Category Archives:
Australian crypto ownership warrants consumer protection, says regulator
SYDNEY (Reuters) - Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog...
Aug 10, 2022
Asian shares join global rally on softer-than-expected U.S. inflation
By Stella Qiu and Alun John BEIJING/HONG KONG (Reuters) - Asian shares tracked Wall Street higher on Thursday after a softer-than-expected U.S. inflation report encouraged bets of less aggressive rate...
Aug 10, 2022
Yellen to IRS: No increase in middle-class audits if IRS gets more funding
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service commissioner on Wednesday that if the Inflation Reduction Act becomes law additional IRS resources should ...
Aug 10, 2022
Dollar bruised after U.S. inflation comes in below expectations
By Alun John HONG KONG (Reuters) - The euro and Japanese yen were sitting pretty on Thursday morning after U.S. inflation data overnight came in less hot than feared and sent the dollar tumbling. U.S....
Aug 10, 2022
Costa Rica seeks entry to trans-Pacific trade bloc
SAN JOSE (Reuters) - Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves announced on Wednesday, in a step t...
Aug 10, 2022
Explainer – How will SoftBank cut its stake in Alibaba without selling shares?
By Carolina Mandl and Angelique Chen NEW YORK (Reuters) - SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%. But the Japanes...
Aug 10, 2022
Oil falls on demand concerns, greater supply
By Laura Sanicola SINGAPORE (Reuters) - Oil prices fell in early Asian trade on Thursday as traders anticipated more supply of crude entering the market coupled with weaker demand. Brent crude futures...
Aug 10, 2022
Harvey Weinstein, Chrysler end dueling lawsuits over 2019 Jeep crash
By Jonathan Stempel NEW YORK (Reuters) - Harvey Weinstein and the U.S. business of Fiat Chrysler Automobiles agreed to end competing lawsuits over a 2019 crash in which the now-imprisoned former Holly...
Aug 10, 2022
Mexico issues measures to mitigate high costs of train cargo as inflation soars
MEXICO CITY (Reuters) - Mexico's government on Wednesday said it had issued so-called "emergency directives" for the transportation via train of products in a staple basket of goods with the aim of mi...
Aug 10, 2022
Singapore Q2 GDP grows 4.4% y/y, slower than first estimated
SINGAPORE (Reuters) - Singapore's economy expanded less than initially estimated in the second quarter, official data showed on Thursday. Gross domestic product (GDP) grew 4.4% year-on-year in the sec...
Aug 10, 2022
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