Category Archives:
Oil falls as surging U.S. fuel stockpiles raise demand concerns
MELBOURNE (Reuters) - Oil prices fell on Wednesday as rising fuel stockpiles in the United States raised concerns of declining demand in the world's biggest oil consumer amid a massive spike in COVID-...
Jan 04, 2022
Sony teases details of next-gen VR headset
By Sam Nussey TOKYO (Reuters) - Sony Group Corp on Wednesday teased details of its next-generation virtual reality headset for its PlayStation 5 console, as the Japanese conglomerate seeks to secure a...
Jan 04, 2022
Asian shares slip as rising U.S. yields hit tech firms
By Alun John HONG KONG (Reuters) - Asian stocks slipped on Wednesday following a mixed Wall Street session as higher U.S. Treasury yields weighed on global tech firms and pushed the dollar to a five-y...
Jan 04, 2022
U.S. reports nearly 1 million COVID-19 cases in a day, setting global record
By Joseph Ax and Lisa Shumaker (Reuters) -The United States reported nearly 1 million new coronavirus infections on Monday, the highest daily tally of any country in the world and nearly double the pr...
Jan 04, 2022
Sony says to establish new electric vehicle company
TOKYO (Reuters) - Japan's Sony Group will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech giant to enter the fast-growing market. Shares of Sony ...
Jan 04, 2022
China Huarong shares set to fall 40% in resumed trade after 9-month halt
HONG KONG (Reuters) - Shares of China Huarong Asset Management Co Ltd are set to fall 40% as the stock resumes trading on Wednesday after a nine-month suspension. The stock, which has been suspended s...
Jan 04, 2022
Yen wallows as Omicron fears subside and rate hikes loom
By Tom Westbrook SYDNEY (Reuters) - The yen was pinned near a five-year low on the dollar on Wednesday and nursing losses on other crosses as traders wagered the Bank of Japan would lag a looming wave...
Jan 04, 2022
China Evergrande to hold meeting with bondholders on Jan 7-10
BEIJING (Reuters) - China Evergrande Group said on Wednesday it will hold an online meeting with bondholders on Jan. 7-10 to vote on proposals including one on delaying the redemption date of some bon...
Jan 04, 2022
Australia job advertisements fall 5.5% in Dec – ANZ
SYDNEY (Reuters) - Australian job advertisements slipped in December after two months of steep gains as some positions were filled, while a pick up in coronavirus cases may have had some impact on emp...
Jan 04, 2022
Tencent sells $3.01 billion stake in Singapore tech group Sea
(Reuters) - Chinese gaming and social media company Tencent Holdings Ltd on Wednesday sold a stake worth $3.01 billion in Singapore-based gaming and e-commerce firm Sea Ltd. Tencent sold 14.5 million ...
Jan 04, 2022
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