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NZ central bank hikes rates by 50bps, as expected, flags more to come
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further to ensure i...
Syndicated Content Feb 21, 2023
Dollar, sterling underpinned by upbeat PMI surveys; kiwi jumps
By Rae Wee SINGAPORE (Reuters) - The dollar and sterling were buoyant on Wednesday, after a surprise rebound in business activity in the United States and the UK raised the likelihood that their respe...
Syndicated Content Feb 21, 2023
Second reputed gang member pleads not guilty to murdering 6 in California
By Steve Gorman LOS ANGELES (Reuters) - The second of two reputed gang members jailed in the execution-style killings of six people in a central California farming town last month, including an infant...
Syndicated Content Feb 21, 2023
California pension fund asks to meet Norfolk Southern after Ohio derailment
By Isla Binnie and Simon Jessop NEW YORK (Reuters) - Major U.S. pension fund CalPERS is seeking a meeting with rail operator Norfolk Southern at which it plans to ask about the derailment of a train l...
Syndicated Content Feb 21, 2023
Australia wage growth picks up to 3.3%, short of forecasts
SYDNEY (Reuters) - Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in ...
Syndicated Content Feb 21, 2023
Toyota to accept full union demand for wage hike for third straight year, Asahi reports
TOKYO (Reuters) - Toyota Motor Corp, the world's biggest automaker, is set to accept the union's demand in full for a rise in wages and bonus payments for the third consecutive year, the Asahi newspap...
Syndicated Content Feb 21, 2023
Japan’s Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll
By Junko Fujita TOKYO (Reuters) - Japan's Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part of th...
Syndicated Content Feb 21, 2023
UK pay settlements hit 6%, highest since 1991: XpertHR
By Suban Abdulla LONDON (Reuters) - British employers offered the biggest annual pay rises in 32 years during the three months to the end of January, but these increases are still a long way behind do...
Syndicated Content Feb 21, 2023
Shipping industry grapples with ways to cut cargo fires at sea
LONDON (Reuters) - Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesd...
Syndicated Content Feb 21, 2023
South Korea launches panel on banks amid outcry over pay
SEOUL (Reuters) - South Korea launched a task force on Wednesday to study ways to improve business practices and pay schemes at banks, days after the country's president called on lenders to help curb...
Syndicated Content Feb 21, 2023
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