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SoftBank CDS costs rise to two-year high as holdings slump
By Sam Nussey TOKYO (Reuters) - The cost of insuring against a default in SoftBank Group Corp's debt rose to hit the highest in two years and its bond yield also climbed as the slumping value of the J...
Syndicated Content Mar 15, 2022
Poland, Sweden, Estonia, Malta block EU minimum corporate tax deal
PARIS (Reuters) - Poland, Sweden, Estonia and Malta blocked on Tuesday a French-proposed compromise on how to implement minimum corporate tax across the European Union, dealing a blow to the global ov...
Syndicated Content Mar 15, 2022
Dollar near 5-year peak to yen before Fed; Aussie weak amid China risks
By Kevin Buckland TOKYO (Reuters) - The dollar traded near a five-year high against the yen on Wednesday as investors awaited a Federal Reserve policy decision, with the Ukraine war and China's surgin...
Syndicated Content Mar 15, 2022
Asian shares up ahead of Fed meeting as China rebounds
By Andrew Galbraith SHANGHAI (Reuters) - Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S. Federal Reserve, while oil pri...
Syndicated Content Mar 15, 2022
Oil prices climb as Russia-Ukraine ceasefire talks stoke volatile trading
BEIJING (Reuters) - Oil prices rose early on Wednesday, bouncing back after earlier falling more than $1 a barrel, as Russia's invasion of Ukraine continues to dominate volatile trading with ceasefire...
Syndicated Content Mar 15, 2022
Chinese EV maker BYD raises prices citing jump in raw materials costs
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker BYD Co Ltd late on Tuesday said it would raise prices on its cars by 3,000-6,000 yuan ($471-942), citing the rising cost of raw materials. The ...
Syndicated Content Mar 15, 2022
Caution reigns as nickel trading resumes in London
By Pratima Desai LONDON (Reuters) - Nickel trading on the London Metal Exchange (LME) resumes on Wednesday with limits on price movements to prevent disorderly trading after wild swings triggered a ra...
Syndicated Content Mar 15, 2022
Pandemic sends 4.7 million more people into extreme poverty in SE Asia – ADB
MANILA (Reuters) - The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said on Wednesda...
Syndicated Content Mar 15, 2022
Sanctions-savaged Russia teeters on brink of historic default
By Marc Jones LONDON (Reuters) - The economic cost of Russia's assault on Ukraine was fully exposed on Wednesday as Vladimir Putin's sanctions-ravaged government teetered on the brink of its first int...
Syndicated Content Mar 15, 2022
Philippine designer fashions gowns out of recycled trash
By ADRIAN PORTUGAL CAINTA, Philippines, March 15 (Reuters) - Lenora Buenviaje has been making dresses out of waste materials for the past seven years and says wearing clothes made from such items as r...
Syndicated Content Mar 15, 2022
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