Category Archives:
China keeps lending benchmark LPR unchanged for 17th straight month
SHANGHAI (Reuters) - China stood pat on its benchmark lending rate for corporate and household loans for the 17th straight month at its September fixing on Wednesday, matching market expectations. The...
Sep 21, 2021
Oil rises on big decline in U.S. crude stocks
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of tw...
Sep 21, 2021
Freshworks valued at $10.13 billion after raising $1.03 billion in U.S. IPO – source
By Echo Wang NEW YORK (Reuters) -Business software firm Freshworks, which counts Accel and Sequoia Capital among its major backers, on Tuesday priced its U.S. initial public offering (IPO) well above ...
Sep 21, 2021
Delta variant clouds developing Asia’s growth outlook – ADB
MANILA (Reuters) - Developing Asia's economic rebound this year could be dented by the rapid spread of the Delta coronavirus variant, the Asian Development Bank said on Wednesday, as it urged economie...
Sep 21, 2021
China’s high-tech push seeks to reassert global factory dominance
By Kevin Yao TIANJIN, China (Reuters) - At a factory in China's north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of r...
Sep 21, 2021
Asian trade tense in the shadow of Evergrande and the Fed
By Tom Westbrook SINGAPORE (Reuters) - Asian stock markets made a cautious start on Wednesday and the dollar held firm amid lingering nerves about the fallout from a looming failure at developer China...
Sep 21, 2021
Bill to fund U.S. government, lift debt limit gets enough votes to pass House
WASHINGTON (Reuters) - A Democratic bill to fund the U.S. government through Dec. 3 and suspend the nation's borrowing limit until the end of 2022 secured enough votes to pass the House of Representat...
Sep 21, 2021
Tom Hanks hails ‘magical art’ of movies at new LA film museum
LOS ANGELES (Reuters) - Actors Tom Hanks and Anna Kendrick on Tuesday hailed a new museum in Los Angeles dedicated to filmmaking, calling it a celebration of an art form that has made a global impact....
Sep 21, 2021
U.S. FDA lifts Japanese food imports restrictions- Japanese ministry
TOKYO (Reuters) - The U.S. Food and Drug Administration has lifted restrictions on Japanese food imports put in place following the Fukushima nuclear disaster, Japan's agriculture ministry said on Wed...
Sep 21, 2021
Australian buy-now-pay-later Zip enters India with $50 million investment
(Reuters) - Australian buy-now-pay-later firm Zip Co Ltd said on Wednesday it had agreed to invest $50 million to acquire a minority interest in Indian peer, ZestMoney, as part of its global expansion...
Sep 21, 2021
Peoria, IL, USA
62 °F Sunny
