Category Archives:
Asian stocks bounce higher on signs rate hikes are working
By Scott Murdoch HONG KONG (Reuters) - Asian stocks rose on Wednesday as investors grew hopeful future global interest rate rises might become less aggressive amid early signs previous policy tighteni...
Oct 04, 2022
New Zealand’s central bank lifts rates to 7-year high in hawkish rush
By Wayne Cole SYDNEY (Reuters) -New Zealand's central bank on Wednesday lifted interest rates to a seven-year high and promised more pain to come as it struggles to cool red-hot inflation in an over-s...
Oct 04, 2022
From stubs to soft toys, an Indian factory reprocesses cigarette ends
By Sunil Kataria NEW DELHI (Reuters) - Sitting on the floor of a house on the outskirts of New Delhi, women smile and chat as they fill brightly coloured toy bears with white stuffing made from a prod...
Oct 04, 2022
Foxconn shares rise after offering cautiously optimistic Q4 outlook
TAIPEI (Reuters) - Shares in Taiwan's Foxconn, the world's largest contract electronics maker, rose 3% on Wednesday morning after the company said it was "cautiously optimistic" about its fourth-quart...
Oct 04, 2022
S.Korea central bank expects inflation to stay high for lengthy period
SEOUL (Reuters) - South Korea's central bank said annual consumer inflation is expected to stay high at the 5-6% levels, with upside risks, for a considerable period of time. The Bank of Korea cited h...
Oct 04, 2022
Icahn had Twitter stake worth over $500 million before Musk’s about-face – WSJ
(Reuters) - Activist investor Carl Icahn amassed a Twitter stake worth more than $500 million in the past few months and made a sizable profit on Tuesday after Elon Musk proposed to go ahead with his ...
Oct 04, 2022
Japan’s tourism restart stirs hope of service-sector recovery -PMI
TOKYO (Reuters) - Japan's services sector activity growth posted a small expansion in September as demand recovered on declining COVID-19 cases and the prospect of easing restrictions on foreign touri...
Oct 04, 2022
Victim in Peoria officer-involved shooting identified; police chief issues statement
UPDATED 10:15 P.M. PEORIA, Ill. – We now know the name of the victim in Monday night’s officer-involved shooting in South Peoria. And, we have heard for the first time from Peoria’s ...
Oct 04, 2022
Dollar nurses pullback as traders glimpse rate peaks
By Tom Westbrook SYDNEY (Reuters) - The dollar nursed its biggest losses for years on Wednesday, after a dovish central bank surprise in Australia had investors wondering whether a peak is in sight fo...
Oct 04, 2022
Oil climbs ahead of OPEC+ talks on supply cut
By Sonali Paul MELBOURNE (Reuters) - Oil prices inched up on Wednesday extending 3% gains in the previous session ahead of a meeting of OPEC+ producers to discuss a big output cut in what energy execu...
Oct 04, 2022
Peoria, IL, USA
45 °F Overcast
