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China’s May new home prices fall for second month
By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's May new home prices fell for the second month this year, official data showed on Thursday, depressed by still fragile demand as widespread COV...
Syndicated Content Jun 15, 2022
South Korean president promises deregulation, reforms
SEOUL (Reuters) - South Korean President Yoon Suk-yeol promised on Thursday to remove outdated regulations hindering new businesses while calling for an immediate start to reforming labour practices, ...
Syndicated Content Jun 15, 2022
Global port congestion, high shipping rates to last into 2023 – execs
By Jeslyn Lerh SINGAPORE (Reuters) - Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers...
Syndicated Content Jun 15, 2022
Asian shares up after Fed lifts rates to tame inflation
By Andrew Galbraith SHANGHAI (Reuters) - Asian stocks rose on Thursday, while longer-dated U.S. government bond yields fell and the dollar was down from two-decade highs after the U.S. Federal Reserve...
Syndicated Content Jun 15, 2022
Oil rebounds after steep drop, underpinned by tight supplies
SINGAPORE (Reuters) - Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption, after a U.S. rate hike sparked fears of slo...
Syndicated Content Jun 15, 2022
Nasdaq-listed 26 Capital to pursue $2.5 billion SPAC deal with Manila casino
By Neil Jerome Morales MANILA (Reuters) - The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrate...
Syndicated Content Jun 15, 2022
Australian employment jumps in May as labour market tightens
By Wayne Cole SYDNEY (Reuters) - Australian employment rebounded strongly in May while the jobless rate held at 50-year lows as more people went looking for work, an encouraging sign the economy can w...
Syndicated Content Jun 15, 2022
Bubs Australia shares surge on infant formula supply deal with Walmart
(Reuters) - Shares of Bubs Australia jumped on Thursday after the company signed a deal to supply its infant formula products to U.S. retail giant Walmart amid a baby food shortage in the world's larg...
Syndicated Content Jun 15, 2022
Workers at Canadian National Railway threaten to strike
(Reuters) - Canadian National Railway Co said on Wednesday a union representing about 750 workers in the country could potentially go on a strike on June 18. The company said that it had received a st...
Syndicated Content Jun 15, 2022
U.S. SEC seeks data from index providers over role in investment decisions
(Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday requested information on the activities of financial information providers amid growing concerns over their influence on inve...
Syndicated Content Jun 15, 2022
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