Category Archives:
Chinese EV battery maker CATL expects Q3 profit to nearly triple
SHANGHAI (Reuters) - CATL, a Chinese electric vehicle (EV) battery giant, forecast its net profit in the July-September quarter to nearly triple from a year-ago period, buoyed by rapid expansion in pr...
Oct 10, 2022
Indonesia’s president says ‘monetary position’ under control
JAKARTA (Reuters) - Indonesia's inflation is still under control even after a rise in fuel prices, President Joko Widodo said on Tuesday, noting September's inflation rate of 5.95%. Speaking at an inv...
Oct 10, 2022
Japan Finance Minister: U.S. has shown understanding on Tokyo’s FX intervention
TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday the United States has shown "a certain extent" of understanding about the currency market intervention Tokyo conducted last m...
Oct 10, 2022
Billionaire investor Yuri Milner relinquishes Russian citizenship
(Reuters) - Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014. Milner is the founder of internet investment firm DST Glo...
Oct 10, 2022
Australia hopes to fend off recession despite global economic dangers-Treasurer
SYDNEY (Reuters) - The Australian economy will likely avoid a recession despite the world economy being in "a dangerous place right now", Treasurer Jim Chalmers said on Tuesday, ahead of the governmen...
Oct 10, 2022
Two Australian regulators open investigations into Optus after data breach
SYDNEY (Reuters) - Two Australian regulators said on Tuesday they have opened investigations into Optus, the country's No. 2 telecoms provider, after a breach of its systems resulted in the theft of p...
Oct 10, 2022
Debt costs overshadow climate finance in small island states-report
LONDON (Reuters) - Small developing island states heavily exposed to the effects of climate change and often in critical debt situations spend at least 18 times more on debt servicing than they receiv...
Oct 10, 2022
Fintech startup Airwallex raises $100 million, valued at $5.5 billion
(Reuters) - Fintech platform Airwallex said on Tuesday it raised $100 million in its recently closed funding round, sustaining its $5.5 billion valuation. The company said it secured more funds from e...
Oct 10, 2022
Crypto giant Coinbase gets Singapore licence
By Xinghui Kok SINGAPORE (Reuters) - Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state...
Oct 10, 2022
Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand
By Isabel Kua SINGAPORE (Reuters) - Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China increased fears ...
Oct 10, 2022
Peoria, IL, USA
84 °F Sunny
