South Korea’s import price decline in June steepest in 8 years
SEOUL (Reuters) – South Korea’s import prices fell in annual terms for a fifth month in June and marked the…
Business
US judge finalizes Allianz’s $6 billion criminal settlement
By Jody Godoy (Reuters) – A U.S. judge on Wednesday approved Allianz’s $6 billion settlement over the 2020 collapse of…
US lawmakers seek to lower biofuel blending compliance costs
By Stephanie Kelly NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden…
Leveraged bets in US Treasury market could ‘amplify’ stress, BoE warns
By David Randall NEW YORK (Reuters) -Large leveraged bets by hedge funds in the U.S. Treasury market could “amplify stress”…
Wall Street cheers cool CPI with stock rally; dollar, yields decline
By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S….
Crypto ransom attacks rise in first half of 2023 – Chainalysis
By Elizabeth Howcroft LONDON (Reuters) – Crypto crime fell overall in the first six months of 2023, but the volume…
Russian hackers lured embassy workers in Ukraine with ad for a cheap BMW
By James Pearson LONDON (Reuters) -Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies…
Steve Bannon, Michael Flynn must answer questions in Smartmatic US defamation case
By Jack Queen (Reuters) – Steve Bannon and Michael Flynn, two allies of former U.S. President Donald Trump, must answer…
US dollar stumbles, drops to more than one-year low as inflation eases in June
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…
Banks can manage outflow risk in Fed’s new payment service system, Mester says
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….