Category Archives:
Explainer-What would Japanese intervention to boost the weak yen look like?
By Leika Kihara TOKYO (Reuters) - Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects of higher-for-longer U.S. interest rates wh...
Oct 03, 2023
Oil rises on tightening crude supply
By Laura Sanicola (Reuters) - Oil rose in early Asian trade on Wednesday, supported by tightening global crude supply ahead of a panel meeting of OPEC+ ministers. Brent crude oil futures rose 6 cents ...
Oct 03, 2023
Japan service activity growth slows down in September – PMI
TOKYO (Reuters) - Japan's service activity in September expanded for the 13th month but at the slowest pace since the start of the year, a private survey showed, a worrying sign as the sector has been...
Oct 03, 2023
S.Korea factory activity shrinks again in Sept, mildest slump in 15 months – PMI
By Jihoon Lee SEOUL (Reuters) - South Korea's factory activity shrank in September at the mildest pace in 15 months, as the decline in output and orders softened, a private business survey showed on W...
Oct 03, 2023
US aid to Ukraine may hinge partly on who takes over as House speaker
By Patricia Zengerle WASHINGTON (Reuters) - Speaker Kevin McCarthy's ouster on Tuesday could signal a shift in the U.S. House of Representatives on aid to Ukraine, with some of his possible successors...
Oct 03, 2023
Yen cowers near 150 as intervention chatter runs rife
By Rae Wee SINGAPORE (Reuters) - The yen sat on the stronger side of 150 per dollar on Wednesday, after an unexpected surge in the previous session stoked speculation that Japanese authorities could h...
Oct 03, 2023
Japan’s top FX diplomat Kanda: Will take appropriate steps vs excessive yen moves
TOKYO (Reuters) - Japan's top currency diplomat Masato Kanda said on Wednesday authorities will take appropriate steps against excessive moves in the yen, without ruling out any options. One-sided, bi...
Oct 03, 2023
S.Korea Aug factory output posts biggest gain in over 3 years as chips jump
SEOUL (Reuters) - South Korea's factory output unexpectedly jumped in August by the fastest rate in more than three years, led by chip production, official data showed on Wednesday. The industrial out...
Oct 03, 2023
Explainer-What are the next steps as US House searches for new speaker?
WASHINGTON (Reuters) - The U.S. House of Representatives for the first time in its history has booted its speaker out of the job, as infighting in the narrow and bitterly divided Republican majority t...
Oct 03, 2023
Australia state swings from bush fires to flash flooding in 24 hours
SYDNEY (Reuters) - Less than 24 hours since residents in parts of Australia's Victoria state fled bush fires, state authorities are now warning of flooding as heavy rain douses flames and lifts rivers...
Oct 03, 2023
Peoria, IL, USA
43 °F Mist
