Category Archives:
Typhoon Doksuri shuts businesses, grounds flights in Taiwan
TAIPEI (Reuters) - Southern Taiwan on Thursday shut businesses and schools while airlines cancelled hundreds of domestic flights amid warnings of landslides and floods as Typhoon Doksuri churned past ...
Jul 26, 2023
Dollar slips as Fed’s rate-hike cycle seen ending
By Rae Wee SINGAPORE (Reuters) - The dollar was on the back foot on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atla...
Jul 26, 2023
Oil up as supply tightness view offsets concerns from rate hikes
By Katya Golubkova TOKYO (Reuters) - Oil prices rose on Thursday as investors focused on expectations of tighter supplies from top oil producers, helping reverse earlier losses that were driven by wor...
Jul 26, 2023
Canadian diplomats denied access to Kris Wu’s appeal trial in China
BEIJING (Reuters) - Canadian diplomats were denied access to the start of Canadian pop star Kris Wu's appeal trial in Beijing, the Canadian government said, following his sentencing in 2022 to more th...
Jul 26, 2023
Thai central bank to hike rates by 25 bps on Aug. 2, ending tightening cycle – Reuters poll
By Anant Chandak BENGALURU (Reuters) - The Bank of Thailand (BOT) will deliver a final 25-basis-point interest rate increase on August 2 and then hold rates steady until 2025 as the inflation outlook ...
Jul 26, 2023
US commerce chief says China export controls will hit companies’ revenue
By David Shepardson WASHINGTON (Reuters) - Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will ...
Jul 26, 2023
Macquarie flags lower profit on weak green energy income, shares slip
(Reuters) - Australian investment bank Macquarie Group flagged a lower quarterly profit on Thursday, sending its shares over 4% lower in early trade, as contributions from its asset management busines...
Jul 26, 2023
LG Energy Solution Q2 profit jumps 136% on strong demand for EV batteries
SEOUL (Reuters) - South Korea's LG Energy Solution Ltd on Thursday posted a 136% jump in quarterly profit, helped by rising demand for electric vehicle (EV) batteries. The company, which supplies Gene...
Jul 26, 2023
Samsung Elec Q2 profit plunges 95% as chip glut persists
SEOUL (Reuters) - Samsung Electronics reported on Thursday a 95% plunge in quarterly profit, as the chip industry's downturn persisted despite output cuts due to weaker demand for products reliant on ...
Jul 26, 2023
Analysis-Investors dumping China load up on other emerging markets
By Summer Zhen and Patturaja Murugaboopathy HONG KONG (Reuters) - Global investors are increasingly choosing to bypass China's markets in favour of other emerging countries that are either gaining fro...
Jul 26, 2023
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
