Category Archives:
Australian fund managers keep big banks at arm’s length
By Lewis Jackson SYDNEY (Reuters) - Holdings of Australia's big banks by domestic fund managers are hovering near record lows on expectations that a combination of high consumer spending and low arrea...
Dec 06, 2022
China’s Nov exports and imports shrink further, worse than forecasts
BEIJING (Reuters) - China's exports in November contracted 8.7% from a year earlier, while imports tumbled 10.6%, both missing expectations by large margins, customs data showed on Wednesday. Analysts...
Dec 06, 2022
U.S. to boost Taiwan’s stretched air force with $428 million in spare parts
TAIPEI (Reuters) - The U.S. State Department has approved the potential sale of $428 million in aircraft parts for Taiwan to help its air force, which is strained from repeatedly intercepting Chinese ...
Dec 06, 2022
Jim Stewart, founder of soul-R&B powerhouse Stax Records, dies at 92
By Steve Gorman (Reuters) - Jim Stewart, the white country fiddler whose powerhouse R&B-soul label Stax Records launched such stars as Otis Redding, Isaac Hayes and Sam & Dave, has died at age 92 in M...
Dec 06, 2022
Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) -Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced it wou...
Dec 06, 2022
E-cigarette maker Juul reaches settlement with nearly 10,000 plaintiffs
(Reuters) - E-cigarette maker Juul Labs on Tuesday said it has reached settlements with about 10,000 plaintiffs covering more than 5,000 cases in California. Juul did not disclose the settlement amoun...
Dec 06, 2022
U.S. lawmakers decline to add Boeing 737 MAX exemption in defense bill
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers late on Tuesday declined to add an extension to an annual defense bill of a looming deadline that would impose a new safety standard for modern...
Dec 06, 2022
Stocks rally sputters as growth fears resurface
By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets wobbled lower on Wednesday as reality bit on hopes for a soft economic landing in the United States, and investors curbed their enthusiasm ab...
Dec 06, 2022
U.S. lawmakers authorize $800 million more for Ukraine in defense bill
By Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. lawmakers agreed to provide Ukraine at least $800 million in additional security assistance next year and to boost Taiwan with billions i...
Dec 06, 2022
Dollar to rebound, accumulate safe-haven strength in 2023: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in 2023 t...
Dec 06, 2022
Peoria, IL, USA
78 °F Sunny
