Sri Lanka slashes rates as expected after IMF rescue, more easing seen soon
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka cut its key interest rates for the second straight month…
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Argentina to push July IMF debt payments to month-end -source
BUENOS AIRES (Reuters) – Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the…
China’s northern cities brace for more torrid heat
BEIJING (Reuters) -Chinese weather forecasters on Thursday issued a string of heat advisories across northern parts of the country as…
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
SHANGHAI/HONG KONG (Reuters) – Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a…
Iran says it had court order to seize Chevron tanker
DUBAI (Reuters) -Iran said on Thursday it had a court order to seize a tanker in Gulf waters a day…
Samsung profit likely lowest in more than 14 years as chip glut persists
By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any…
Norwegian Air to buy regional peer Wideroe for $106 million
By Victoria Klesty OSLO (Reuters) -Norwegian Air has agreed to buy domestic peer Wideroe for 1.13 billion crowns ($106 million)…
TikTok asks US judge to block Montana ban before Jan. 1 effective date
By David Shepardson WASHINGTON (Reuters) -TikTok Inc on Wednesday asked a U.S. judge to block enforcement of a Montana state…
Philippines accuses China of more ‘harassment’ near disputed reef
MANILA (Reuters) – The Philippines on Wednesday accused China’s coast guard of harassment, obstruction and “dangerous manoeuvres” against its vessels,…
US Navy says it prevented Iran from seizing tankers in Gulf of Oman
By Lisa Barrington and Jonathan Saul DUBAI (Reuters) – The U.S. Navy said it had intervened to prevent Iran from…