Category Archives:
Asia equities fall on fear of hawkish central bank hikes
By Selena Li HONG KONG (Reuters) - Asian share markets followed Wall Street into the red on Wednesday as surprising strength in global surveys of services stoked fears that central banks would have to...
Syndicated Content Feb 21, 2023
Analysis-Indonesia’s renewed dalliance with global bond investors may be brief
By Ankur Banerjee and Patturaja Murugaboopathy SINGAPORE (Reuters) - A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding steady...
Syndicated Content Feb 21, 2023
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) - The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then pause until the end of 2023, acco...
Syndicated Content Feb 21, 2023
Japan’s modest business services price rise highlights dilemma for central bank
TOKYO (Reuters) - Japan's business-to-business services prices rose 1.6% in January from a year earlier, much slower than a 9.5% jump in wholesale goods prices, a sign the recent pick-up in inflation ...
Syndicated Content Feb 21, 2023
Spice maker McCormick sees ‘pushback’ from retailers on price increases -CEO
By Jessica DiNapoli BOCA RATON, Fla (Reuters) - McCormick & Company Inc is looking to hike prices on its spices and hot sauces at retailers like Walmart Inc and Kroger Co but is getting "pushback" on ...
Syndicated Content Feb 21, 2023
NZ central bank hikes rates by 50bps, as expected, flags more to come
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further to ensure i...
Syndicated Content Feb 21, 2023
Dollar, sterling underpinned by upbeat PMI surveys; kiwi jumps
By Rae Wee SINGAPORE (Reuters) - The dollar and sterling were buoyant on Wednesday, after a surprise rebound in business activity in the United States and the UK raised the likelihood that their respe...
Syndicated Content Feb 21, 2023
Second reputed gang member pleads not guilty to murdering 6 in California
By Steve Gorman LOS ANGELES (Reuters) - The second of two reputed gang members jailed in the execution-style killings of six people in a central California farming town last month, including an infant...
Syndicated Content Feb 21, 2023
California pension fund asks to meet Norfolk Southern after Ohio derailment
By Isla Binnie and Simon Jessop NEW YORK (Reuters) - Major U.S. pension fund CalPERS is seeking a meeting with rail operator Norfolk Southern at which it plans to ask about the derailment of a train l...
Syndicated Content Feb 21, 2023
Australia wage growth picks up to 3.3%, short of forecasts
SYDNEY (Reuters) - Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in ...
Syndicated Content Feb 21, 2023
Peoria, IL, USA
42 °F Overcast
