Asian shares mostly rise on interest rate, inflation hopes
TOKYO (AP) — Asian shares were mostly higher Wednesday on hopes that the curbs on U.S. interest rates may moderate…
Collateral Damage
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker…
Online Food Company Just Eat Takeaway.com Partners With Grocer Ahold In Netherlands
AMSTERDAM (Reuters) – Just Eat Takeaway.com, Europe’s largest online food ordering service, said on Tuesday it will partner with grocer…
Dollar Holds Steady Ahead Of Expected Red-hot U.S. Inflation Data
By Alun John HONG KONG (Reuters) – The dollar index held firm on Tuesday, supported by high U.S. yields ahead…
Cryptoverse: 10 Billion Reasons Bitcoin Could Become A Reserve Currency
By Lisa Pauline Mattackal and Medha Singh (Reuters) – A crypto platform’s pledge to amass $10 billion worth of bitcoin…
Oil Rises As Shanghai Eases Some COVID Curbs, OPEC Warns Of Tight Supply
By Mohi Narayan (Reuters) -Oil prices climbed on Tuesday as fears of a demand downturn in China eased after Shanghai…
US inflation jumped 8.5% in past year, highest since 1981
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs…
Citigroup Appoints New Asia Pacific Wealth Boss
HONG KONG (Reuters) – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth…
Japan’s Wholesale Inflation Stays Near Record On Ukraine War, Weak Yen
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a…
Honda To Spend $64 Billion On R&D As It Revs Up Electric Ambitions
TOKYO (Reuters) -Japan’s Honda Motor Co Ltd plans to spend 8 trillion yen ($64 billion) on research and development over…