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Dollar hits 5-week high on hawkish Fed before Jackson Hole
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar index hit a fresh five-week high on Monday after another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening...
Syndicated Content Aug 21, 2022
Oil falls on concerns economic slowdown may dent fuel demand
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate hikes may lead to a global economic slowdown and dent fuel demand. Bren...
Syndicated Content Aug 21, 2022
China cuts lending benchmarks to revive stuttering economy
SHANGHAI (Reuters) -China cut its benchmark lending rates on Monday, adding to easing measures announced last week, as Beijing steps up efforts to spur credit demand in an economy hobbled by a propert...
Syndicated Content Aug 21, 2022
Toyota doubles down on its hybrid bet in India
By Aditi Shah and Norihiko Shirouzu BIDADI, India (Reuters) - Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the pr...
Syndicated Content Aug 21, 2022
RBNZ considered 25 bps and 75 bps hikes before settling on 50 bps- Hawkesby
By Lucy Craymer WELLINGTON (Reuters) - Reserve Bank of New Zealand Deputy Governor Christian Hawkesby said on Monday that policymakers had "certainly considered 25 or 75" basis point increases before ...
Syndicated Content Aug 21, 2022
Asia shares slip anew, dollar keeps rising
By Wayne Cole SYDNEY (Reuters) - Asian shares got off to a rocky start on Monday while the dollar remained in demand amid concerns most major central banks are committed to raising interest rates no m...
Syndicated Content Aug 21, 2022
Argentina names second in command of key economy ministry
BUENOS AIRES (Reuters) - Argentina's government on Sunday appointed a well-known economist and vocal critic of the policies of former President and current Vice President Cristina Fernandez de Kirchne...
Syndicated Content Aug 21, 2022
Fed to slow to 50 bps hike in September; recession worries grow: Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) - The U.S. Federal Reserve will raise rates by 50 basis points in September amid expectations inflation has peaked and growing recession worries,...
Syndicated Content Aug 21, 2022
Amazon among bidders for Signify Health – WSJ
(Reuters) - Amazon.com Inc is among bidders for healthcare company Signify Health Inc, the Wall Street Journal reported on Sunday, citing people familiar with the matter. (Reporting by Juby Babu in Be...
Syndicated Content Aug 21, 2022
As Japanese manufacturing fades, a factory town fights to stay alive
HIGASHIOSAKA, Japan (Reuters) - The small factories in the western Japanese city of Higashiosaka for decades fuelled the thundering rise of the country's biggest brands - but a weak yen and rising cos...
Syndicated Content Aug 21, 2022

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