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HKMA chief says expects overnight interbank rate to rise at much faster pace
HONG KONG (Reuters) - Hong Kong Monetary Authority (HKMA) chief Eddie Yue said on Thursday he expects the city's overnight and one-month interbank rate to continue to rise, but at a much faster pace. ...
Jul 27, 2022
Netflix experiences streaming issues on all devices
(Reuters) - Netflix Inc said on Wednesday it is currently experiencing issues with streaming on all devices. There were around 1,300 incidents of people reporting issues with Netflix, as of 0051 GMT, ...
Jul 27, 2022
Dollar near 3-week low as Fed’s Powell less hawkish than feared
By Kevin Buckland and Rae Wee TOKYO (Reuters) - The U.S. dollar languished near a three-week low to major peers on Thursday after Federal Reserve Chair Jerome Powell assuaged trader worries about cont...
Jul 27, 2022
Senate Democratic deal includes new EV tax credits
WASHINGTON (Reuters) - A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and new tax credits and grants for automakers to retool factories to build greener cars. The...
Jul 27, 2022
Asia shares, bonds find some relief in Fed messaging
By Wayne Cole SYDNEY (Reuters) - Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes, lowering bond yields and restraining the dollar. ...
Jul 27, 2022
Oil prices edge up on low inventories, high gasoline demand in U.S
By Arathy Somasekhar SINGAPORE (Reuters) - Oil prices edged up on Thursday, extending gains from the previous session, buoyed by lower crude inventories and higher gasoline demand in the United States...
Jul 27, 2022
Samsung Elec Q2 profit up 12% on server chip demand
SEOUL (Reuters) - Samsung Electronics Co Ltd reported a 12% rise in April-June profit on Thursday, as robust data centre demand for high-margin memory chips underpinned prices. Operating profit rose t...
Jul 27, 2022
El Salvador says it has $560 million for partial debt buyback
By Nelson Renteria SAN SALVADOR (Reuters) - El Salvador will dedicate $560 million in funds to a surprise bond buyback plan, its finance minister said on Wednesday, as the impoverished country looks t...
Jul 27, 2022
Judge temporarily blocks North Dakota’s ‘trigger’ ban on abortions
(Reuters) - A North Dakota judge on Wednesday blocked enforcement of the state's "trigger" ban on abortions, allowing the lone abortion provider in the state to resume services after the U.S. Supreme ...
Jul 27, 2022
Hong Kong central bank raises interest rate after Fed hike
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Re...
Jul 27, 2022
Peoria, IL, USA
53 °F Sunny
