S.Korea Factory Activity Accelerates In April, Cost Pressures Continue – PMI
SEOUL (Reuters) – South Korea’s factory activity accelerated in April, but cost pressures due to the Ukraine crisis and China’s…
Shanghai Lockdown Sends Chill Down Meat Trade
By Dominique Patton BEIJING (Reuters) – The protracted lockdown in Shanghai, China’s financial hub, is slowing the nation’s normally booming…
China COVID Hard Line Eats Into Everything From Teslas To Tacos
SHANGHAI (Reuters) – When Tesla’s Shanghai plant and other auto factories were shut over the last two months by emergency…
Hope Fizzles For Japan’s ‘revenge Spending’ Splurge As Inflation Looms
By Kantaro Komiya and Kentaro Sugiyama TOKYO (Reuters) – Japanese mother of three Maiko Takahashi was never one to pinch…
Australia’s Qantas To Buy 12 Airbus Jets For Long-haul Flights
(Reuters) – Australia’s Qantas on Monday said it will buy 12 Airbus SE jets capable of non-stop flights from Sydney…
Australian Banks’ Margin Woes Linger But Rate Hikes May Lift View
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in…
Peru’s Annual Inflation Rate Hits 24-year High In April
By Marco Aquino LIMA (Reuters) – Peru’s annual inflation rate hit 7.96% in April, its highest level in 24 years,…
Germany: Quitting Russian oil by late summer is ‘realistic’
BERLIN (AP) — Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully…
Amazon To Get Hearing That Could Overturn NY Union Vote, Labor Board Official Says
By Jeffrey Dastin (Reuters) – Amazon.com Inc’s objections to a landmark union election at a company warehouse in New York…
Bored Ape NFT Company Raises Around $285 Million Of Crypto In Virtual Land Sale
By Elizabeth Howcroft LONDON (Reuters) – The company behind the “Bored Ape” series of NFTs has raised around $285 million…