Category Archives:
China Q3 GDP growth rebounds at faster pace but risks loom
BEIJING (Reuters) - China's economy rebounded at a faster-than-expected pace in the third quarter, official data showed on Monday, but strict COVID curbs and global recession risks are challenging Bei...
Oct 23, 2022
A Singles Day without livestream superhosts leaves Alibaba in a quandary
By Casey Hall and Sophie Yu SHANGHAI (Reuters) - When Alibaba kicks off its Singles Day extravaganza on Monday, it will for the first time in years not be headlined by its two mega sales stars, castin...
Oct 23, 2022
Australian regulator sues Fitbit for misleading claims on faulty devices
(Reuters) - Australia's competition regulator has instituted court proceedings against Fitbit LLC for allegedly making false or misleading claims to consumers about their guarantee rights on faulty de...
Oct 23, 2022
Oil climbs on expectations of tight supply as Russia sanctions loom
By Florence Tan SINGAPORE (Reuters) - Oil rose in early Asian trade on Monday as expectations of tighter supplies globally ahead of European Union sanctions on Russian oil underpinned prices. Brent cr...
Oct 23, 2022
Dollar see saws on suspected yen intervention, shares rally
By Wayne Cole SYDNEY, (Reuters) - The U.S. dollar went on a rollercoaster ride versus the yen on Monday as markets suspected more intervention from Japanese authorities, while Asian shares rallied on ...
Oct 23, 2022
Japan’s yen jumps on suspected BOJ intervention, fails to keep gains
By Vidya Ranganathan and Kevin Buckland SINGAPORE (Reuters) - The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early intervention by the Bank of Japan, ...
Oct 23, 2022
China’s YMTC asks core U.S. employees to leave due to chip export restrictions -FT
(Reuters) - Chinese chip maker Yangtze Memory Technologies Co (YMTC) Ltd has asked its U.S. employees in core tech positions to leave, as the company rushes to comply with the new U.S export restricti...
Oct 23, 2022
Australia to cut economic growth forecasts on lower consumer spending
SYDNEY (Reuters) - Australia's economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer J...
Oct 23, 2022
Tesla cuts starting prices for Model 3, Model Y in China
SHANGHAI (Reuters) - Tesla has cut starting prices for Model 3 and Model Y cars in China, its Chinese website showed on Monday. The starting price for Model 3 was reduced to 265,900 yuan ($36,727.03) ...
Oct 23, 2022
Japan Oct factory growth slows to 21-month low, but services pick up – flash PMI
TOKYO (Reuters) - Japan's factory activity growth slowed further to a 21-month low in October as relentless cost pressures torment manufacturers, but service-sector firms received a boost as the count...
Oct 23, 2022
Peoria, IL, USA
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