U.S. Economy Kicks Off Second Quarter On Strong Note; Rise In Inflation Slowing
(This 27th May story corrects paragraph 14 to say “consumer prices” (not inflation), adds dropped word “since”) By Lucia Mutikani…
May 2022
How A Cheap Component Could Help Kill Off Combustion Cars
By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) – The humble wire harness, a cheap component that bundles cables together,…
Toyota Misses April Global Production Target Due To COVID, Parts Shortage
TOKYO (Reuters) -Japan’s Toyota Motor Corp on Monday said it missed its global production target for April as COVID-19 outbreaks…
Japan Q2, Full-year Growth To Be Weaker Than Previously Estimated- Reuters Poll
By Daniel Leussink TOKYO (Reuters) – Japan’s economy will grow at a weaker rate than previously thought this quarter despite…
Asian stocks rise after Wall St breaks string of declines
BEIJING (AP) — Asian stocks rose Monday after Wall Street rebounded from a seven-week string of declines and China eased…
Asia Stocks Hit 3-week Top, Dollar Struggles
By Wayne Cole SYDNEY (Reuters) – Asian stocks tracked Wall Street higher on Monday while the dollar was pinned near…
Australia’s AGL Energy Scraps Demerger Plan, CEO And Chairman To Step Down
By Sonali Paul and Harshita Swaminathan MELBOURNE (Reuters) – Australia’s top power producer AGL Energy on Monday ditched plans to…
Oil Climbs Ahead Of EU Meeting On Russia Sanctions
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose to two-month highs on Monday as traders waited to see if…
Japan’s SoftBank Cuts Borrowing From Mizuho, Goldman Sachs
By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp trimmed borrowing from its main bank Mizuho Financial Group Inc by…
Asia Stocks Edge Higher, Dollar In The Doldrums
By Wayne Cole SYDNEY (Reuters) – Asian stocks followed Wall Street higher on Monday while the dollar was pinned near…