Category Archives:
Oil prices hold steady as Russia-Ukraine tensions cool
By Chen Aizhu SINGAPORE (Reuters) - Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a tau...
Feb 15, 2022
China to work with Asian peers to boost use of local currencies in trade
BEIJING (Reuters) - China will work with Indonesia and other Asian countries to promote the use of local currencies in trade and investment, the People's Bank of China Governor Yi Gang said on Wednesd...
Feb 15, 2022
Indonesia central bank targets 10% rise in local currency settlements in 2022
JAKARTA (Reuters) - Indonesia's central bank is targeting a 10% increase in the value of trade and investment transactions settled using local currencies this year under agreements with other Asian ce...
Feb 15, 2022
BOJ may suffer losses in event it exits easy policy, says governor Kuroda
TOKYO (Reuters) - The Bank of Japan could temporarily suffer losses on its huge asset holdings if it were to end its ultra-loose monetary policy, governor Haruhiko Kuroda said on Wednesday. The BOJ ho...
Feb 15, 2022
Singapore’s Funding Societies raises $144 million in SoftBank-led round
SINGAPORE (Reuters) - Funding Societies, a Southeast Asian digital financing platform, has raised $144 million in a funding round, led by SoftBank Group Corp's SoftBank Vision Fund 2, as it expands fu...
Feb 15, 2022
Japan must respond to damage from rising prices, says Finance Minister Suzuki
TOKYO (Reuters) - Japan's government must respond to any damage recent rising prices inflict on consumption and the economy, Finance Minister Shunichi Suzuki said on Wednesday. "While the recent rises...
Feb 15, 2022
China-U.S. monetary policy divergence aids yuan stability – ex-regulator
SHANGHAI (Reuters) - Increasingly divergent monetary policies between China and the United States would help rein in an excessive rise in the yuan by reducing foreign money inflows, a former Chinese f...
Feb 15, 2022
Airbus finalises deal to sell seven A350 freighters to Singapore Airlines
SINGAPORE (Reuters) - Airbus SE said on Wednesday it has finalised a deal to sell seven A350 freighters to Singapore Airlines , in a deal that would make it the first airline to operate the new model....
Feb 15, 2022
Japan consumers’ expected inflation rate rises to record 2.43% in Feb -govt survey
(Corrects day of the week in first paragraph) TOKYO (Reuters) - Japanese consumers' one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs Agency survey showed on Wedne...
Feb 15, 2022
CNN ends probe into Cuomo issues, exec Gollust to depart
(Reuters) - CNN executive Allison Gollust has resigned from the company following an internal investigation that found violations of policy by her and others, WarnerMedia Chief Executive Jason Kilar s...
Feb 15, 2022
Peoria, IL, USA
89 °F Sunny
