshire owns 19.2% of Occidental Petroleum after new purchases
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc, run by billionaire Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% sta...
Jul 13, 2022
Cryptocurrency lender Celsius prepares to file for bankruptcy – CNBC
(Reuters) - Cryptocurrency lender Celsius Network is in the process of filing for Chapter 11 bankruptcy, CNBC reported on Wednesday, citing a source familiar with the discussions. The company's lawyer...
Jul 13, 2022
Peoria, IL, USA
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