Category Archives:
Australia’s top central banker apologises for past rate guidance
SYDNEY (Reuters) - The head of Australia's central bank on Monday apologised to people who regretted taking out mortgages last year based on his guidance that interest rates were unlikely to rise unti...
Nov 27, 2022
India’s economy likely slowed to annual 6.2% in July-Sept: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) - The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after double-digit expansion in the previous quarter, but weaker e...
Nov 27, 2022
Hyundai Motor, LGES consider building two JV battery plants in U.S. -report
SEOUL (Reuters) - South Korea's Hyundai Motor Co and LG Energy Solution Ltd (LGES) are considering building two joint venture battery plants in the United States, a local online news outlet reported o...
Nov 27, 2022
China poses increasing threat in military space race, top U.S. general says
By Alasdair Pal SYDNEY (Reuters) - Rapid advancements in China's military capabilities pose increasing risks to American supremacy in outer space, the head of the United States military's space wing s...
Nov 27, 2022
Japan’s Kishida rules out changing policy agreement with BOJ
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida on Monday brushed aside the chance of adding wage growth as a new monetary policy goal the government and t...
Nov 27, 2022
Hong Kong Oct home prices drop 2.4%, biggest fall in 4 years
HONG KONG (Reuters) - Hong Kong private home prices fell 2.4% in October, the biggest drop since November 2018, official data showed on Monday, dragged down by worsening market sentiment amid a pessim...
Nov 27, 2022
Small plane crash causes mass power outages near Washington
By Tim Reid (Reuters) - A small plane crashed into high-voltage electricity lines about 30 miles north of Washington, D.C. on Sunday, causing mass power outages, with rescue services working into the ...
Nov 27, 2022
Winding-up lawsuit against Evergrande in Hong Kong adjourned to March 20
HONG KONG (Reuters) - Hong Kong's High Court on Monday adjourned a winding-up lawsuit against China Evergrande Group to March 20, 2023 to enable the embattled Chinese property developer to firm up its...
Nov 27, 2022
Indonesia extends loan relief for some pandemic-hit sectors
JAKARTA (Reuters) - Indonesia has extended loan forbearance for businesses such as accommodation as well as the textile and footwear industries that are yet to recover from the impact of the COVID-19 ...
Nov 27, 2022
NZ faces ‘shallow’ recession as rates need to rise more – senior central banker
By Stella Qiu SYDNEY (Reuters) - New Zealand is likely facing a "shallow" recession as interest rates need to rise further to tame inflation, a top central banker said on Monday, suggesting that a pau...
Nov 27, 2022
Peoria, IL, USA
40 °F Sunny
