Dollar On Front Foot As Traders Await U.S. Inflation Data For Fed Cues
By Alun John HONG KONG (Reuters) – The dollar was at a two-week high on the euro on Friday, ahead…
Hyundai Motor Ulsan Plants’ Output Hit Due To Truckers’ Strike – Company Union
SEOUL/ULSAN (Reuters) -Production at Hyundai Motor Co’s biggest factory in South Korea halved on Thursday due to component shortages triggered…
No Respite From Fed Rate Hikes This Year, Chances Rising Of Four 50 Bps In A Row – Reuters Poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hike its key interest rate by…
Peru’s Central Bank Raises Benchmark Interest Rate To 5.5%
LIMA (Reuters) – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday,…
U.S. Official Sees Moderation In Goods And Services Inflation In Months Ahead
WASHINGTON (Reuters) – Friday’s consumer price data is likely to reflect the continued impact that Russia’s invasion of Ukraine is…
NLRB denies Amazon’s ask to close union hearing to public
A federal labor board has denied Amazon’s request to bar the public from a hearing on the company’s bid to…
Fire at LNG terminal in Texas jolts residents, fuel markets
NEW YORK (AP) — An explosion at a liquefied natural gas terminal in Texas has left nearby residents rattled and…
Air New Zealand Raises Annual Earnings Forecast On Improved Demand
(Reuters) – Air New Zealand Ltd on Friday improved its forecast for fiscal 2022, benefiting from a pick-up in demand…
Yellen Says U.S. Recession Unlikely, But No Drop In Gasoline Prices Soon
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday she does not think the U.S. economy is going…
Bank Of Canada Says Inflation To Dictate Rate Moves, Not Housing Prices
By Julie Gordon and David Ljunggren OTTAWA (Reuters) -Hot inflation is the Bank of Canada’s primary focus as it raises…