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BOJ’s Kuroda warns of high economic uncertainty, repeats easy policy bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of "very high uncertainty" over the economic outlook and stressed anew the central bank's readiness to ra...
Jul 11, 2022
STMicroelectronics and GlobalFoundries confirm major new France investment
PARIS (Reuters) - Chipmaker STMicroelectronics and U.S. peer GlobalFoundries announced on Monday plans for a new site in France, which they said would create around 1,000 new jobs and support Europe's...
Jul 11, 2022
BOJ upgrades view on most regional Japan areas as pandemic impact fades
TOKYO (Reuters) - The Bank of Japan raised its economic assessment for seven of the country's nine regions on Monday, saying most areas were seeing damage from the COVID-19 pandemic subside. "Most reg...
Jul 11, 2022
Ships get older and slower as emissions rules bite
By Sarah McFarlane LONDON (Reuters) - If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenh...
Jul 11, 2022
Inflation fatigue? Bond investors latch on to disinflation
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the stee...
Jul 11, 2022
Texas grid operator warns of potential rolling blackouts on Monday
HOUSTON (Reuters) - The Electric Reliability Council of Texas (ERCOT), which operates the state of Texas' electric power grid, on Sunday warned of the potential for rolling blackouts on Monday. The st...
Jul 10, 2022
Exclusive: U.S. weighs possible resumption of offensive arms sales to Saudis – sources
By Matt Spetalnick, Aziz El Yaakoubi and Mike Stone WASHINGTON/RIYADH (Reuters) - The Biden administration is discussing the possible lifting of its ban on U.S. sales of offensive weapons to Saudi Ara...
Jul 10, 2022
Bank of Korea to hike rates by historic 50 bps – Reuters poll
By Shaloo Shrivastava and Cynthia Kim (Reuters) - South Korea's central bank will deliver its first-ever 50 basis point rate rise to 2.25% on Wednesday, turning up the heat on a rate-hiking campaign a...
Jul 10, 2022
Oil mixed as market weighs tight supply against recession jitters
By Sonali Paul MELBOURNE (Reuters) - Oil prices were unsteady on Monday, with Brent trading higher on supply concerns while West Texas Intermediate (WTI) dipped, as traders balanced supply concerns ag...
Jul 10, 2022
U.S. Senate majority leader Schumer tests positive for COVID-19
(Reuters) - U.S. Senate Majority Leader Chuck Schumer, the most senior Democrat in the chamber, has tested positive for the coronavirus and has very mild symptoms, a spokesperson said on Sunday. "The ...
Jul 10, 2022
Peoria, IL, USA
55 °F Sunny
