Analysis-Rare Double Whammy Hits Investors: Steep Slumps For Both Stocks And Bonds
By David Randall and John McCrank NEW YORK (Reuters) – From meme-stock enthusiasts to retirees, this year’s steep dive for…
May 2022
Citi Promotes Asia-based Banker Valderrabano As Global Wealth COO
By Selena Li HONG KONG (Reuters) – Citi has appointed Valentin Valderrabano as its new chief operating officer (COO) for…
Singapore Airlines Sees No Big Growth Risk From Boeing 777X Delays
(Reuters) -Singapore Airlines Ltd (SIA) does not expect its growth plans to take a major hit because Boeing Co pushed…
U.S. Files Third Labor Complaint In Mexico, On Behalf Of Panasonic Workers
By Daina Beth Solomon MEXICO CITY (Reuters) -U.S. labor officials asked Mexico on Wednesday to probe whether workers at a…
New Zealand hands out extra cash to fight ‘inflation storm’
WELLINGTON, New Zealand (AP) — New Zealand’s government said Thursday it will hand out an extra few hundred dollars to…
Japan’s Trade Gap Widens As Import Costs Surge On Supply Pressures
By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) – Japan’s exports extended double-digit gains for a third straight month in…
Japan records trade deficit as imports surge on energy costs
TOKYO (AP) — Japan recorded a trade deficit in April as its imports ballooned 28% due to soaring energy costs…
Australian Jobless Rate At Lowest Since 1974 In April
SYDNEY (Reuters) – Australia’s unemployment rate stood at its lowest in almost 50 years in April as firms took on…
‘Pharma Bro’ Shkreli freed from prison for halfway house
NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli was freed Wednesday from prison after serving much of a seven-year…
Wall Street Ends Sharply Lower As Target And Growth Stocks Sink
By Noel Randewich and Amruta Khandekar (Reuters) – Wall Street ended sharply lower on Wednesday, with Target losing around a…