Global gas markets rebalancing, to remain tight in 2023- IEA
By Marwa Rashad LONDON (Reuters) – Global gas markets are gradually rebalancing but are expected to remain tight in 2023…
Business
US regional bank PacWest says in talks with potential partners, investors
(Reuters) -PacWest Bancorp said on Thursday that it has been approached by several potential partners and investors, and that those…
Marketmind: Next up ECB: Will it be a hawkish 25 or dovish 50?
A look at the day ahead in European and global markets from Vidya Ranganathan. The spotlight moves swiftly from the…
HSBC to raise Hong Kong best lending rate to 5.75%
HONG KONG (Reuters) – HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect…
IMF sees uncertainty over Japan’s monetary policy, spillover globally
By Leika Kihara (Reuters) -The International Monetary Fund on Thursday warned of “uncertainty” around the direction of Japan’s monetary policy,…
Indonesia cuts tax breaks to discourage low quality nickel investment-minister
By Fransiska Nangoy, Stefanno Sulaiman JAKARTA (Reuters) -Indonesia has cut tax incentives to limit investment in lower quality nickel products…
Albemarle agrees $1.5 billion plan to double Australian lithium hydroxide output
MELBOURNE (Reuters) -Albemarle has agreed to double the capacity at its lithium hydroxide processing operations in Western Australia to 100,000…
Australia’s exports to China hit record highs as barriers ease
SYDNEY (Reuters) – Australia’s exports to China surged to record highs in March as the Asian giant sucked in more…
Top US CEO pay rose 7.7% last year, outpacing inflation, study finds
By Ross Kerber (Reuters) – Median pay for top U.S. CEOs rose 7.7% last year to a record $22.3 million,…
Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of…