Category Archives:
Asian stocks sink, yields rise as markets brace for aggressive Fed
By Kevin Buckland TOKYO (Reuters) - Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in...
Sep 20, 2022
Australia’s central bank has equity wiped out by billions in bond losses
By Wayne Cole SYDNEY (Reuters) -Australia's central bank on Wednesday said its equity had been wiped out by losses suffered on pandemic-era bond buying, but its ability to create money meant it was no...
Sep 20, 2022
Trump ally sues U.S. Justice Department, demands return of seized cellphone
(Reuters) - My Pillow Inc's chief executive, Mike Lindell, an ally of former President Donald Trump, sued the U.S. Justice Department on Tuesday seeking the return of his cellphone, which FBI agents s...
Sep 20, 2022
Boeing to slash nearly 150 finance jobs in U.S
(Reuters) - Planemaker Boeing Co said on Tuesday it plans to cut about 150 finance jobs in the United States this year to simplify its corporate structure and focus more resources into manufacturing a...
Sep 20, 2022
China’s Guoxuan High-tech unit eyes $3.6 billion Michigan plant, 2,000 jobs -Detroit News
(Reuters) - Chinese battery maker Guoxuan High Tech Co's U.S. subsidiary is planning a development in Michigan that could draw up to $3.6 billion in investment and 2,000 new jobs, the Detroit News rep...
Sep 20, 2022
Tencent Music shares open at HK$18 each in Hong Kong debut
By Scott Murdoch and Donny Kwok HONG KONG (Reuters) -China's Tencent Music Entertainment Group shares started trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday. The o...
Sep 20, 2022
Dollar ascendant as investors gear up for Fed
By Rae Wee SINGAPORE (Reuters) - The dollar hovered near a two-decade peak against a basket of currencies on Wednesday, after yields on U.S. Treasuries leaped ahead of an interest rate decision that i...
Sep 20, 2022
Mexico declares Otomi site first ancient monument in a decade
By Sarah Morland MEXICO CITY (Reuters) - An ancient Mexican site more than 1,000 years old has been declared the country's first archaeological zone in a decade, antiquities institute INAH announced o...
Sep 20, 2022
S.Korea 20-day exports fall on holiday effects, slow global economy
SEOUL (Reuters) - South Korea's exports fell 8.7% in the first 20 days of September from the same period a year earlier due to holiday effects and amid signs of slowing growth in major trading partner...
Sep 20, 2022
Oil prices extend losses on fears aggressive Fed rate hike will curb demand
By Yuka Obayashi TOKYO (Reuters) - Oil prices slid on Wednesday, extending the previous day's losses, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve that t...
Sep 20, 2022
Peoria, IL, USA
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