China’s Yuan Ends At Weakest Since Global Financial Crisis, Hits Record Low Offshore
SHANGHAI (Reuters) -China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the…
September 2022
Inflation Weighs On Consumer Morale In Euro Zone’s Big Three Economies
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of…
US seeks united front in Asia despite Korea, Japan tensions
YOKOSUKA, Japan (AP) — Standing on the deck of an American destroyer at a naval base here on Wednesday, Vice…
UK central bank intervenes in market to halt economic crisis
LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a…
China’s yuan slides to 14-year low after US rate hikes
BEIJING (AP) — China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem…
Mercedes-Benz Trucks, Hegelmann Agree Order Of 50 Long-haul E-trucks
BERLIN (Reuters) – Mercedes-Benz Trucks and Hegelmann Group have signed a letter of intent for the order of 50 battery-electric…
Designer Daniel Lee Replaces Riccardo Tisci At Burberry
LONDON (Reuters) -Burberry Group has appointed Daniel Lee as its new chief creative officer, replacing Riccardo Tisci, who is stepping…
Asian stocks follow Wall St higher after UK calms markets
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Britain’s central bank moved forcefully to stop a…
In court brief, Musk says the SEC is unlawfully muzzling him
DETROIT (AP) — U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech rights by continually…
Dollar Sweeps To 20-year High, Sterling On The Ropes Again
By Rae Wee SINGAPORE (Reuters) – Nervous financial markets propelled the safe-haven dollar to a fresh two-decade peak on Wednesday…