Category Archives:
U.S. SEC’s crypto guidelines push up costs for lenders, disrupting projects
By Hannah Lang and Michelle Price WASHINGTON (Reuters) - Banks' cryptocurrency projects have been upended by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too ca...
Sep 15, 2022
India’s current account deficit likely jumped to a near-decade high – Reuters poll
By Arsh Tushar Mogre BENGALURU (Reuters) - India's current account deficit likely widened to its highest in nearly a decade in the April-June quarter, driven by soaring global commodity prices and the...
Sep 15, 2022
Japan signals readiness to act in FX market if sharp yen volatility persists
TOKYO (Reuters) - Japan's Finance Minister Shunichi Suzuki said on Friday he would not rule out any options in taking action in the foreign exchange market if sharp weakening in the yen persisted. Suz...
Sep 15, 2022
Asian markets weaken as IMF, World Bank flag recession risks
By Scott Murdoch HONG KONG (Reuters) - Asian markets were weaker on Friday as investors braced for a U.S. rate hike next week amid growing concerns of a global recession following warnings from the Wo...
Sep 15, 2022
China August industrial output, retail sales growth beat forecasts
BEIJING (Reuters) - China's industrial output rose 4.2% in August from a year earlier, better than the 3.8% growth in July, official data showed on Friday, suggesting the economic recovery was able to...
Sep 15, 2022
China’s property sector contracts further with prices, sales falling
BEIJING (Reuters) -China's property sector contracted further in August, with falls in home prices, investment and sales, official data showed on Friday, as a mortgage boycott, widespread COVID lockdo...
Sep 15, 2022
Dollar holds ground ahead of Fed, yuan under pressure
By Rae Wee SINGAPORE (Reuters) - The dollar eased from multi-year highs on Friday after a strong rally earlier in the week, though expectations that the Federal Reserve would need to hike more to keep...
Sep 15, 2022
Uber investigating computer network breach- NYT
(Reuters) -Uber Technologies Inc's computer network was breached on Thursday leading it to take several internal communications and engineering systems offline, the New York Times reported. Uber staff...
Sep 15, 2022
Oil extends losses on recession fears
By Sonali Paul MELBOURNE (Reuters) - Oil prices dipped in early trade on Friday, extending the week's losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes...
Sep 15, 2022
Australia’s central bank says closer to normalising rates, hints at 2.5-3.5% range
By Wayne Cole and Stella Qiu SYDNEY (Reuters) -Australia's top central banker on Friday said interest rates are closer to normalisation after a successive run of outsized hikes, although he warned rat...
Sep 15, 2022
Peoria, IL, USA
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