Category Archives:
Fragile yen tests 1998 low, sterling cautiously steady
By Rae Wee SINGAPORE (Reuters) - The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of th...
Oct 12, 2022
Dish Network chairman-backed SPAC in talks to buy wireless business unit
(Reuters) - Blank-check firm CONX Corp, backed by Dish Network Corp Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish's retail wireless unit, Boost Mobile....
Oct 12, 2022
Japan wholesale prices rise the most in 5 months, put squeeze on corp profits
TOKYO (Reuters) - Japanese corporate goods prices grew the most in five months in September, Bank of Japan data showed on Thursday, highlighting the squeeze on business profits from persistently stron...
Oct 12, 2022
Australia’s Medibank reports cyber incident
(Reuters) - Australian health insurer Medibank Private said on Thursday it would isolate and remove access to some customer-facing systems as it detected unusual activity on its network. The company s...
Oct 12, 2022
Toshiba shares surge following report of $19 billion buyout bid
TOKYO (Reuters) - Shares in Toshiba Corp jumped about 9% in early trading on Thursday following a report that a domestic-led consortium is looking to buy the Japanese conglomerate for 2.8 trillion yen...
Oct 12, 2022
Oil prices shaky amid worsening demand outlook
By Laura Sanicola (Reuters) - Oil prices struggled to find their footing in early Asian trade on Thursday after a weakening global demand outlook depressed the market in the last session. U.S. crude f...
Oct 12, 2022
LatAm ministers call for finance tools to protect against climate disasters
(Reuters) - Finance ministers from across Latin America and the Caribbean on Wednesday called on the Inter-American Development Bank (IDB) to look at new finance tools to mitigate the economic shock o...
Oct 12, 2022
Carbon credit use could curb company climate action, warns UK advisers
By Susanna Twidale LONDON (Reuters) - The use of cheap carbon offsets by companies to meet net zero targets could curb their efforts to cut emissions and slow the delivery of climate goals, Britain's ...
Oct 12, 2022
Japan Inc strongly backs defence spending, many firms near limit on weak yen – Reuters poll
By Rocky Swift TOKYO (Reuters) - Japanese firms overwhelmingly support increasing defence spending amid heightened sabre-rattling in Asia, according to a Reuters monthly poll on Thursday, which also s...
Oct 12, 2022
UK house price growth slows to weakest since July 2020 – RICS
By William Schomberg LONDON (Reuters) - British house prices rose last month at their slowest pace since early in the coronavirus crisis and they look on course to fall as a surge in mortgage costs ad...
Oct 12, 2022
Peoria, IL, USA
50 °F Partly cloudy
