Category Archives:
Market over-reacted to proposed lowering of fees for Chinese food delivery platforms – state media
BEIJING (Reuters) -China's state-run Economic Daily newspaper said on Wednesday the market had over-reacted to the government's guidance that food delivery platforms should lower service fees. The pol...
Feb 22, 2022
Stocks regroup as investors hold their breath on Ukraine
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks steadied on Wednesday and demand for safe-havens waned a little as investors regarded Russian troop movements near Ukraine and initial Western sanct...
Feb 22, 2022
Safe havens yen, franc retreat, kiwi jumps after RBNZ meeting
By Alun John HONG KONG (Reuters) - The dollar was on the front foot against the safe-haven Japanese yen and Swiss franc on Wednesday, as whipsawed markets looked to get a handle on the latest developm...
Feb 22, 2022
Oil pulls back on view western sanctions on Russia won’t choke supply
By Sonali Paul MELBOURNE (Reuters) - Oil prices took a breather on Wednesday after surging to seven-year highs in the previous session as it became clear the first wave of U.S. and European sanctions ...
Feb 22, 2022
Fundraising by Chinese private funds dives, slowing economy takes toll
SHANGHAI (Reuters) - Money raised by newly-launched private funds in China plunged 44% in January from a month earlier, latest official data showed, adding to evidence of rapidly-shrinking risk appeti...
Feb 22, 2022
New Zealand’s central bank delivers third consecutive hike, plans bond sales
By Praveen Menon WELLINGTON (Reuters) -New Zealand's central bank raised interest rates by 25 basis points on Wednesday, a third consecutive hike that brings borrowing costs to pre-pandemic levels, an...
Feb 22, 2022
Nigeria sues JP Morgan for $1.7 billion over oil deal
By Julia Payne LONDON (Reuters) - A London court will on Wednesday begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a disp...
Feb 22, 2022
Australian wages pick up in Q4, still not fast enough
By Wayne Cole SYDNEY (Reuters) -Australian wages picked up last quarter as a rapidly tightening labour market drove intense competition for workers, but annual growth was still short of levels that po...
Feb 22, 2022
Washington targets Russian debt in sanctions sweep
By Karin Strohecker and Megan Davies LONDON/NEW YORK (Reuters) - The U.S. government broadened restrictions on trading of Russian government debt on Tuesday in a bid to punish Moscow for ratcheting up...
Feb 22, 2022
K-pop sensation BTS to return to U.S. for in-person concerts
By Josh Smith SEOUL (Reuters) - South Korean boy band BTS will return to the United States for a series of concerts in Las Vegas in April, their agency said on Wednesday. The concerts, part of their "...
Feb 22, 2022
Peoria, IL, USA
48 °F Sunny
