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Rising rates, price slump deal double blow to Hong Kong homeowners
By Clare Jim HONG KONG (Reuters) - When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain by the summer as Hong ...
Syndicated Content Sep 22, 2022
Yen jumps as Japan intervenes in currency market for first time since 1998
LONDON (Reuters) - The Japanese yen rose sharply against the dollar on Thursday after Japanese authorities intervened in the forex market for the first time since 1998 to shore up the battered yen. Th...
Syndicated Content Sep 22, 2022
Japan intervened in forex market to stem weak yen – top currency diplomat Kanda
TOKYO (Reuters) - The Japanese government has intervened in the foreign exchange market to sell dollars for yen to stem the Japanese currency's recent sharp falls, top currency diplomat Masato Kanda s...
Syndicated Content Sep 22, 2022
Britain lifts ban on fracking for shale gas
LONDON (Reuters) -Britain on Thursday formally lifted a moratorium on fracking for shale gas that has been in place since 2019, saying strengthening the country's energy supply was an "absolute priori...
Syndicated Content Sep 22, 2022
Philippine cbank hikes rates again, raises inflation forecast
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it was ready to take furt...
Syndicated Content Sep 22, 2022
Norway hikes rate by 50 basis points, will likely raise again in Nov
OSLO (Reuters) - Norway's central bank raised its benchmark interest rate by 50 basis points on Thursday, as expected by most economists, and said it plans to hike again in November. Norges Bank's mon...
Syndicated Content Sep 22, 2022
Old woes and new: business turmoil awaits Italy’s election winner
By Gavin Jones and Angelo Amante TERNI, Italy (Reuters) - Inflation, looming recession and impossibly high energy bills are among the daunting economic problems awaiting whoever wins Italy's election ...
Syndicated Content Sep 22, 2022
SNB to use SNB bills and repo transactions to absorb liquidity – Maechler
ZURICH (Reuters) - The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to the now positive policy ...
Syndicated Content Sep 22, 2022
New York still top, Moscow sinks in finance centre ranking
By Huw Jones LONDON (Reuters) - New York remains far and away the world's most favoured financial centre, with London still second and Singapore overtaking Hong Kong to come in third, latest rankings ...
Syndicated Content Sep 22, 2022
Toyota to produce 800,000 vehicles in October, weighed by chips shortage
TOKYO (Reuters) - Toyota Motor Corp said on Thursday it was planning to produce about 800,000 vehicles worldwide in October, about 100,000 short of the average monthly production plan presented earlie...
Syndicated Content Sep 22, 2022
Peoria, IL, USA
38 °F Partly cloudy
