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Dollar sags below 20-year peak as euro lifted by ECB bets
By Kevin Buckland TOKYO (Reuters) - The dollar languished on Tuesday after being beaten back from a two-decade high versus major peers by a reinvigorated euro. The tables turned for the two currencies...
Syndicated Content Aug 29, 2022
S.Korea eyes fiscal discipline with first spending cut in 13 years
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) - South Korea said on Tuesday it would cut annual government spending for the first time in over a decade next year, as it seeks to curb its pandemic-era ...
Syndicated Content Aug 29, 2022
Motiva Port Arthur, Texas, refinery restarts hydrocracker after repair -sources
HOUSTON (Reuters) - Motiva Enterprises restarted the large hydrocracker at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery over the weekend after completing repairs to the large hydrocra...
Syndicated Content Aug 29, 2022
U.S. first lady Jill Biden tests negative for COVID-19
WASHINGTON (Reuters) - U.S. first lady Jill Biden has tested negative for COVID-19 and will return to Washington from Delaware on Aug. 30, a spokeswoman said on Monday. Jill Biden, 71, had tested posi...
Syndicated Content Aug 29, 2022
S.Korea central bank chief: no change in stance after Powell speech
SEOUL (Reuters) - The head of South Korea's central bank said on Tuesday his bank's monetary policy stance would not change after a speech last week by Federal Reserve Chair Jerome Powell who said the...
Syndicated Content Aug 29, 2022
Oil prices slip as inflation woes outweigh possible OPEC+ output cuts
By Arathy Somasekhar (Reuters) - Oil prices fell on Tuesday after notching their highest gains in more than a month in the previous session, as global inflation worries overshadowed the prospect of po...
Syndicated Content Aug 29, 2022
Tesla seeks to overturn Louisiana ban on direct car sales
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla Inc has filed a lawsuit to challenge Louisiana's refusal to allow the company to sell vehicles directly to consumers, calling the U.S. state's move prote...
Syndicated Content Aug 29, 2022
Sri Lanka president to present first budget with hopes for IMF loan
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lankan President Ranil Wickremesinghe will on Tuesday slash defence and other expenditures in a bid to win International Monetary Fund (IMF) support as he ...
Syndicated Content Aug 29, 2022
Japan’s jobless rate flat at 2.6% in July – govt
TOKYO (Reuters) - Japan's jobless rate was steady at 2.6% in July, while the availability of jobs grew for the seventh straight month to a more than two-year high, government data showed on Tuesday. T...
Syndicated Content Aug 29, 2022
Too early to think of ending rate hike cycle in Mexico, cenbanker says
MEXICO CITY (Reuters) - It is "very, very premature" to start thinking of ending the current interest rate-hiking cycle in Mexico, one of the Mexican central bank's board members said on Twitter on Mo...
Syndicated Content Aug 29, 2022
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