Category Archives:
South Korea President vows to reform public enterprises
SEOUL (Reuters) - South Korea President Yoon Suk-yeol on Tuesday said the government will aggressively cut expenditure and sell assets at public enterprises to better allocate public spending for grow...
Jul 04, 2022
Yellen raises concerns of China’s ‘unfair’ economic practices in call with Liu
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen raised concerns about what the U.S. calls China's "unfair, non-market" economic practices in a call with Chinese Vice Premier Liu He, the U....
Jul 04, 2022
Two officers shot after ‘security incident’ in Philadelphia
WASHINGTON (Reuters) - Two Philadelphia police officers were shot after a "security incident" near the Benjamin Franklin Parkway as thousands of people celebrated a Fourth of July concert and firework...
Jul 04, 2022
Philippine inflation near 4-year high, cements prospect of more rate hikes
By Enrico Dela Cruz and Karen Lema MANILA (Reuters) - Philippine inflation surged to the highest level in nearly four years in June, cementing expectations for more interest rate hikes and increasing ...
Jul 04, 2022
Samsung to invest $500 million in Mexico, foreign minister says
(Reuters) - Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday. On Twitter...
Jul 04, 2022
Thai June headline CPI +7.66 y/y, beats forecast
BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) jumped 7.66% in June from a year earlier, a stronger increase than expected, driven up by higher energy prices, the commerce ministry...
Jul 04, 2022
Taiwan’s Foxconn raises full-year outlook on strong tech demand
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns ...
Jul 04, 2022
China’s June services activity expands at fastest in almost a year – Caixin PMI
BEIJING (Reuters) - China's services activity snapped three months of decline in June and grew at the fastest rate in almost a year as easing COVID curbs revived demand, although firms remained cautio...
Jul 04, 2022
Gold inches down as U.S. bond yields bounce back
(Reuters) - Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week's one-month lows reduced the appeal of non-yielding bullion, with a strong dollar also piling on. FUND...
Jul 04, 2022
Rakuten shares climb 2% on bank unit listing progress
TOKYO (Reuters) - Shares in Japan's Rakuten Group Inc climbed 2.4% on Tuesday, a day after the e-commerce firm said it has applied to list its online banking unit on the Tokyo Stock Exchange. Rakuten ...
Jul 04, 2022
Peoria, IL, USA
58 °F Sunny
