Category Archives:
Bullock takes the reins at Reserve Bank of Australia
By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) - Reserve Bank Deputy Governor Michele Bullock will take over from Governor Philip Lowe in September and has already flagged that leading t...
Jul 13, 2023
Australia No.3 bank reaches union deal that lets staff work from home
By Byron Kaye SYDNEY (Reuters) - National Australia Bank (NAB), the country's No.3 lender, reached a deal that lets employees work from home, a union representing staff said on Friday, one of the firs...
Jul 13, 2023
Dollar at 15-month low as easing inflation firms rate peak bets
By Ankur Banerjee SINGAPORE (Reuters) - The dollar hovered at 15-month lows on Friday after a steep dive overnight, as markets wagered the Federal Reserve was close to the end of its rate hike cycle d...
Jul 13, 2023
Mexico govt no longer interested in buying Citigroup’s local retail unit
By Valentine Hilaire MEXICO CITY (Reuters) -The Mexican government is no longer interested in purchasing Citigroup's local retail arm, known as Banamex, a government spokesperson said on Thursday, add...
Jul 13, 2023
Foxconn may partner with TSMC and TMH to set up fabrication units – ET
(Reuters) - Foxconn is in talks with Taiwan Semiconductor Manufacturing Co and Japan's TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, the Ec...
Jul 13, 2023
Australia’s central bank loses chief to public ire over rates
By Wayne Cole SYDNEY (Reuters) - The head of Australia's central bank suffered an early end to his 43-year career on Friday as past missteps in pandemic policy so tested public trust in the institutio...
Jul 13, 2023
Oil prices up on tighter supply, lower US inflation
By Katya Golubkova TOKYO (Reuters) - Oil prices rose on Friday on support from tighter supply amid issues in Libya and Nigeria and easing U.S. inflation, which markets hope may bring an end to interes...
Jul 13, 2023
US court refuses FTC request to pause Microsoft deal for Activision
WASHINGTON (Reuters) - A U.S. federal court rejected the Federal Trade Commission's request that it order Microsoft to temporarily hold off on closing its $69 billion purchase of "Call of Duty" maker ...
Jul 13, 2023
Instant View: Australia govt appoints Michele Bullock as next RBA governor
SINGAPORE (Reuters) - Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe's current seven-year term is...
Jul 13, 2023
Singapore’s economy grows slightly in Q2, averts recession
By Chen Lin SINGAPORE (Reuters) - Singapore's economy narrowly escaped a technical recession after posting modest growth in the April to June period, preliminary government data showed on Friday, as g...
Jul 13, 2023
Peoria, IL, USA
42 °F Partly cloudy
