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Dollar hits 6-mth high versus yen on higher-for-longer US rate expectations
By Rae Wee SINGAPORE (Reuters) - The dollar touched a six-month high against the yen on Tuesday as expectations grew that U.S. rates will remain higher for longer and as the debt ceiling impasse kept ...
Syndicated Content May 22, 2023
Japan fiscal 2022 real wages fall most in 8 years as inflation bites
TOKYO (Reuters) - Japan's inflation-adjusted real wages fell the most in eight years in the fiscal 2022 year, government data showed on Tuesday, as the rising cost of living overwhelmed workers' nomin...
Syndicated Content May 22, 2023
Mexico’s Puebla airport halts flights due to falling volcanic ash
MEXICO CITY (Reuters) - Mexico's Puebla airport suspended flights on Monday due to falling volcanic ash on its runways, the state's Governor Sergio Salomon wrote on Twitter, as activity from the nearb...
Syndicated Content May 22, 2023
Bank of Korea to hold rates until end of September, cut in Q4- Reuters poll
By Anant Chandak BENGALURU (Reuters) - The Bank of Korea will keep interest rates unchanged for a third time on Thursday to assess the impact of previous hikes on inflation and economic growth, accord...
Syndicated Content May 22, 2023
Japan’s factory activity expands for first time in 7 months- PMI
TOKYO (Reuters) - Japan's manufacturing activity expanded for the first time in seven months in May, while the service-sector hit record growth, a survey showed on Tuesday, as the post-COVID recovery ...
Syndicated Content May 22, 2023
SoftBank Investment Advisers exploring structured credit fund – source
(Reuters) - SoftBank Investment Advisers, which manages Vision Fund, is exploring starting a structured credit fund seeking mid-teens return to give tech startups more liquidity options, a person fami...
Syndicated Content May 22, 2023
The Weeknd, Lily-Rose Depp draw screaming fans to ‘The Idol’ premiere
CANNES (Reuters) - "The Idol," HBO's much-hyped new series from the creator of "Euphoria" that bills itself as the "sleaziest love story in all of Hollywood," premiered at the Cannes Film Festival on ...
Syndicated Content May 22, 2023
Judge tosses some claims in Abbott baby formula litigation
By Jonathan Stempel (Reuters) - Abbott Laboratories persuaded a federal judge to dismiss some claims in nationwide litigation over recalled baby formula. In a decision on Monday, U.S. District Judge M...
Syndicated Content May 22, 2023
3M CEO must attend mediation in earplug litigation, judge rules
By Dietrich Knauth (Reuters) - A federal judge has ordered 3M Co CEO Michael Roman to attend mediation aimed at resolving nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing loss...
Syndicated Content May 22, 2023
Marketmind: PMIs could knock stocks off highs
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Creeping optimism that a deal will be reached over the U.S. debt ceiling standoff looks to be just about eno...
Syndicated Content May 22, 2023
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