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Australia employment climbs 32,600 in June, again beats forecasts
SYDNEY (Reuters) -Australia employment handily beat expectations for a second straight month in June, while the jobless rate stayed near 50-year lows in a sign the labour market remained drum-tight an...
Syndicated Content Jul 19, 2023
Bank Indonesia rates on hold for rest of year, cut in Q1 2024 – Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) - Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% next week and leave it there for the rest of the year as inflation is set t...
Syndicated Content Jul 19, 2023
China keeps lending benchmarks unchanged; economic weakness tests policymakers
SHANGHAI/SINGAPORE (Reuters) -China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as signs of a faltering economic rec...
Syndicated Content Jul 19, 2023
Sterling takes a beating; dollar gains ground
By Rae Wee SINGAPORE (Reuters) - Sterling was struggling to recover from a sharp fall on Thursday following UK inflation data that undershot market expectations, while the dollar regained its footing ...
Syndicated Content Jul 19, 2023
S.Korea financial watchdog gathers securities firms to manage real estate risks
SEOUL (Reuters) - South Korea's financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation against them...
Syndicated Content Jul 19, 2023
Geely truck unit, Farizon, raises $600 million in funding round
(Reuters) - China's Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement. The Hangzhou...
Syndicated Content Jul 19, 2023
Australian BNPL firm Zip’s credit performance in local market weakens further
(Reuters) - Australia's Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to poor domestic consumer credit and ...
Syndicated Content Jul 19, 2023
Oil prices open lower on dollar strength, profit-taking
By Laura Sanicola (Reuters) - Oil prices slipped in early Asian trade on Thursday, extending the previous session's losses, as the dollar strengthened and on profit-taking after U.S. crude oil stocks ...
Syndicated Content Jul 19, 2023
Factbox-What has become of Western carmakers’ assets in Russia?
By Gleb Stolyarov and Alexander Marrow (Reuters) - The Western automakers that dominated Russia's car market left following Moscow's invasion of Ukraine, leaving a slumping production and sales in the...
Syndicated Content Jul 19, 2023
Made in Russia? Chinese cars drive a revival of Russia’s auto factories
By Gleb Stolyarov and Alexander Marrow (Reuters) - The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilien...
Syndicated Content Jul 19, 2023
Peoria, IL, USA
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