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Philippine inflation near 4-year high, cements prospect of more rate hikes
By Enrico Dela Cruz and Karen Lema MANILA (Reuters) - Philippine inflation surged to the highest level in nearly four years in June, cementing expectations for more interest rate hikes and increasing ...
Jul 04, 2022
Samsung to invest $500 million in Mexico, foreign minister says
(Reuters) - Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday. On Twitter...
Jul 04, 2022
Thai June headline CPI +7.66 y/y, beats forecast
BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) jumped 7.66% in June from a year earlier, a stronger increase than expected, driven up by higher energy prices, the commerce ministry...
Jul 04, 2022
Taiwan’s Foxconn raises full-year outlook on strong tech demand
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns ...
Jul 04, 2022
China’s June services activity expands at fastest in almost a year – Caixin PMI
BEIJING (Reuters) - China's services activity snapped three months of decline in June and grew at the fastest rate in almost a year as easing COVID curbs revived demand, although firms remained cautio...
Jul 04, 2022
Gold inches down as U.S. bond yields bounce back
(Reuters) - Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week's one-month lows reduced the appeal of non-yielding bullion, with a strong dollar also piling on. FUND...
Jul 04, 2022
Rakuten shares climb 2% on bank unit listing progress
TOKYO (Reuters) - Shares in Japan's Rakuten Group Inc climbed 2.4% on Tuesday, a day after the e-commerce firm said it has applied to list its online banking unit on the Tokyo Stock Exchange. Rakuten ...
Jul 04, 2022
Brent up as strike in Norway threatens to disrupt oil, gas output
By Florence Tan SINGAPORE (Reuters) - Brent crude futures extended gains on Tuesday as a strike in Norway is expected to disrupt oil and gas output, fanning tight supply worries. Brent crude futures r...
Jul 04, 2022
Japan’s service sector activity grows at fastest rate in over 8 years – PMI
TOKYO (Reuters) - Japan's services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in touri...
Jul 04, 2022
Japan May real wages post biggest drop in nearly 2 years on inflation
TOKYO (Reuters) - Japan's real wages extended a decline in May to post the biggest year-on-year drop in nearly two years, government data showed on Tuesday, as consumer inflation hovering near a seven...
Jul 04, 2022
Peoria, IL, USA
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