Category Archives:
Big US banks to fare well in annual health checks despite spring turmoil
By Pete Schroeder WASHINGTON (Reuters) - Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health chec...
Jun 25, 2023
Hydrocarbons will be important part of future ASEAN energy mix
By Mei Mei Chu KUALA LUMPUR (Reuters) - Hydrocarbons will continue to be an important part of the energy mix in Southeast Asia, Malaysian Prime Minister Anwar Ibrahim said on Monday, as affordability ...
Jun 25, 2023
S&P Global cuts China 2023 growth forecast to 5.2% from 5.5%
BEIJING (Reuters) -S&P Global said it has cut its 2023 GDP growth forecast for China after May data showed a post-COVID recovery was faltering in the world's second-largest economy. "We have reduced o...
Jun 25, 2023
Dollar steady as investors ponder over global rates, economic outlook
By Rae Wee SINGAPORE (Reuters) - The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of protracted monetary tightening cycles on the global growth outl...
Jun 25, 2023
BOJ member called for early revision of YCC at June meeting – summary
By Leika Kihara TOKYO (Reuters) - The Bank of Japan should discuss revising its yield curve control (YCC) policy at an early stage, a board member was quoted as saying at a June policy meeting, a summ...
Jun 25, 2023
Australia’s Element 25 to supply GM with manganese sulphate, shares jump
By Melanie Burton and Harish Sridharan MELBOURNE (Reuters) - Element 25 Ltd said on Monday it will supply manganese sulphate to General Motors Co as the automaker looks to secure supply of battery min...
Jun 25, 2023
Shares in Japan’s JSR untraded on surprise possible buyout
By Sam Nussey TOKYO (Reuters) - Shares in Japan's JSR Corp were untraded with a glut of buy orders early on Monday, after the semiconductor materials maker said it was considering a deal to be acquire...
Jun 25, 2023
Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits
By Hilary Russ and Caroline Valetkevitch (Reuters) - Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas' union that managers...
Jun 25, 2023
Renewables growth did not dent fossil fuel dominance in 2022-Statistical Review
LONDON (Reuters) - Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Stati...
Jun 25, 2023
China refiners stoke petchem glut in market share war as demand flags
By Mohi Narayan and Andrew Hayley (Reuters) - China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to dep...
Jun 25, 2023
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