Category Archives:
Australia hopes to fend off recession despite global economic dangers-Treasurer
SYDNEY (Reuters) - The Australian economy will likely avoid a recession despite the world economy being in "a dangerous place right now", Treasurer Jim Chalmers said on Tuesday, ahead of the governmen...
Oct 10, 2022
Two Australian regulators open investigations into Optus after data breach
SYDNEY (Reuters) - Two Australian regulators said on Tuesday they have opened investigations into Optus, the country's No. 2 telecoms provider, after a breach of its systems resulted in the theft of p...
Oct 10, 2022
Debt costs overshadow climate finance in small island states-report
LONDON (Reuters) - Small developing island states heavily exposed to the effects of climate change and often in critical debt situations spend at least 18 times more on debt servicing than they receiv...
Oct 10, 2022
Fintech startup Airwallex raises $100 million, valued at $5.5 billion
(Reuters) - Fintech platform Airwallex said on Tuesday it raised $100 million in its recently closed funding round, sustaining its $5.5 billion valuation. The company said it secured more funds from e...
Oct 10, 2022
Crypto giant Coinbase gets Singapore licence
By Xinghui Kok SINGAPORE (Reuters) - Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state...
Oct 10, 2022
Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand
By Isabel Kua SINGAPORE (Reuters) - Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China increased fears ...
Oct 10, 2022
World Bank to launch new trust fund for emissions reduction grants
By David Lawder WASHINGTON (Reuters) - The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including dec...
Oct 10, 2022
Dollar gains, yen flirts with intervention levels
By Ankur Banerjee (Reuters) - The dollar loomed large over fragile financial markets on Tuesday, with worries about rising interest rates, global growth and geopolitical tensions unsettling investors,...
Oct 10, 2022
Labor Dept rule on independent contractors likely to land as early as Tuesday – sources
(Adds related content) By Nandita Bose WASHINGTON (Reuters) - A proposed Department of Labor rule defining whether workers for rideshare, retail and delivery companies are misidentified as independent...
Oct 10, 2022
Japan logs smallest current account surplus for August as imports weigh
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's current account surplus shrank to its smallest amount on record for the month of August, Ministry of Finance data showed, with surging prices of energy i...
Oct 10, 2022
Peoria, IL, USA
57 °F Sunny
