Category Archives:
StanChart trimming roles as part of cost cuts – Bloomberg News
(Reuters) - Standard Chartered is starting to lay off employees across its Singapore, London, and Hong Kong hubs as part of its existing plan to cut costs by more than $1 billion through 2024, Bloombe...
Jun 07, 2023
Dollar steady as traders consider Fed, global rates outlook
By Rae Wee SINGAPORE (Reuters) - The dollar was on the back foot on Thursday, though it drew some support from higher U.S. Treasury yields as traders contemplated the possibility of another rate hike ...
Jun 07, 2023
Hollywood actor becomes latest arrested in Jan 6 Capitol assault
LOS ANGELES (Reuters) - A Hollywood actor who has appeared on such TV shows as "Arrested Development" and the cartoon hit "Bob's Burgers," was arrested on Wednesday for his role in the U.S. Capitol ri...
Jun 07, 2023
TikTok seeks up to $20 billion in e-commerce business this year – Bloomberg News
(Reuters) - ByteDance Ltd's TikTok hopes to more than quadruple the size of its worldwide e-commerce operation to as much as $20 billion in merchandise sales this year, relying on growth in Southeast ...
Jun 07, 2023
Japan’s current account in black for third straight month
TOKYO (Reuters) - Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worri...
Jun 07, 2023
India central bank to hold rates, markets on guard for any shift in stance
By Swati Bhat MUMBAI (Reuters) - The Reserve Bank of India (RBI) is widely seen holding key rates steady on Thursday but commentary around the future trajectory of interest rates and banking system li...
Jun 07, 2023
Dollar’s strength here to stay; only a rate cut could dent it -FX strategists: Reuters poll
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) - The dollar's renewed strength against most major currencies will not fade away anytime soon, according to FX strategists polled by Reuter...
Jun 07, 2023
RBA to hike cash rate once more to 4.35% this year: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - The Reserve Bank of Australia (RBA) will hike its key interest rate once more by the end of September to 4.35% following a surprise hike on Tuesday and then h...
Jun 07, 2023
Key US auto safety official resigns to join Zoox
By David Shepardson WASHINGTON (Reuters) - The head of the U.S. auto safety agency's defects investigation office said on Wednesday he has left the agency to join Amazon.com's self-driving unit Zoox. ...
Jun 07, 2023
Japan upgrades Q1 GDP on solid capex
By Kantaro Komiya TOKYO (Reuters) - Japan's economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in corporate and consumer spending hel...
Jun 07, 2023
Peoria, IL, USA
43 °F Overcast
