Asian Stocks Stumble, Dollar At Pandemic High On Global Growth Fears
By Kanupriya Kapoor (Reuters) – Most Asian stock indices fell on Wednesday, as growing fears over the global economy drove…
2022
Australia Banks Pull Forward Hike Calls After Inflation Surprise
SINGAPORE (Reuters) – Two of Australia’s big four banks expect the benchmark cash rate will rise next week and a…
Oil Rises On Russia Gas Tension, China Stimulus Hopes
By Florence Tan (Reuters) -Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia…
S.Korea Battery Maker LGES Sees Brighter Q2 Outlook, Lifts Capex
By Heekyong Yang and Byungwook Kim SEOUL (Reuters) -LG Energy Solution Ltd (LGES) booked a 24% quarterly profit drop on…
SK Hynix Sees Solid Demand For Server Chips Offsetting Weaker Mobile, PC Demand
By Joyce Lee SEOUL (Reuters) -South Korean chipmaker SK Hynix Inc said it expects solid demand for server chips to…
Shares In Japanese Beermaker Asahi Jump After It Announces Price Hikes
TOKYO (Reuters) – Shares in Asahi Group Holdings surged on Wednesday after the Japanese beermaker announced its first price increases…
NetEase’s Cloud Music Sues Tencent Music For Alleged Unfair Competition
(Corrects to TME from CME in second paragraph) BEIJING (Reuters) – NetEase’s Cloud Music unit said on Wednesday it has…
Major Japan railway now powered only by renewable energy
TOKYO (AP) — Tokyo’s Shibuya is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a…
Australian Inflation Hits 20-year High, Brings Rate Rises Near
By Wayne Cole SYDNEY (Reuters) – Australian consumer prices surged at the fastest annual pace in two decades last quarter…
Dollar Nears Pandemic Peaks As Investors Seek Safety
By Tom Westbrook SINGAPORE (Reuters) – The dollar stood at its highest level since the early days of the pandemic…