Bank of Korea: less desirable to increase gold holdings at this point
SEOUL (Reuters) – The Bank of Korea (BOK) assesses it is more desirable to maintain its dollar liquidity than to…
Economy
Honduran president headed to China in first trip after ties established
TEGUCIGALPA (Reuters) – Honduran President Xiomara Castro is set to travel this week to China, her foreign minister said on…
Bourse operator ASX on track for worst day in 11 years on higher cost outlook
By Navya Mittal (Reuters) – ASX Ltd lifted its capital expenditure outlook for fiscal 2024 on Tuesday, sending shares of…
Mexico’s Telmex reaches pay rise agreement with union, ministry says
MEXICO CITY (Reuters) – Mexican telecom Telmex, a subsidiary of America Movil, has reached a deal with a workers’ union…
Commonwealth Bank of Australia removes international money transfer fee
(Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, said on Tuesday it was removing transaction fees for its…
Australia’s current account surplus widens in Q1, small drag on GDP
By Stella Qiu SYDNEY (Reuters) – Australia’s current account surplus widened in the March quarter, helped by strong exports of…
Retailers battle for uncertain back-to-school demand after ‘volatile’ quarter
By Katherine Masters NEW YORK (Reuters) – Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major…
Japan wages rise after labour talks but weak consumption drags on economy
By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s wages rose in April as major companies lifted pay at…
About ducking time: Apple to tweak iPhone autocorrect function
(Reuters) – One of the most notable happenings at Apple’s event for developers on Monday is likely the iPhone maker’s…
Mexico unveils tax break plan for southern business corridor
MEXICO CITY (Reuters) – Mexico on Monday pitched a series of tax incentives aimed at luring companies into investing in…