Category Archives:
Yen rises on report of Japan govt move for more flexible inflation target
By Rae Wee SINGAPORE (Reuters) - The yen climbed on Monday on news that the Japanese government is set to revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target, pote...
Dec 18, 2022
Oil climbs on optimism over China’s demand recovery
By Florence Tan SINGAPORE (Reuters) - Oil prices reclaimed ground on Monday after tumbling more than $2 a barrel in the previous session as optimism from China's reopening and oil demand recovery outw...
Dec 18, 2022
Chinese business confidence lowest in almost a decade – survey
BEIJING (Reuters) - China's business confidence hit its lowest level since at least January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on econo...
Dec 18, 2022
Defense firm L3Harris to buy Aerojet for $4.7 billion with eye on missile demand
(Reuters) - U.S. defense contractor L3Harris Technologies Inc said on Sunday it would buy Aerojet Rocketdyne Holdings Inc for $4.7 billion in an all-cash transaction, as it looks to tap into rising de...
Dec 18, 2022
Renesas halts work at Beijing plant due to COVID spread
TOKYO (Reuters) - Japanese chip maker Renesas Electronics Corp suspended work at its Beijing plant from Friday for several days due to the spread of COVID-19 in the city and out of consideration for w...
Dec 18, 2022
Star Entertainment dives on NSW govt’s proposal to reform casino tax rates
(Reuters) - Shares in Australia's Star Entertainment Group tumbled nearly 12% on Monday, after the New South Wales (NSW) government proposed to raise taxes on casino poker machine operators in the sta...
Dec 18, 2022
Three dozen injured when flight to Hawaii hits severe turbulence, reports say
(Reuters) - Some three dozen people were injured, 11 of them seriously, on Sunday when a Hawaiian Airlines flight to Honolulu was hit by severe turbulence, local media reported. Emergency responders t...
Dec 18, 2022
BOJ must eye rate hike, shift to more flexible policy, says ex-deputy governor
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) must make its monetary policy framework more flexible and stand ready to raise its long-term interest rate target next year if the economy can...
Dec 18, 2022
Investors ramp up pressure on Big Oil firms to set 2030 climate targets
By Ron Bousso LONDON (Reuters) - A group of investors has tabled resolutions urging four of the world's top oil and gas companies to set broad climate targets for 2030, reviving pressure on the sector...
Dec 18, 2022
South Korea’s economic slump to bottom in H1 2023 – finance minister
SEOUL (Reuters) - South Korea's finance minister said on Monday the economy is slowing at a more rapid pace than previously expected and would bottom in the first half of next year. "Our economy's gro...
Dec 18, 2022
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