Category Archives:
World Bank approves Sri Lanka’s concessional funding request
COLOMBO (Reuters) - The World Bank has approved crisis-hit Sri Lanka's request to access concessional financing from the International Development Association so as to help stabilise its economy, the ...
Dec 05, 2022
Philippines on track to lose growth momentum in 2023 – World Bank
MANILA (Reuters) - The Philippine economy is expected to lose momentum in 2023 with the pace of expansion set to slow to 5.7% as soaring inflation and higher interest rates crimp domestic demand, the ...
Dec 05, 2022
Australia central bank raises rates to 10-yr high, says more needed
By Stella Qiu SYDNEY (Reuters) - Australia's central bank on Tuesday delivered a widely expected interest rate hike at its last policy decision of 2022 and said more hikes are still needed ahead as po...
Dec 05, 2022
Stocks ease from 3-month highs, dollar firms up on strong U.S. data
By Anshuman Daga SINGAPORE (Reuters) - Asian stocks retreated from three-month highs and the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick lon...
Dec 05, 2022
Australia sues Telstra for not informing customers of downgrade in internet speed
(Reuters) - Australian competition regulator on Tuesday took the country's top telecom firm Telstra Corp to court for failing to inform some customers about downgrading the upload speed of its broadba...
Dec 05, 2022
Kirstie Alley, ‘Cheers’ and ‘Look Who’s Talking’ Star, dies aged 71
By Tim Reid LOS ANGELES (Reuters) - Kirstie Alley, the two-time Emmy-winning actress who rose to fame in her role on the hit TV series 'Cheers', died on Monday after a short battle with cancer, her re...
Dec 05, 2022
Man who shot Lady Gaga’s dog walker in pet theft sentenced to 21 years
By Steve Gorman LOS ANGELES (Reuters) - The man who shot and wounded Lady Gaga's dog walker during the theft of two of the singer's French bulldogs in Hollywood last year pleaded no contest to attempt...
Dec 05, 2022
Dollar holds firm on hawkish Fed bets, Aussie on back foot before RBA
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar held firm against major peers on Tuesday, following its biggest rally in two weeks after strong services data in the United States fuelled bets the ...
Dec 05, 2022
Oil prices rise after price cap on Russian crude, OPEC+ meeting
By Stephanie Kelly (Reuters) - Oil prices edged higher on Tuesday, after a G7 price cap on Russian seaborne oil came into force on Monday on top of a European Union embargo on imports of Russian crude...
Dec 05, 2022
Australia records first current account deficit in three years
By Wayne Cole SYDNEY (Reuters) - Australia's current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners paid more dividends...
Dec 05, 2022
Peoria, IL, USA
43 °F Overcast
