Pakistan hopes for bailout decision in day or two as IMF seeks deal ‘quickly’
ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two,…
Asia
Australia eyes bigger budget surplus but warns economy still slowing
By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion)…
Qantas names Rob Marcolina new CFO in latest management overhaul
(Reuters) – Qantas Airways has appointed Rob Marcolina as its new chief financial officer, the company said on Wednesday, succeeding…
Dollar weaker after data burst, euro rises on ECB comments
(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The…
Oil prices drop over 2% on interest rate hike worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not…
Marketmind: Risk back on as slowdown blues fade
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
US considering new restrictions on AI chip exports to China – WSJ
(Reuters) – The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street…
Microsoft attempts to pick apart US legal argument against deal to buy Activision
By Greg Bensinger SAN FRANCISCO (Reuters) – Arguing for the government on Tuesday in its legal fight against Microsoft’s $69…
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a…
Wall Street ends sharply higher, dollar softens as data points to economic resilience
By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened…