Sri Lanka halts debt repayment pending IMF bailout plan
COLOMBO, Sri Lanka (AP) — Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowing, pending…
April 2022
Sri Lanka Unilaterally Suspends External Debt Payments, Says Needs Money For Essentials
By Uditha Jayasinghe and Jorgelina do Rosario COLOMBO/LONDON (Reuters) -Sri Lanka’s central bank said on Tuesday it had become “challenging…
Bosch Halts Production At Two China Plants Due To COVID Curbs
SHANGHAI (Reuters) -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese…
S.Korea’s SK Weighs Investing In Small Nuclear Reactors, Eyes Bill Gates’ TerraPower
By Joyce Lee and Byungwook Kim (Reuters) – South Korea’s SK Group said on Tuesday it was mulling investments in…
Asian shares mostly rise on interest rate, inflation hopes
TOKYO (AP) — Asian shares were mostly higher Wednesday on hopes that the curbs on U.S. interest rates may moderate…
Collateral Damage
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker…
Online Food Company Just Eat Takeaway.com Partners With Grocer Ahold In Netherlands
AMSTERDAM (Reuters) – Just Eat Takeaway.com, Europe’s largest online food ordering service, said on Tuesday it will partner with grocer…
Dollar Holds Steady Ahead Of Expected Red-hot U.S. Inflation Data
By Alun John HONG KONG (Reuters) – The dollar index held firm on Tuesday, supported by high U.S. yields ahead…
Cryptoverse: 10 Billion Reasons Bitcoin Could Become A Reserve Currency
By Lisa Pauline Mattackal and Medha Singh (Reuters) – A crypto platform’s pledge to amass $10 billion worth of bitcoin…
Oil Rises As Shanghai Eases Some COVID Curbs, OPEC Warns Of Tight Supply
By Mohi Narayan (Reuters) -Oil prices climbed on Tuesday as fears of a demand downturn in China eased after Shanghai…