Category Archives:
Festivity on hold for stocks as rate hikes beckon
By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets made a wobbly start to the final full trading week of 2022, with the prospect of interest rates rising further next year taking the edge off ...
Dec 18, 2022
Taiwan probes TikTok for suspected illegal operations
TAIPEI (Reuters) - Taiwan's government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating a subsidiary on the island, and warned that the social med...
Dec 18, 2022
Japan govt to consider revising joint statement with BOJ – sources
TOKYO (Reuters) - The Japanese government will consider revising next year a 2013 joint statement with the Bank of Japan (BOJ) that commits the central bank to meeting its 2% inflation target "at the ...
Dec 18, 2022
Yen rises on report of Japan govt move for more flexible inflation target
By Rae Wee SINGAPORE (Reuters) - The yen climbed on Monday on news that the Japanese government is set to revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target, pote...
Dec 18, 2022
Oil climbs on optimism over China’s demand recovery
By Florence Tan SINGAPORE (Reuters) - Oil prices reclaimed ground on Monday after tumbling more than $2 a barrel in the previous session as optimism from China's reopening and oil demand recovery outw...
Dec 18, 2022
Chinese business confidence lowest in almost a decade – survey
BEIJING (Reuters) - China's business confidence hit its lowest level since at least January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on econo...
Dec 18, 2022
Defense firm L3Harris to buy Aerojet for $4.7 billion with eye on missile demand
(Reuters) - U.S. defense contractor L3Harris Technologies Inc said on Sunday it would buy Aerojet Rocketdyne Holdings Inc for $4.7 billion in an all-cash transaction, as it looks to tap into rising de...
Dec 18, 2022
Renesas halts work at Beijing plant due to COVID spread
TOKYO (Reuters) - Japanese chip maker Renesas Electronics Corp suspended work at its Beijing plant from Friday for several days due to the spread of COVID-19 in the city and out of consideration for w...
Dec 18, 2022
Star Entertainment dives on NSW govt’s proposal to reform casino tax rates
(Reuters) - Shares in Australia's Star Entertainment Group tumbled nearly 12% on Monday, after the New South Wales (NSW) government proposed to raise taxes on casino poker machine operators in the sta...
Dec 18, 2022
Three dozen injured when flight to Hawaii hits severe turbulence, reports say
(Reuters) - Some three dozen people were injured, 11 of them seriously, on Sunday when a Hawaiian Airlines flight to Honolulu was hit by severe turbulence, local media reported. Emergency responders t...
Dec 18, 2022
Peoria, IL, USA
75 °F Sunny
