Category Archives:
Hong Kong Oct home prices drop 2.4%, biggest fall in 4 years
HONG KONG (Reuters) - Hong Kong private home prices fell 2.4% in October, the biggest drop since November 2018, official data showed on Monday, dragged down by worsening market sentiment amid a pessim...
Nov 27, 2022
Small plane crash causes mass power outages near Washington
By Tim Reid (Reuters) - A small plane crashed into high-voltage electricity lines about 30 miles north of Washington, D.C. on Sunday, causing mass power outages, with rescue services working into the ...
Nov 27, 2022
Winding-up lawsuit against Evergrande in Hong Kong adjourned to March 20
HONG KONG (Reuters) - Hong Kong's High Court on Monday adjourned a winding-up lawsuit against China Evergrande Group to March 20, 2023 to enable the embattled Chinese property developer to firm up its...
Nov 27, 2022
Indonesia extends loan relief for some pandemic-hit sectors
JAKARTA (Reuters) - Indonesia has extended loan forbearance for businesses such as accommodation as well as the textile and footwear industries that are yet to recover from the impact of the COVID-19 ...
Nov 27, 2022
NZ faces ‘shallow’ recession as rates need to rise more – senior central banker
By Stella Qiu SYDNEY (Reuters) - New Zealand is likely facing a "shallow" recession as interest rates need to rise further to tame inflation, a top central banker said on Monday, suggesting that a pau...
Nov 27, 2022
FTX remains focus of ‘active’ investigation, Bahamas attorney general says
(Reuters) - Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities, Bahamian Attorney General Ryan Pinder said on Sunday, as he prai...
Nov 27, 2022
Oil drops more than $1 as China’s COVID protests fuel demand worries
By Yuka Obayashi TOKYO (Reuters) - Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand worries, while investors remained cautious ...
Nov 27, 2022
Thai central bank to deliver third straight 25bps hike on Nov. 30
By Anant Chandak BENGALURU (Reuters) - The Bank of Thailand will raise interest rates by a modest quarter-point on Wednesday for a third straight meeting amid fragile tourism-reliant growth and signs ...
Nov 27, 2022
Dollar rises broadly, yuan slumps as China’s COVID unrest rattles sentiment
By Rae Wee SINGAPORE (Reuters) - The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervo...
Nov 27, 2022
Stocks, oil skid as China’s COVID protests roil sentiment
By Scott Murdoch SYDNEY (Reuters) - Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country's strict zero-COVID policy raised worries about management of the vir...
Nov 27, 2022
Peoria, IL, USA
42 °F Partly cloudy
