Category Archives:
Toyota reports 25% drop in Q2 profit, misses estimates
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a 25% drop in second-quarter operating profit, as soaring parts and materials costs outweighed a boost in overseas revenue from the plunging Japane...
Oct 31, 2022
Indonesia inflation eases in Oct, still above central bank target
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) - Indonesia's October inflation rate came in below the expectations of officials and the market, statistics bureau data showed on Tuesday, b...
Oct 31, 2022
German industry curbed gas demand by a fifth in crisis – study
FRANKFURT (Reuters) - German industry cut its gas consumption by nearly a fifth last month, sustainability experts said on Tuesday, after a plunge in Russian gas exports sparked a continent-wide energ...
Oct 31, 2022
Australia’s central bank raises rates by 25 bp as expected
SYDNEY (Reuters) - Australia's central bank on Tuesday raised the interest rate by 25 basis points for a second straight month while revising up its inflation outlook, saying that more tightening will...
Oct 31, 2022
China property slump persists in October with falling prices, sales as COVID bites
BEIJING (Reuters) - China's property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COV...
Oct 31, 2022
China’s CIFI suspends all offshore debt payments, starts restructuring process
HONG KONG (Reuters) - Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an agreement with creditors to whic...
Oct 31, 2022
U.S. automaker Ford opens $260 million campus in Mexico
MEXICO CITY (Reuters) - U.S. automaker Ford Motor Co opened its new global technology and business center on the outskirts of Mexico's capital on Monday after a $260 million investment. The new campus...
Oct 31, 2022
Google pauses enforcement of in-house billing system in India on antitrust directive
BENGALURU (Reuters) - Alphabet Inc's Google is pausing its policy that requires app developers to use its Google Play billing system for buying digital goods and services in India, following a ruling ...
Oct 31, 2022
Asia’s factory output weakens on global slowdown, China COVID curbs
By Leika Kihara TOKYO (Reuters) - Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persisten...
Oct 31, 2022
Dollar retreats amid better risk sentiment ahead of Fed; Aussie rallies before RBA
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar eased back on Tuesday from a one-week top against a basket of major peers, as traders weighed what kind of message Federal Reserve officials will de...
Oct 31, 2022
Peoria, IL, USA
50 °F Partly cloudy
