Category Archives:
Ecuador reaches deal with China to restructure debt
(Reuters) - Ecuador has reached an agreement to restructure its debt with Chinese banks, the government said in a statement on Monday, providing debt relief worth some $1.4 billion until 2025. Ecuador...
Sep 19, 2022
Oil prices steady as prospect of Fed hikes may curb fuel demand
By Isabel Kua SINGAPORE (Reuters) - Oil prices were little changed on Tuesday, after rising in the previous session, on concerns that interest rate hikes in the United States to tame inflation will cu...
Sep 19, 2022
Australia’s central bank says hikes could slow at some point
SYDNEY (Reuters) - Australia's central bank is set on raising interest rates again as it battles to contain red-hot inflation, but sees a case for slowing the pace of hikes as rates approached more no...
Sep 19, 2022
Philippines central bank to go for another 50 bps rate hike on Thursday
By Shaloo Shrivastava BENGALURU (Reuters) - The Philippine central bank will likely opt for a half-point interest rate rise on Thursday to support a weakening currency and blunt its effect on imported...
Sep 19, 2022
Indonesia to raise rates by another 25 bps in Sept, some call for 50 bps: Reuters poll
By Anant Chandak BENGALURU (Reuters) - Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting on Thursday, still moving more slowly than most o...
Sep 19, 2022
China leaves lending benchmarks unchanged as expected
SHANGHAI (Reuters) -China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with expectations, as authorities appeared to hold off immediate monetary easing following ...
Sep 19, 2022
Japan govt will spend $24 billion in budget reserves to cope with price hikes
TOKYO (Reuters) - Japan will spend 3.48 trillion yen ($24.31 billion) in budget reserves to cope with ongoing price hikes and respond to COVID-19, the Ministry of Finance said on Tuesday. The decision...
Sep 19, 2022
Marriott coaxing workers back to office with $600 million building
By David Shepardson BETHESDA, Maryland (Reuters) - Marriott International Inc believes its new $600 million high-rise headquarters will entice workers to return after more than two years mostly workin...
Sep 19, 2022
Texas sheriff opens probe into migrant flights to Martha’s Vineyard
By Mica Rosenberg (Reuters) - A Texas county sheriff is opening a criminal investigation into flights that carried dozens of migrants to Martha's Vineyard, Massachusetts, from Texas last week, an act ...
Sep 19, 2022
Kia Corp to produce electric vehicles in the U.S. from 2024 – reports
SEOUL (Reuters) - Kia Corp is expected to produce electric vehicles in the United States from 2024, South Korean media Maeil Business Newspaper and TV channel SBS reported on Tuesday, citing an uniden...
Sep 19, 2022
Peoria, IL, USA
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