Category Archives:
S.Korea parliament committee votes to curb Google, Apple commission dominance
SEOUL (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers com...
Aug 24, 2021
South Korea’s youth debt binge shows no sign of slowing as rate hike looms
By Cynthia Kim and Joori Roh SEOUL (Reuters) - When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow more money before ...
Aug 24, 2021
Stocks hold gains on easing Fed taper worries as Powell speech awaited
By Alun John HONG KONG (Reuters) - Asian shares held onto their recent gains on Wednesday after last week's pummelling, as global equities rebounded thanks to a combination of positive COVID-19 vaccin...
Aug 24, 2021
Oil falls in breather after two-day rally on supply issues
MELBOURNE (Reuters - Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter of Mexico's production and signs that China, the world's biggest im...
Aug 24, 2021
Two U.S. lawmakers travel to Kabul amid evacuation efforts
WASHINGTON (Reuters) - Two members of the U.S. House of Representatives traveled to Afghanistan on Tuesday, prompting a warning from House Speaker Nancy Pelosi, who said such trips could divert resour...
Aug 24, 2021
BOJ’s Nakamura warns of uncertainty on Japan’s economic recovery
TOKYO (Reuters) - Bank of Japan board member Toyoaki Nakamura said on Wednesday that the economy was headed for a recovery driven by robust global demand, but warned that the outlook was highly uncert...
Aug 24, 2021
China central bank increases short-term cash injection to meet month-end demand
SHANGHAI (Reuters) - China's central bank on Wednesday increased its short-term fund injection through open market operations to meet higher cash demand towards the month-end. The People's Bank of Chi...
Aug 24, 2021
Pipe producer Yonggao says may take action against China Evergrande over unpaid bills
SHANGHAI (Reuters) - Shenzhen-listed pipe producer Yonggao Co Ltd said on Wednesday that China Evergrande Group has not repaid some commercial bills on time, and that it could take action against the ...
Aug 24, 2021
Exclusive-U.S. approves licenses for Huawei to buy auto chips – sources
By Karen Freifeld (Reuters) - U.S. officials have approved license applications worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto c...
Aug 24, 2021
Dollar near one-week low as Delta fears ease before Jackson Hole
By Kevin Buckland TOKYO (Reuters) - The safe-haven dollar traded near a one-week low versus major peers on Wednesday as concerns eased that the highly contagious Delta coronavirus variant could derail...
Aug 24, 2021
Peoria, IL, USA
62 °F Light Rain With Thunderstorm, Mist
