Category Archives:
Malaysia sees greater savings from shift to targeted subsidy system – Bloomberg, citing minister
KUALA LUMPUR (Reuters) - Malaysia expects to save at least $1 billion to $2 billion a year from a shift to a targeted subsidy system in a bid to narrow its fiscal deficit, Bloomberg reported, citing E...
Oct 03, 2023
Flights cancelled as typhoon Koinu grinds towards Taiwan
TAIPEI (Reuters) - Typhoon Koinu grinded towards southern Taiwan on Wednesday bringing heavy rain and winds and causing the cancellation of 70 domestic flights. Koinu is expected to make landfall on T...
Oct 03, 2023
Crypto firm Ripple secures Singapore payments licence
SINGAPORE (Reuters) - Cryptocurrency firm Ripple said on Wednesday its Singapore subsidiary has secured a payments licence to operate in the city-state without transaction thresholds. The licence, gra...
Oct 03, 2023
US SEC cannot appeal Ripple Labs decision, judge rules
By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been ...
Oct 03, 2023
Softbank CEO Masayoshi Son says artificial general intelligence will come within 10 years
TOKYO (Reuters) - SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realised wit...
Oct 03, 2023
NZ central bank holds rates steady, says past hikes tempering inflation
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as policymakers reiterated that past tightening had helped constrain spending and temp...
Oct 03, 2023
Australia’s Westpac fails to sell pacific banking business
(Reuters) - Australian lender Westpac said on Wednesday it had cancelled the sale of its Fiji and Papua New Guinea businesses, ending a years-long process that was beset by regulatory problems. The co...
Oct 03, 2023
Kaiser Permanente and healthcare workers head for labor clash as strike deadline looms
By Ahmed Aboulenein WASHINGTON (Reuters) - Kaiser Permanente appeared headed for a labor clash with 75,000 of its healthcare workers as union leaders said contract talks had stalled on Tuesday, leavin...
Oct 03, 2023
Asia stocks hit 11-month low, yen spike stirs intervention talk
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks fell to a 11-month low on Wednesday after another piece of resilient U.S. economic data sent Treasury yields to fresh highs, while a sharp rise in t...
Oct 03, 2023
Explainer-What would Japanese intervention to boost the weak yen look like?
By Leika Kihara TOKYO (Reuters) - Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects of higher-for-longer U.S. interest rates wh...
Oct 03, 2023
Peoria, IL, USA
35 °F Sunny
