Category Archives:
Oil gains on Russian supply cut worries, but higher U.S. inventories weigh
By Andrew Hayley BEIJING (Reuters) - Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude f...
Feb 23, 2023
TSMC plans second Japan factory to make higher-end chips -media
TOKYO (Reuters) - Taiwan Semiconductor Manufacturing Co plans to construct a second chip plant in Japan to manufacture 5 and 10 nanometre chips from the second half of the decade, the Nikkan Kogyo new...
Feb 23, 2023
Seven shot in Philadelphia, including 2-year-old and four teens
(Reuters) - Seven people, including a 2-year-old child and four teenagers, were shot and wounded at a Philadelphia street corner, the city's police chief said on Thursday. The 2-year-old's mother was ...
Feb 23, 2023
Dollar steady on higher-for-longer rates outlook; yen volatile
By Ankur Banerjee SINGAPORE (Reuters) - The dollar held firm on Friday as investors braced for U.S. interest rates to be higher for longer, while the yen was volatile, with incoming Bank of Japan Gove...
Feb 23, 2023
Asian markets breathe sigh of relief amid Ueda hearing
By Stella Qiu SYDNEY (Reuters) - Asian markets breathed a sigh of relief on Friday as the incoming head of Japan's central bank soothed fears of an early end to super-easy monetary policy, nudging bon...
Feb 23, 2023
IMF lays out crypto action plan, recommends against legal tender status
By Marc Jones LONDON (Reuters) - The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurr...
Feb 23, 2023
JPMorgan’s Dimon says U.S. interest rates could hit 6% -CNBC
(Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon expects U.S. interest rates could hit 6%, he said in an interview with CNBC on Thursday. The Federal Reserve quickly caught up to out-of-con...
Feb 23, 2023
Ford names Sam Wu as new China chief
(Reuters) -Ford Motor Co said on Thursday it has promoted Sam Wu to head up its China business as the U.S. automaker seeks to reverse a more than five-year sales slump in the world's largest auto mark...
Feb 23, 2023
New BOJ Governor nominee Ueda’s comments at parliamentary hearing
TOKYO (Reuters) - Japan's lower house of parliament is conducting confirmation hearings on the government's nominee for the new central bank governor, Kazuo Ueda, on Friday. Following are excerpts fro...
Feb 23, 2023
Incoming BOJ chief Ueda says current low rates appropriate
(Reuters) - Incoming Bank of Japan (BOJ) Governor Kazuo Ueda said on Friday it was appropriate to maintain ultra-loose monetary policy as inflation has yet to sustainably and steadily meet the central...
Feb 23, 2023
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