Category Archives:
S&P lowers Bangladesh’s outlook to negative from stable
(Reuters) - S&P Global Ratings on Tuesday lowered Bangladesh's outlook to negative from stable, citing risks its external liquidity position could deteriorate in the next year, while foreign exchange ...
Jul 24, 2023
JPMorgan ignored Epstein’s ‘nymphettes,’ US Virgin Islands says
NEW YORK (Reuters) - The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced la...
Jul 24, 2023
China’s property shares rally after Beijing pledges economic support
By Clare Jim HONG KONG (Reuters) - Shares of China's property developers surged on Tuesday following a sharp selloff in the previous session, after policymakers said they would step up support for the...
Jul 24, 2023
China state banks seen selling US dollars to prop up yuan -sources
SHANGHAI/BEIJING (Reuters) -China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with dire...
Jul 24, 2023
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
JAKARTA (Reuters) - Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is sti...
Jul 24, 2023
Vietnam aims to raise annual raw rare earths output to 2 million t/yr by 2030
By Khanh Vu HANOI (Reuters) - Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030, according to a government plan reviewed by Reuters, as the...
Jul 24, 2023
Philippine central bank ready to resume policy tightening if needed
MANILA (Reuters) - The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge, central bank officials said on Tuesday. Bangko Sentral ng Pili...
Jul 24, 2023
The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter name
By Blake Brittain (Reuters) - Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to...
Jul 24, 2023
Asia shares rally after China pledges economic support steps
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares jumped on Tuesday as China's pledge to step up policy support for its stuttering economy soothed sentiment and lifted beaten down Hong Kong and Chi...
Jul 24, 2023
TSMC to invest nearly $2.9 billion to build advanced chip plant in Taiwan – media
TAIPEI (Reuters) - Taiwanese chip maker TSMC plans to invest nearly T$90 billion ($2.87 billion) to build an advanced chip testing and packaging facility in Taiwan's northern county of Miaoli, accordi...
Jul 24, 2023
Peoria, IL, USA
60 °F Partly cloudy
