In Sweltering Bahamas Courtroom, Bankman-Fried Fights Incarceration
By Jared Higgs and Brian Ellsworth NASSAU (Reuters) – Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried’s…
Headlines
Global Investors Fly Blind Into China’s Messy Post-COVID Transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Global investors, already caught off guard by China’s virus-policy U-turn,…
U.S. Lawmakers Introduce Bill To Restrict Huawei’s Access To Banks
(Reuters) -U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies,…
UK inflation eases but little relief at near 40-year high
LONDON (AP) — U.K. inflation has eased but is still stuck near a 40-year high, piling pressure on employers to…
HSBC To Stop Funding New Oil And Gas Fields
By Lawrence White LONDON (Reuters) – HSBC will no longer provide new lending or capital markets finance for new oil…
Asia stocks follow Wall St down as Fed warns of higher rates
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the…
China Fuel Demand Outlook Brightens As Road, Air Traffic Jumps After COVID Curbs Ease
By Muyu Xu SINGAPORE (Reuters) – Road and air traffic in China, the world’s second-biggest oil consumer, has rebounded sharply…
Dollar Weak After Soft U.S Inflation Data, Focus Switches To Fed
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar struggled to gain a foothold on Wednesday after a sharp dive…
Fed raises key rate by half-point and signals more to come
WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh…
Oil Slips As U.S. Crude Stock Build Stirs Doubts On Demand
By Sonali Paul and Emily Chow SINGAPORE (Reuters) – Oil prices fell in early trade on Wednesday after industry data…