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Thai banks urged to freeze rates even if cbank hikes policy rate-Finance Minister
BANGKOK (Reuters) - Thailand's commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister said on Wednesday. The Ban...
Syndicated Content Aug 10, 2022
Marketmind: Suspended in time
A look at the day ahead in markets from Anshuman Daga Are markets displaying signs of nervousness? Probably. Most asset classes show no big moves before Wednesday's release of U.S. CPI data. After las...
Syndicated Content Aug 10, 2022
U.S. coal plants delay closures in hurdle for clean energy transition
By Timothy Gardner SHEBOYGAN, Wisc. (Reuters) - Travel brochures in Sheboygan, Wisconsin, tout the town's beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave out a ...
Syndicated Content Aug 10, 2022
E.ON cuts value of Nord Stream 1 stake by more than half
FRANKFURT (Reuters) -E.ON, Europe's largest operator of energy networks, on Wednesday cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million), citing "h...
Syndicated Content Aug 10, 2022
U.S. consumer price growth expected to slow due to lower gasoline costs
By Lindsay Dunsmuir (Reuters) - U.S. consumer prices are expected to have risen at a much slower pace in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief f...
Syndicated Content Aug 10, 2022
Prudential half-year operating profit up 8% as sales recovered
By Selena Li HONG KONG (Reuters) -Prudential Plc's operating profit rose 8% in the first six months of 2022, the Asia-focused insurer said on Wednesday, as life insurance sales bounced back from a COV...
Syndicated Content Aug 09, 2022
Cathay Pacific narrows first-half loss as passenger numbers rise
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday a first-half loss of HK$5 billion ($637 million), narrowing from the prior year's HK$7.57 billion, as easing quarantine rules boo...
Syndicated Content Aug 09, 2022
China property developers’ woes cast shadow over management units
By Clare Jim and Xie Yu HONG KONG (Reuters) - China's real estate crisis is casting a darkening cloud over governance and financial prospects of once highly valued property management companies, trigg...
Syndicated Content Aug 09, 2022
Trump-backed Michels wins Republican nomination for Wisconsin governor, AP projects
(Reuters) - Construction company owner Tim Michels on Tuesday won the Republican nomination for Wisconsin's gubernatorial race after receiving the endorsement of former President Donald Trump, AP proj...
Syndicated Content Aug 09, 2022
Ex-workers at Malaysia’s Brightway sue Kimberly-Clark, Ansell over alleged labour abuse
KUALA LUMPUR (Reuters) - Migrant workers at Malaysian glove maker Brightway Holdings filed a lawsuit in the United States against Kimberly-Clark Corp and Ansell Ltd, accusing them of "knowingly profit...
Syndicated Content Aug 09, 2022
Peoria, IL, USA
44 °F Mist
