Author Archives: Syndicated Content
Asia shares subdued, dollar on a high as Fed looms
By Wayne Cole SYDNEY (Reuters) - Asian markets were in a pensive mood on Wednesday as shell-shocked investors waited to see just how aggressive the Federal Reserve would be on rates, with many fearing...
Jun 14, 2022
Macau to sign off on 6-month casino operator licence extensions -media
HONG KONG (Reuters) - Macau's government will formally sign a six-month licence extension for casino operators in the world's largest gambling hub on June 23, local broadcaster TDM reported on Wednesd...
Jun 14, 2022
China May industrial output up 0.7% y/y, retail sales fall 6.7%; better than f'casts
BEIJING (Reuters) - China's industrial output rose 0.7% in May from a year earlier, picking up from a 2.9% decline in April, official data showed on Wednesday. The figure beat expectations of a 0.7% d...
Jun 14, 2022
Toyota, slow to move to EVs, says it offers choices to meet customer needs
TOYOTA, Japan (Reuters) - Toyota Motor Corp, under scrutiny from investors over its commitment to embrace battery electric vehicles (BEV), said on Wednesday it needed to offer a variety of choices to ...
Jun 14, 2022
Stellantis plans layoffs at Sterling Heights stamping plant in U.S.
(Reuters) - Automaker Stellantis NV said on Tuesday it will begin an indefinite layoff starting next week at its Sterling Heights stamping plant in Michigan. The world's fourth largest carmaker did no...
Jun 14, 2022
MicroStrategy says it has not received a margin call against loan
SINGAPORE (Reuters) - Software firm MicroStrategy said it has not received a margin call against its bitcoin-backed borrowing on Wednesday, and it has plenty of extra collateral to pledge if necessary...
Jun 14, 2022
Dollar towers over peers as markets bet on large Fed rate hike
By Alun John HONG KONG (Reuters) - The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve policy meeting at which markets are pricing in an outsized 7...
Jun 14, 2022
S.Korea truckers return to work after strike ends; shares in companies rise
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) - South Korea's unionised truckers were getting back on the road on Wednesday after the union and the transport ministry reached a tentative late-nig...
Jun 14, 2022
Celsius hires lawyers to restructure business after freezing withdrawals - WSJ
(Reuters) - Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial problems, th...
Jun 14, 2022
U.S. rebuffs China by calling Taiwan Strait an international waterway
WASHINGTON (Reuters) - The United States on Tuesday backed Taiwan's assertion that the strait dividing the island from the Chinese mainland is an international waterway, a further rebuff to Beijing's ...
Jun 14, 2022
