June 7, 2022
Japan’s economy contracts, but at smaller rate than thought
TOKYO (AP) — The Japanese economy contracted in the first quarter, but at a slower pace than earlier estimated, the…
Asia Stocks Advance As Investors Weigh Impact Of Hawkish Central Banks
By Selena Li HONG KONG (Reuters) – Asia stocks rose on Wednesday, encouraged by a rally on Wall Street, but…
Taiwan’s TSMC Says No Concrete Plans To Build Europe Factories For Now
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has no concrete plans for building factories in Europe at present,…
Australian Regulator Sues Airbnb For Allegedly Misleading Customers On Pricing
(Reuters) – Australia’s competition regulator on Wednesday said it had initiated proceedings against Airbnb Inc in the country’s Federal Court…
Oil Prices Inch Higher Ahead Of U.S. Inventories Data
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Wednesday ahead of data on U.S. oil inventories, with…
Japan Upgrades Q1 GDP To Smaller Contraction
By Daniel Leussink TOKYO (Reuters) – Japan’s economy shrank slightly less than initially reported in the first quarter, as private…
Yellen Says Inflation To Stay High, Biden Likely To Up Forecast
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected…
Indonesia To Cut Maximum Palm Oil Export Tax And Levy To A Combined $488/T – Trade Minister
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its…
Surging Drug Prices Targeted In U.S. Study Of Pharmacy Giants
By Diane Bartz and Leroy Leo (Reuters) -The U.S. Federal Trade Commission is looking into how big pharmacy benefit managers…
Texas AG strides into Twitter takeover drama to bolster Musk
WASHINGTON (AP) — State officials across the nation have taken on Big Tech companies in the courts and state legislatures,…