Category Archives:
Italy’s services sector contracts in Sept -PMI
ROME (Reuters) - Italy's services sector contracted in September after reporting modest growth the month before, a survey showed on Wednesday, as surging costs and uncertainty hit client demand. S&P G...
Oct 05, 2022
As Asia’s borrowers turn homeward, local bond issuance surges
By Rae Wee SINGAPORE (Reuters) - Asian issuance of bonds denominated in local currencies have ballooned to their largest in more than a decade as borrowers turn shy of expensive U.S. dollar debt and t...
Oct 05, 2022
Biden says U.S. willing to hold talks with S.Korea on EV subsidy -Yonhap
SEOUL (Reuters) - U.S. President Joe Biden has expressed willingness to hold talks with South Korea on a recent measure that denies subsidies to automakers which do not assemble electric vehicles (EVs...
Oct 05, 2022
SoftBank makes no Arm investment proposal to Samsung-report
SEOUL (Reuters) - SoftBank Group Corp founder and CEO Masayoshi Son discussed on Tuesday a long-term cooperation between chip designer Arm and Samsung Electronics, but did not propose the South Korean...
Oct 05, 2022
S.African business activity contracts in Sept -PMI
(Reuters) - South African private sector activity contracted in September as increased power cuts led to steep falls in output and new orders, a survey showed on Wednesday. S&P Global's South Africa p...
Oct 05, 2022
UK investors pull record $2.7 billion from equity funds in September
By Elizabeth Howcroft LONDON (Reuters) - UK-based investors pulled a record 2.4 billion pounds ($2.74 billion) from equity funds in September, funds network Calastone said on Wednesday. The net outflo...
Oct 05, 2022
Spanish services sector contracts in Sept after eight months of growth -PMI
MADRID (Reuters) - Activity in Spain's services sector contracted in September for the first time since January, with businesses finding market conditions increasingly adverse, a survey showed on Wedn...
Oct 05, 2022
Engine parts makers must cross ‘valley of death’ to reach EV era
By Nick Carey and Christina Amann KIDDERMINSTER, England (Reuters) - Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification. Unti...
Oct 05, 2022
Thai economy seen up 3.0 to 3.5% this year – Finance Minister
BANGKOK (Reuters) - Thailand's economy is still expected to grow 3.0 to 3.5% this year, while a weak baht is helping exports, the finance minister said on Wednesday. But supply chains problems, such a...
Oct 05, 2022
STMicroelectronics wins European Commission backing for Italy plant
(Reuters) - The European Commission on Wednesday approved Italian state aid for STMicroelectronics which plans to build a plant the company says will create around 700 jobs. The Commission said it acc...
Oct 05, 2022
Peoria, IL, USA
42 °F Partly cloudy
