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Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT
(Reuters) - Switzerland-based Glencore Plc and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing copper inventories in the port o...
Syndicated Content Aug 11, 2022
Japan PM Kishida pledges new steps to deal with rising fuel, food prices
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Friday he will instruct his government to come up with additional measures to cushion the economic blow from rising energy and food pric...
Syndicated Content Aug 11, 2022
China Tourism seeks $2.16 billion in Hong Kong’s biggest listing so far in 2022 – term sheet
By Scott Murdoch HONG KONG (Reuters) -China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in wh...
Syndicated Content Aug 11, 2022
S.Korea’s Yoon pardons Samsung leader Jay Y. Lee
SEOUL (Reuters) -South Korea's President Yoon Suk-yeol granted a pardon for Samsung Electronics Vice Chairman Jay Y. Lee to help overcome a "national economic crisis", South Korea's Justice Ministry s...
Syndicated Content Aug 11, 2022
New Zealand central bank to carry on with 50bps hike in August – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive...
Syndicated Content Aug 11, 2022
Japan’s yen bears brunt of market rethink on Fed
By Rae Wee and Vidya Ranganathan SINGAPORE (Reuters) - The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the...
Syndicated Content Aug 11, 2022
Oil prices on track for weekly gain as recession fears ease
By Sonali Paul MELBOURNE (Reuters) - Oil prices dipped in early trade on Friday amid uncertainty on the demand outlook based on contrasting views from OPEC and the International Energy Agency (IEA), b...
Syndicated Content Aug 11, 2022
Honduras’ cenbank expects inflation to reach 10.30% in 2022, up from previous estimate of 6.19%
TEGUCIGALPA (Reuters) - Honduras' central bank said in a publication on Thursday that it expects annual inflation for 2022 to reach 10.30% by the year's close, up from a previous estimate of 6.19% mad...
Syndicated Content Aug 11, 2022
Thailand’s tourism-reliant economy likely gathered pace in Q2 – Reuters poll
By Anant Chandak BENGALURU (Reuters) - Thailand's economy likely grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic curbs eased, but the high cost of living and a...
Syndicated Content Aug 11, 2022
Argentina hikes interest rate again as inflation hits 20-year high
By Walter Bianchi BUENOS AIRES (Reuters) - Argentina's central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid on spiraling inflation tha...
Syndicated Content Aug 11, 2022
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