Category Archives:
China’s consumer inflation slows to over 2-year low, factory gate deflation deepens
BEIJING (Reuters) - China's consumer prices rose at the slowest pace in more than two years in April, while factory gate deflation deepened, data showed on Thursday, suggesting more stimulus may be ne...
May 10, 2023
GM, VW face idled capacity risk in China without faster EV transition -Greenpeace
SHANGHAI/BERLIN (Reuters) - Automakers including Volkswagen and General Motors could have considerable unused production capacity for conventionally powered vehicles in China by 2030 if they do not sp...
May 10, 2023
Dollar sinks versus yen with US yields depressed after CPI
By Kevin Buckland TOKYO (Reuters) - The dollar sank for a second day against the yen on Thursday, feeling the pressure from lower U.S. Treasury yields after slowing inflation gave traders more confide...
May 10, 2023
Chile’s senate approves mining royalty bill, passes to final vote
SANTIAGO (Reuters) -Chile's senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber for a final vote that could come as early as next week. Chile is t...
May 10, 2023
Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent
By Archishma Iyer (Reuters) - Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion merger with U.S- based Livent to create the third-largest producer of...
May 10, 2023
Trump says he will pardon many involved in Jan. 6 attack
By Nathan Layne (Reuters) - Former President Donald Trump again refused to acknowledge that he lost the 2020 election and said he would pardon many supporters convicted for their involvement in the Ja...
May 10, 2023
Oil prices rise on strong fuel demand data
By Laura Sanicola (Reuters) - Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world's biggest oil producer a...
May 10, 2023
Top shareholder Toyota ‘quite positive’ on Allkem-Livent tie-up – Allkem
MELBOURNE (Reuters) - Top Allkem Ltd shareholder Toyota is "quite positive" about a $10.6 billion tie-up plan with U.S.-based lithium chemicals maker Livent Corp, Allkem's CEO said on Thursday as shar...
May 10, 2023
Grupo Mexico nearing $7 billion deal for Citi’s Banamex unit – source
By Andres Gonzalez (Reuters) - Conglomerate Grupo Mexico is set to buy Citigroup Inc's retail banking operations in Mexico for about $7 billion in a deal that could be announced as early as this week,...
May 10, 2023
BOJ debated progress in hitting price goal at Ueda’s debut meeting
By Leika Kihara (Reuters) -Some Bank of Japan (BOJ) policymakers saw the country making progress towards sustainably hitting the bank's 2% inflation target, a summary of opinions at its April meeting ...
May 10, 2023
Peoria, IL, USA
49 °F Light Rain, Mist
