Category Archives:
Japan intervened in forex market to stem weak yen – top currency diplomat Kanda
TOKYO (Reuters) - The Japanese government has intervened in the foreign exchange market to sell dollars for yen to stem the Japanese currency's recent sharp falls, top currency diplomat Masato Kanda s...
Sep 22, 2022
Britain lifts ban on fracking for shale gas
LONDON (Reuters) -Britain on Thursday formally lifted a moratorium on fracking for shale gas that has been in place since 2019, saying strengthening the country's energy supply was an "absolute priori...
Sep 22, 2022
Philippine cbank hikes rates again, raises inflation forecast
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it was ready to take furt...
Sep 22, 2022
Norway hikes rate by 50 basis points, will likely raise again in Nov
OSLO (Reuters) - Norway's central bank raised its benchmark interest rate by 50 basis points on Thursday, as expected by most economists, and said it plans to hike again in November. Norges Bank's mon...
Sep 22, 2022
Old woes and new: business turmoil awaits Italy’s election winner
By Gavin Jones and Angelo Amante TERNI, Italy (Reuters) - Inflation, looming recession and impossibly high energy bills are among the daunting economic problems awaiting whoever wins Italy's election ...
Sep 22, 2022
SNB to use SNB bills and repo transactions to absorb liquidity – Maechler
ZURICH (Reuters) - The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to the now positive policy ...
Sep 22, 2022
New York still top, Moscow sinks in finance centre ranking
By Huw Jones LONDON (Reuters) - New York remains far and away the world's most favoured financial centre, with London still second and Singapore overtaking Hong Kong to come in third, latest rankings ...
Sep 22, 2022
Toyota to produce 800,000 vehicles in October, weighed by chips shortage
TOKYO (Reuters) - Toyota Motor Corp said on Thursday it was planning to produce about 800,000 vehicles worldwide in October, about 100,000 short of the average monthly production plan presented earlie...
Sep 22, 2022
Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO
PARIS (Reuters) - French carmaker Renault will reach its target of having an 80% integrated electric vehicle (EV) chain before its initial date of 2030, said Renault chief executive Luca de Meo. De Me...
Sep 22, 2022
Swiss National Bank hikes interest rate by 75 basis points
ZURICH (Reuters) - The Swiss National Bank raised its policy interest rate by 0.75 percentage point on Thursday - only the second increase in 15 years - and said it could not rule out more hikes as it...
Sep 22, 2022
Peoria, IL, USA
50 °F Partly cloudy
