Oil Prices Recover On Tight Supplies, Firm Demand Outlook
By Florence Tan SINGAPORE (Reuters) -Oil prices recovered on Thursday from a steep drop in the previous session, supported by…
June 2022
Asian stocks follow Wall St lower on economy fears
BEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will…
Norway Wealth Fund Puts Malaysia’s Supermax Corp Under Observation
OSLO (Reuters) -Norway’s $1.2 trillion wealth fund put Malaysia’s Supermax Corp under observation for two years on Wednesday, citing unacceptable…
Analysis-Investors Worry That U.S. Profit Forecasts Are Too High
By Caroline Valetkevitch NEW YORK (Reuters) – Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying…
HSBC Leaves Best Lending Rate Unchanged At 5% Despite Central Bank Hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong…
Abbott Pauses Baby Formula Production In Michigan After Heavy Rains
(Reuters) -Abbott Laboratories said on Wednesday it has stopped production of its EleCare specialty formula after severe storms in southwestern…
Asia FX Bears Hit Record High On Hawkish Fed, China Growth Worries: Reuters Poll
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the…
FCC Says Most Requests For Funds To Replace Chinese Telecom Equipment Are Deficient
By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission (FCC) told Congress on Wednesday it had found deficiencies in…
Global Port Congestion, High Shipping Rates To Last Into 2023 – Execs
By Jeslyn Lerh SINGAPORE (Reuters) – Global port congestion is set to continue until at least early 2023 and keep…
Nasdaq-listed 26 Capital To Pursue $2.5 Billion SPAC Deal With Manila Casino
By Neil Jerome Morales MANILA (Reuters) – The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm…