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Asian stocks sink on debt ceiling jitters
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares fell to a two-month low on Thursday, and the U.S. dollar rose as the impasse in negotiations to raise the U.S. debt ceiling kept investors wary of ...
Syndicated Content May 24, 2023
Dollar ascendant amid resilient US economy, haven demand
By Kevin Buckland TOKYO (Reuters) - The dollar pushed to a two-month high against the euro and a six-month peak versus the yen on Thursday, as a resilient U.S. economy led traders to pare their bets o...
Syndicated Content May 24, 2023
Sony says to buy land in Kumamoto, Japan for image sensor production
TOKYO (Reuters) - Sony Group Corp said on Thursday its semiconductor subsidiary would buy land in the southern Japanese prefecture of Kumamoto to produce image sensors. (Reporting by Sam Nussey; Editi...
Syndicated Content May 24, 2023
Australia says it cannot cancel existing PwC contracts given legal constraints
SYDNEY (Reuters) - Australia said on Thursday it cannot cancel existing contracts with auditor PricewaterhouseCoopers (PwC), which is embroiled in a scandal involving leaking confidential government t...
Syndicated Content May 24, 2023
Australia’s Treasury Wine Estates flags inflation headwinds, shares drop
(Reuters) - Australia's Treasury Wine Estates warned on Thursday that inflation was squeezing demand for its commercial-grade wine and driving up packaging costs, sending its shares nearly 8% lower. T...
Syndicated Content May 24, 2023
BOJ may abandon bond yield cap this year – govt panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan (BOJ) may abandon a controversial bond yield cap this year if risks clouding the outlook, such as global banking sector woes, subs...
Syndicated Content May 24, 2023
Takeaways from DeSantis launching White House bid in messy Twitter event
By Tim Reid (Reuters) - Florida Governor Ron DeSantis entered the battle for the 2024 presidential election during a chaotic, glitch-filled online forum on Twitter hosted by its billionaire owner, Elo...
Syndicated Content May 24, 2023
Bank of Korea holds fire again on rates, trims growth forecast
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) - South Korea's central bank held interest rates steady for a third meeting on Thursday, as expected, after a 1-1/2-year-long tightening cycle and as bot...
Syndicated Content May 24, 2023
Exclusive-Icahn poised to win at least one seat on Illumina’s board -sources
By Svea Herbst-Bayliss and Greg Roumeliotis NEW YORK (Reuters) -Activist investor Carl Icahn is set to win enough Illumina Inc shareholder support to install at least one of his three nominees to the ...
Syndicated Content May 24, 2023
Oil prices fall on US debt uncertainty
By Laura Sanicola (Reuters) - Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ produc...
Syndicated Content May 24, 2023
Peoria, IL, USA
37 °F Sunny
