Category Archives:
U.S. to add over 30 Chinese companies to trade blacklist -Bloomberg News
(Reuters) - The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain Am...
Dec 13, 2022
New Zealand forecasts recession next year but a narrower budget deficit
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) - New Zealand's government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target to move into s...
Dec 13, 2022
In sweltering Bahamas courtroom, Bankman-Fried fights incarceration
By Jared Higgs and Brian Ellsworth NASSAU (Reuters) - Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried's first in-person public appearance since his crypto compa...
Dec 13, 2022
Lawsuit accuses Meta of enabling hateful posts in Ethiopia conflict
By Katie Paul (Reuters) - A new lawsuit has accused Meta Platforms of enabling violent and hateful posts from Ethiopia to flourish on Facebook, inflaming the country's bloody civil war. The lawsuit, f...
Dec 13, 2022
Uncertain conditions await Bankman-Fried at Bahamas detention center
By Jasper Ward and Brian Ellsworth (Reuters) - Prisoners faced rodents and a lack of toilets in the Bahamas detention center where Sam Bankman-Fried will be held, according to a 2021 U.S. State Depart...
Dec 13, 2022
Thai rate hikes to be gradual and measured – central bank minutes
(Corrects to add central bank as source of forecast in paragraph 6) BANGKOK (Reuters) -Thailand's rate committee raised its key interest rate late last month and said further monetary tightening will ...
Dec 13, 2022
Stocks welcome U.S. inflation relief, but wary of Fed
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks rose on Wednesday, bonds were firm and the dollar nursed losses after data showed U.S. consumer prices barely rose in November, stoking hopes that i...
Dec 13, 2022
Oil prices slip on surprise build in U.S. crude stocks
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell in early trade on Wednesday after industry data showed a big build in U.S. crude inventories, rather than the decline forecast by analysts, reinfor...
Dec 13, 2022
Dollar weak after soft U.S inflation data, focus switches to Fed
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar struggled to gain foothold on Wednesday after a sharp dive overnight on cooler-than-expected inflation data which fuelled expectations that the ...
Dec 13, 2022
Trade panel decision on auto rules dispute to come mid-January, Mexico says
MEXICO CITY (Reuters) - A trade panel's decision under a regional trade pact regarding content requirements for the automotive sector will be published after Jan. 15, Mexico's economy ministry said on...
Dec 13, 2022
Peoria, IL, USA
38 °F Partly cloudy
