Japan’s economy contracts as energy prices soar
TOKYO (AP) — Japan’s economy shrank at a worse than expected annual rate of 1% in the first quarter, as…
May 2022
Toyota Taps Wells To Beat Water Supply Disruption In Central Japan
TOKYO (Reuters) – Toyota Motor Corp is using well water at its factories to avoid the impact of an industrial…
Shanghai Authorities Allow Some Financial Firms To Resume Work – Sources
SHANGHAI (Reuters) – Shanghai authorities issued a new ‘white’ list containing 864 financial institutions, allowing them to resume work, three…
Asian Stocks Wobble As Growth Doubts Loom
By Tom Westbrook SINGAPORE (Reuters) – Asia’s stockmarkets struggled to carry recent gains into a fourth straight session on Wednesday…
Fed’s Evans Wants Smaller U.S. Rate Hikes By July Or Sept
By Dan Burns (Reuters) -Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports moving to a shallower…
Japan’s GDP Shrinks As Surging Costs Raise Spectre Of Deeper Downturn
By Daniel Leussink and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy shrank for the first time in two quarters in the…
Oil Prices Climb On Hopes Of China Demand Recovery
By Isabel Kua SINGAPORE (Reuters) – Oil prices rose more than $1 a barrel in early Asian trade on Wednesday…
UK Unemployment Hits 48-year Low, Pushing Up Pay
By David Milliken and William Schomberg LONDON (Reuters) -Britain’s jobless rate hit a 48-year low in the first three months…
Fed’s Evans Backs ‘front-loaded’ Rate Hikes, Then Measured Pace
By Dan Burns (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports an initial burst…
Glass Lewis Backs McDonald’s Directors In Boardroom Fight With Carl Icahn
By Svea Herbst-Bayliss BOSTON (Reuters) – Proxy advisory firm Glass Lewis on Tuesday recommended McDonald’s Corp investors vote for the…