Dollar Loses Steam After Jobless Claims Data; Kuroda Takes Centre Stage In Asia
By Rae Wee SINGAPORE (Reuters) – The dollar paused its ascent on Friday after a rise in jobless claims in…
March 2023
BOJ Set To Keep Ultra-low Rates At Kuroda’s Final Policy Meeting
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) is set to maintain ultra-low interest rates on Friday and…
LATAM Airlines Posts $2.5 Billion Profit After Emerging From Bankruptcy
SANTIAGO (Reuters) – LATAM Airlines reported a fourth-quarter net profit of $2.538 billion, the company said on Thursday, noting that…
GE Working To Address Durability Issues With LEAP Jet Engines, Says Company Exec
CINCINNATI, Ohio (Reuters) – General Electric Co is working on addressing issues with the durability of its LEAP jet engines…
Wall St Falls On Bank Stocks Tumble, Jobs Report Jitters
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s three major stock indexes closed lower on Thursday, with bank…
Fed’s Barr Says Crypto Needs ‘guardrails’ To Realize Benefits
By Pete Schroeder WASHINGTON (Reuters) – The top regulatory official for the U.S. Federal Reserve said cryptocurrency technology still could…
US Treasury Eyes Effective Hike In Overseas Corporate Minimum Tax To 21%
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S….
JPMorgan Must Hand Over CEO Dimon’s Records In Jeffrey Epstein Lawsuit
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday ordered JPMorgan Chase & Co to hand over…
Canada’s Purolator To Invest C$1 Billion To Electrify Fleet Amid Green Transition
(Reuters) – Canada-based delivery and logistics firm Purolator Inc, largely owned by Canada Post, said on Thursday it plans to…
GE Sees Aviation Revenue Boost From Jet Engines, Aftermarket Demand
By Rajesh Kumar Singh and Abhijith Ganapavaram CINCINNATI, Ohio (Reuters) -General Electric Co forecast revenue at its cash-cow aviation business…