Turkey’s central bank makes big rate cut amid 80% inflation
ISTANBUL (AP) — Turkey’s central bank delivered another massive interest rate cut Thursday despite eye-popping inflation above 80%, moving the…
September 2022
Japan Intervenes In FX Market To Stem Yen Falls After BOJ Keeps Super-low Rates
By Leika Kihara TOKYO (Reuters) -Japan intervened in the currency market on Thursday for the first time since 1998 to…
Swiss central bank enacts biggest-ever hike to key rate
GENEVA (AP) — Switzerland’s central bank carried out the biggest hike ever to its key interest rate Thursday, following the…
Bank of England raises rates but avoids bolder hike like Fed
LONDON (AP) — The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest…
Honda To Cut Car Output By Up To 40% In Japan On Supply Problems
TOKYO (Reuters) -Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese…
Europe’s Vegetable Farmers Warn Of Shortages As Energy Crisis Bites
By Ardee NAPOLITANO and Sybille de La Hamaide BOUVINES, France (Reuters) – Emmanuel Lefebvre produces thousands of tonnes of endives…
Asian stocks slide for 3rd day on economic growth fears
BEIJING (AP) — Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and…
Novartis Unveils New Strategy Based On Eight Multibillion- Dollar Brands
ZURICH (Reuters) -Novartis unveiled a new strategy on Thursday based on eight big drug brands as the pharmaceuticals maker reshapes…
Thieves key on hack that leaves Hyundai, Kia cars vulnerable
DETROIT (AP) — Some Hyundai and Kia cars and SUVs are missing a “key” anti-theft device, and thieves know. An…
Hong Kong Central Bank Raises Interest Rate After Fed Hike, HSBC Follows
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount…