Category Archives:
Mexico accepts U.S. request for labor probe into Panasonic
MEXICO CITY (Reuters) - Mexico's Economy Ministry has accepted a U.S. request to probe alleged labor abuses at a Panasonic auto parts plant in the northern border city of Reynosa, it said on Monday. T...
May 30, 2022
Stocks dip, bonds drop as German surprise renews inflation fears
SINGAPORE (Reuters) - Stocks wobbled and bonds fell in Asia, while the dollar rose on Tuesday after a hot inflation reading in Germany heightened nerves about the pace and scale of looming interest ra...
May 30, 2022
Macquarie Asset Management raises $4.2 billion for Asia-Pacific fund
(Reuters) - Macquarie Asset Management, a part of Australia's Macquarie Group Ltd, said on Tuesday it had raised $4.2 billion for its third fund dedicated towards Asia-Pacific regional infrastructure,...
May 30, 2022
Foxconn predicts more stable supply chain in the second half of 2022
TAIPEI (Reuters) - Apple supplier Foxconn said on Tuesday that the second half of the year is "developing in a better direction" as Shanghai's COVID-19 lockdowns appear to be easing. "We are quite con...
May 30, 2022
Euro edges down but set for largest monthly gain in a year
By Alun John HONG KONG (Reuters) - The euro gave back some of its recent gains on Tuesday, but was still set for its best month in a year as markets reposition in anticipation of interest rate increas...
May 30, 2022
Australia current account surplus shrinks, drags on GDP
SYDNEY (Reuters) - Australia's current account surplus shrank unexpectedly in the first quarter as companies paid out fatter dividends to offshore investors, while import volumes far outstripped expor...
May 30, 2022
China’s services sector activity contracts less sharply in May – official PMI
BEIJING (Reuters) - China's services activity shrank less sharply in May, an official survey showed on Tuesday, as COVID-19 restrictions in some cities were relaxed. The official non-manufacturing Pur...
May 30, 2022
China says its Jan-April non-financial outbound direct investment rises 4.5% y/y
BEIJING (Reuters) - China's non-financial outbound direct investment (ODI) in the first four months of the year rose 4.5% from a year earlier to $35.88 billion, the commerce ministry said on Monday. I...
May 30, 2022
Oil prices rise after EU bans most Russian oil imports
(Reuters) - Oil prices rose in early Asian trade on Tuesday after European Union leaders said they had agreed to cut 90% of oil imports from Russia by the end of this year. Brent crude futures for Jul...
May 30, 2022
Japan’s April factory output slumps in worrying sign for economy
By Daniel Leussink TOKYO (Reuters) - Japan's factories posted a sharp fall in output in April as China's COVID-19 lockdowns and wider supply disruptions took a heavy toll on manufacturers, clouding th...
May 30, 2022
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