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August 2, 2022
S.Korea’s Home Prices To Fall Up To 2.8% With 100 Bp Rate Hike – Central Bank Report
By Cynthia Kim SEOUL (Reuters) – South Korea’s residential property prices are likely to drop by up to 2.8% in…
BHP To Boost Nickel Exploration Spending Amid EV Boom
KALGOORLIE, Australia (Reuters) – BHP Group will increase its spending on nickel exploration over the next two years to meet…
Singapore Bank OCBC’s Q2 Profit Jumps 28%, Upbeat On Outlook
By Anshuman Daga SINGAPORE (Reuters) -Singapore’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a stronger-than-expected 28% jump in quarterly…
Robinhood cuts 23% of its workforce as fewer users trade
NEW YORK (AP) — Robinhood Markets said Tuesday it’s cutting nearly a quarter of its workforce, as crashing cryptocurrency prices…
America’s Biggest Warehouse Is Running Out Of Room. It’s About To Get Worse
By Lisa Baertlein SAN BERNARDINO, Calif. (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of…
Fraud Charges In Hacking Case Against Uber Ex-security Chief Are Dismissed
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday granted a request by prosecutors to dismiss fraud counts against…
Elon Musk’s tech allies miffed about Twitter subpoenas
SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as…
Rent-A-Center settles alleged California overpricing dispute
SACRAMENTO, Calif. (AP) — Rent-A-Center, one of the nation’s largest rent-to-own companies, will pay $15.5 million to settle California’s allegations…
Petrobras Leapfrogs Oil Majors In Dividend Payouts
By Sabrina Valle (Reuters) – Brazil’s state-controlled oil company Petrobras will distribute at least twice as much as the biggest…
Chinese Filings For U.S. Clearance On Investments Doubled In 2021
By Alexandra Alper and David Lawder WASHINGTON (Reuters) -Chinese investors roughly doubled the number of applications they made last year…