Category Archives:
China urges Japan to stop imposing chip export controls
BEIJING (Reuters) -Chinese Commerce Minister Wang Wentao urged Japan to correct its "wrongdoing" of imposing chip export controls, according to a statement from the Chinese commerce ministry on Monday...
May 28, 2023
Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
By Rae Wee SINGAPORE (Reuters) - The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a d...
May 28, 2023
Poor GenXers without dependents targeted by US debt ceiling work requirements
WASHINGTON (Reuters) - The debt ceiling deal that U.S. President Joe Biden and House Republican Kevin McCarthy agreed over the weekend adds new conditions to food aid that will impact one segment of t...
May 28, 2023
Arm rolls out new smartphone tech and MediaTek signs up to use
By Jane Lanhee Lee and Stephen Nellis (Reuters) - Arm Ltd on Monday rolled out new chip technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its nex...
May 28, 2023
Asian shares, US futures rise on debt ceiling deal
By Stella Qiu SYDNEY (Reuters) - Asian shares and U.S. stock futures rose on Monday, buoyed by a weekend deal by U.S. President Joe Biden and congressional Republican Kevin McCarthy to suspend the gov...
May 28, 2023
Japan’s Nikkei share average rises to highest since July 1990
By Kevin Buckland TOKYO (Reuters) -Japan's Nikkei share average rose to its highest level since July 1990 on Monday, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen. The Nikkei jumpe...
May 28, 2023
Australia’s AMP names Blair Vernon as CFO, dissolves local wealth management arm
(Reuters) - Australia's AMP said on Monday Blair Vernon will take over from Peter Fredricson as its chief financial officer and the wealth manager will dissolve its local wealth management arm in an a...
May 28, 2023
IRS funding cut won’t hurt near-term tax collection, officials say
WASHINGTON (Reuters) - The budget deal struck by President Joe Biden and House Speaker Kevin McCarthy to end a debt-limit crisis should not change the short-term abilities of tax collectors, according...
May 28, 2023
Oil climbs after US leaders strike provisional debt deal
By Florence Tan SINGAPORE (Reuters) - Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest econom...
May 28, 2023
Singapore’s Temasek cuts pay for staff responsible for FTX investment
By Urvi Manoj Dugar and Yantoultra Ngui (Reuters) -Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management that recommended its investment i...
May 28, 2023
Peoria, IL, USA
70 °F Overcast
