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Euro under pressure as inflation fears send investors to dollar haven
By Rae Wee and Alun John SINGAPORE/HONG KONG (Reuters) - The euro struggled to regain a footing on Thursday, having tumbled overnight against a resurgent U.S. dollar, which benefited from safe-haven d...
Syndicated Content Jun 29, 2022
Samsung Elec starts 3-nanometre chip production to lure new foundry customers
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients ...
Syndicated Content Jun 29, 2022
Asian shares end quarter in sombre mood, dollar on high
By Wayne Cole SYDNEY (Reuters) - Asian shares were ending a rough quarter in a sombre mood on Thursday amid fears central banks' cure for inflation will end up sickening the global economy, though it ...
Syndicated Content Jun 29, 2022
China’s factory activity expands for first time in four months- official PMI
BEIJING (Reuters) - China's factory activity expanded for the first time in four months, after authorities ended the lockdown in Shanghai, although growth missed analysts' expectations, an official su...
Syndicated Content Jun 29, 2022
New Zealand business sentiment continues to weaken as supply issues dominate
WELLINGTON (Reuters) - New Zealand business sentiment fell again in June as supply-side issues continue to dominate the list of firms' biggest problems, consistent with inflation pressures that are st...
Syndicated Content Jun 29, 2022
Emerging markets face bleak outlook after stormy start to the year
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) - It's been a torrid first half for emerging market assets and with the Federal Reserve kicking off its tightening cycle amid soari...
Syndicated Content Jun 29, 2022
U.S. SEC rejects Grayscale’s spot bitcoin ETF
(Reuters) -The U.S. Securities and Exchange Commission on Wednesday rejected a proposal to list a spot bitcoin exchange-traded fund (ETF) by Grayscale, one of the world's biggest digital asset manager...
Syndicated Content Jun 29, 2022
Japan’s worst factory output slump in two years heaps pressure on economy
By Daniel Leussink TOKYO (Reuters) -Japan's factory output posted the biggest monthly drop in two years in May as China's COVID-19 lockdowns and semiconductor and other parts shortages hit manufacture...
Syndicated Content Jun 29, 2022
Aerojet investors poised to back CEO in board challenge from exec chair
By Svea Herbst-Bayliss BOSTON (Reuters) - Aerojet Rocketdyne shareholders are poised to elect a group of directors headed by the company's chief executive in a bitterly fought election where the compa...
Syndicated Content Jun 29, 2022
Oil prices stable as market weighs fuel stocks build amid supply concerns
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices were little changed on Thursday as markets weighed a rise in U.S. gasoline and distillate inventories and worries about slower economic growth amid ...
Syndicated Content Jun 29, 2022

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