Category Archives:
Thai headline inflation to remain high through 2022 – central bank minutes
BANGKOK (Reuters) - Thailand's rate committee raised its key interest rate late last month and noted that headline inflation was set to remain high through 2022, minutes of the meeting showed on Wedne...
Oct 11, 2022
Dollar at 24-year peak to yen as U.S. yields jump; sterling on the ropes
By Kevin Buckland TOKYO (Reuters) - The dollar rose to a fresh 24-year high against the yen on Wednesday, moving above levels that prompted intervention by Japanese officials last month, as traders br...
Oct 11, 2022
Syngenta Group launches 3.5-year U.S. dollar bonds – term sheet
(Reuters) - The Swiss agrichemicals and seeds group Syngenta Group launched 3.5-year U.S. dollar bonds at U.S. Treasuries plus 125 basis point price guidance, according to a term sheet seen by Reuters...
Oct 11, 2022
If there is a recession, it will be “very slight,” Biden says
(Reuters) - U.S. President Joe Biden said in an interview released on Tuesday that he did not think there would be a recession, but that if it happened it would only be "very slight." "I don't think t...
Oct 11, 2022
U.S. gives reprieve to at least two non-Chinese chipmakers in China from export curbs – sources
(Reuters) - The U.S. government on Tuesday allowed at least two non-Chinese chipmakers operating in China to receive restricted goods and services without their suppliers seeking licenses, easing the ...
Oct 11, 2022
Asian stocks stall amid global volatility
By Kanupriya Kapoor SINGAPORE (Reuters) - Asian stocks stayed at two-year lows on Wednesday, after a strengthening U.S. dollar, instability in the U.K. bond market, and forthcoming U.S. inflation data...
Oct 11, 2022
Peoria City Council discusses pot policy
PEORIA, Ill. – City of Peoria administrators have a lot of feedback to go through when it comes to how and to what extent recreational cannabis dispensaries can locate in the city. The area curr...
Oct 11, 2022
South Korea delivers another big hike as Fed rates sink local currency
By Cynthia Kim and Joori Roh SEOUL (Reuters) - South Korea's central bank raised interest rates by a half percentage point for a second time since July on Wednesday, as a surging dollar driven by aggr...
Oct 11, 2022
Oil prices extend decline on recession fears, China COVID curbs
By Isabel Kua SINGAPORE (Reuters) - Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening CO...
Oct 11, 2022
SpaceX to seek permit for Starlink services in India – Economic Times
(Reuters) - Elon Musk's SpaceX is set to seek a permit for Starlink services in India under its Starlink brand, the Economic Times reported on Wednesday, citing people with knowledge of the matter. Th...
Oct 11, 2022
Peoria, IL, USA
87 °F Sunny
