Category Archives:
Analysis-Colombia’s first leftist president targets inequality, leaves investors on edge
By Julia Symmes Cobb and Oliver Griffin BOGOTA (Reuters) - The election of Colombia's first leftist president, Gustavo Petro, is indicative of widespread yearning for a more equal and inclusive societ...
Jun 20, 2022
Top three Aussie miners to shed $11 billion in market value as commodity rout accelerates
By Shashwat Awasthi (Reuters) - Australia's big three miners were on track to lose more than A$16 billion ($11.12 billion) in combined market value on Monday at current levels, as a commodities sellof...
Jun 19, 2022
Crypto industry gripped by anxiety as bitcoin wobbles near key $20,000 level
By Alun John HONG KONG (Reuters) - The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not c...
Jun 19, 2022
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
By Chen Aizhu SINGAPORE (Reuters) -China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on ...
Jun 19, 2022
NetEase delays Diablo Immortal’s China launch, shares tumble
By Josh Ye HONG KONG (Reuters) - Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch, a move that comes just after ...
Jun 19, 2022
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
By Kevin Buckland TOKYO (Reuters) - The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in a week of massive central b...
Jun 19, 2022
China keeps benchmark lending rates unchanged as expected in June
SHANGHAI (Reuters) - China kept its benchmark lending rates for corporate and household loans steady at its June fixing on Monday, matching market expectations. The one-year loan prime rate (LPR) was ...
Jun 19, 2022
Oil wobbly after near 6% slump on economic concerns
By Florence Tan SINGAPORE (Reuters) - Oil prices wobbled early on Monday as investors refocused on tight supplies, though sentiment was still fragile after 6% slump in the previous session amid concer...
Jun 19, 2022
South Korea’s LG Chem plans to build hydrogen plant to cut carbon emissions
SEOUL (Reuters) - South Korea's LG Chem Ltd said on Monday it planned to build a hydrogen plant in South Korea to produce 50,000 tonnes of hydrogen annually by the second quarter of 2024, in a bid to ...
Jun 19, 2022
IMF delegation visits crisis-hit Sri Lanka with time running out
By Uditha Jayasinghe and Karin Strohecker COLOMBO/LONDON (Reuters) - An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a ...
Jun 19, 2022
Peoria, IL, USA
44 °F Overcast
