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May 25, 2022
South Korea Steps Up Inflation Fight With Back-to-back Rate Hikes
By Cynthia Kim and Joori Roh SEOUL (Reuters) – South Korea’s central bank on Thursday delivered back-to-back interest rate hikes…
Philippines’ Marcos Names New Finance Chief And Central Bank Governor
MANILA (Reuters) – Philippine President-elect Ferdinand Marcos on Thursday announced the current central bank governor Benjamin Diokno would be his…
Australia’s Qantas Fine-tunes Capacity As Demand Jumps, Fuel Prices Surge
(Reuters) -Australia’s Qantas Airways signalled changes to domestic capacity and fares on Thursday to counter surging fuel prices, saying that…
Apple Hikes Pay Budget For U.S. Workers – WSJ
(Reuters) – Apple Inc is raising the overall compensation budget for its U.S. employees amid broadening inflationary pressures and a…
Sony To Ramp Up PS5 Production And Broaden Games Portfolio
By Sam Nussey TOKYO (Reuters) -Sony Group Corp said it plans to ramp up production of its PlayStation 5 console…
Japan To Urge Moving Ahead With ‘green’ GDP Indicator – Draft
By Takaya Yamaguchi TOKYO (Reuters) – Japan plans to call for moving ahead with a new “green” gross domestic product…
Japan’s Corporate Service Prices Rise At Fastest Pace In Over 2 Years
TOKYO (Reuters) – An index measuring prices Japanese firms charge each other for services rose in April at the fastest…
Twitter to pay $150M penalty over privacy of users’ data
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations…
Australia’s Housing Boom To Deflate As Mortgage Rates Rise: Reuters Poll
By Vivek Mishra BENGALURU (Reuters) – Rampant rises in Australian house prices will grind almost to a halt this year,…
Global Automakers Face Electric Shock In China
By Norihiko Shirouzu BEIJING (Reuters) – If global automakers think they can extend their dominance in China into the electric…