Tesla To Cut Salaried Workforce By 10% Over Next 3 Months, Says Musk
DUBAI (Reuters) – Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief…
June 2022
Marketmind: Why The Calm In Markets Won’t Last
A look at the day ahead in markets from Dhara Ranasinghe. Last week’s market turmoil that sparked the biggest weekly…
Aussie Inches Up As RBA Reaffirms More Hikes Ahead, Yen Struggles
By Alun John HONG KONG (Reuters) – The Australian dollar edged up a fraction after remarks from the central bank…
Philippine Central Bank To Raise Rates By 25 Bps In June, Some Call For 50bps
By Md Manzer Hussain BENGALURU (Reuters) -The Philippine central bank will raise rates by a modest 25 basis points for…
Cryptoverse: Crypto Lenders Face A DeFi Drubbing
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Crypto lending may not be down and out, but it’s certainly…
Crypto Lender Babel Finance Wins Debt Repayment Reprieve After Withdrawal Freeze
(Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said…
Record Number Of Travelers To Hit U.S. Roads For July 4 Weekend -AAA
(Reuters) – A record 42 million people around the United States are expected to hit the road for trips over…
Asian shares mostly lower despite Wall St rally; eyes on Fed
TOKYO (AP) — Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional…
China Evergrande Sticks To Restructuring Plan Target Of Before End-July
HONG KONG (Reuters) -China Evergrande Group said it expects to announce its preliminary restructuring plan before the end of July,…
Asian Shares Rise As Investors Pause After Selloff
By Selena Li HONG KONG (Reuters) – Asian stocks and U.S. share futures turned higher on Tuesday as the market…