Category Archives:
Analysis-As U.S. Treasuries tumble, some investors say turning point is near
By Davide Barbuscia NEW YORK (Reuters) - Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness from a Federal Reserve bent on taming the wor...
Oct 21, 2022
Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
By Paul Lienert (Reuters) - The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw ma...
Oct 20, 2022
Walmart-backed PhonePe in talks to raise funds at $12 billion valuation- Moneycontrol
BENGALURU (Reuters) - Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12 billion, financial news website Moneycontrol reported on ...
Oct 20, 2022
Explainer-Yen is past key 150 threshold. What’s next?
By Leika Kihara TOKYO (Reuters) - The yen tumbled past the key psychological level of 150 to the dollar for the first time since 1990, defying Japanese policymakers' repeated threats of intervention t...
Oct 20, 2022
Instacart pulls IPO on volatile market conditions – sources
By Anirban Sen and Krystal Hu (Reuters) - Grocery delivery app Instacart is likely to postpone its plans to go public in 2022 amid market uncertainty that has left investors worried about growing vola...
Oct 20, 2022
Exclusive-China’s CATL slows battery investment plan for U.S., Mexico-sources
(Reuters) - Chinese battery giant CATL has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, t...
Oct 20, 2022
BOJ, battling rising yields, will conduct emergency bond buying for 2nd day
By Junko Fujita TOKYO (Reuters) -The Bank of Japan said on Friday it would conduct emergency bond buying operations for a second day, as the 20-year government bond yield rose to a new high in a furth...
Oct 20, 2022
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’
By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were dealing with currency speculators "strictly", as an extended sel...
Oct 20, 2022
Former UCLA gynecologist found guilty on 5 counts of sex abuse
By Steve Gorman LOS ANGELES (Reuters) - An obstetrician-gynecologist formerly employed by the University of California, Los Angeles (UCLA) was found guilty on Thursday of five felony counts of sexuall...
Oct 20, 2022
Asian shares lower, yields rise on aggressive rate hike jitters
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares tracked Wall Street lower on Friday while Treasury yields scaled 14-year highs as the prospect of aggressive interest rate hikes from the Federal R...
Oct 20, 2022
Peoria, IL, USA
75 °F Partly cloudy
