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Asian stocks jump as strong China data revives reopening optimism
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks rebounded from a two-month low on Wednesday as data showing China's manufacturing activity in February expanded at the fastest pace in more than a d...
Syndicated Content Feb 28, 2023
Dollar advances, Aussie slides as Australia economy slows
By Rae Wee SINGAPORE (Reuters) - The dollar began the month on a strong footing as a higher-for-longer U.S. rates scenario took centre stage, while the Aussie slid after a raft of economic data pointe...
Syndicated Content Feb 28, 2023
Biden conditions for chip funding cause ‘heartburn,’ industry insiders say
By Stephen Nellis and Jane Lanhee Lee SAN FRANCISCO (Reuters) - As the Biden administration on Tuesday disclosed conditions for awarding $39 billion in subsidies to revamp U.S. semiconductor manufactu...
Syndicated Content Feb 28, 2023
Apple supplier Foxlink says working to resume production after India fire
TAIPEI (Reuters) - Taiwanese Apple Inc supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India. Foxlink, in a statement to the Taiwan s...
Syndicated Content Feb 28, 2023
Exclusive: Biden administration to move on Midwest E15 gasoline sales rule this week -sources
By Jarrett Renshaw and Stephanie Kelly (Reuters) - The Biden administration is expected on Wednesday to recommend for approval a rule that would allow expanded sales of gasoline with a higher ethanol ...
Syndicated Content Feb 28, 2023
Australian monthly consumer prices up less than expected in Jan
SYDNEY (Reuters) - A measure of Australian consumer prices rose by less than expected in January thanks to a drop in the cost of travel, clothing and fruit and vegetables, a promising sign inflation m...
Syndicated Content Feb 28, 2023
Australia economy slows in Q4 as headwinds mount
SYDNEY (Reuters) - Australia's economy grew at the weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a further slow...
Syndicated Content Feb 28, 2023
Biden urges US carriers to follow American Airlines on family seating
By David Shepardson WASHINGTON (Reuters) - President Joe Biden on Tuesday called on U.S. airlines to follow American Airlines in committing to eliminating family seating fees as part of their customer...
Syndicated Content Feb 28, 2023
Factbox-As Tesla prepares a Mexico plant, a look at auto plants in Mexico
(Reuters) - Mexico has long been a manufacturing hub in North America for multiple automakers, and the country is trying to position itself for the wave of electric vehicles (EVs) to come. The auto se...
Syndicated Content Feb 28, 2023
Japan factory activity shrinks the most in 2-1/2 years
TOKYO (Reuters) - Japan's factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies' struggles amid a global economic slowdown, raw mat...
Syndicated Content Feb 28, 2023
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