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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
Australia’s Star Entertainment swings to loss as COVID-19 shut-down bites
(Reuters) -Australian casino operator Star Entertainment Group swung to an annual loss on Monday, hurt by long spells of COVID-19-led property and border closures and regulatory reviews. Since last ye...
Syndicated Content Aug 21, 2022
Nepali Sherpa sets climbing record on Pakistan mountain
By Gopal Sharma KATHMANDU (Reuters) - A 47-year-old Nepali sherpa has set a climbing record by scaling all the world's 14 peaks that are higher than 8,000 metres (26,247 ft) for a second time, his age...
Syndicated Content Aug 21, 2022
Georgia jury awards $1.7 billion in Ford truck crash case- AP
(Reuters) - A jury in Gerogia has returned a $1.7 billion verdict against Ford Motor Co involving a pickup truck crash that claimed the lives of a couple, the AP reported on Sunday. James Butler Jr., ...
Syndicated Content Aug 21, 2022
New Zealand’s government transfers Kiwibank assets to new company
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's government said on Monday it had transferred Kiwibank's assets to a new state-owned company, since the lender no longer fit within the long-term pl...
Syndicated Content Aug 21, 2022
Peoria, IL, USA
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