SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively…
Energy crisis chips away at Europe’s industrial might
By Clara Denina and Sarah McFarlane LONDON (Reuters) – Europe needs its industrial companies to save energy amid soaring costs…
Stocks end down, yields up as Powell sticks to hawkish stance
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session lower while Treasury yields were up Wednesday…
UAW seeks quick election to represent Ohio GM-LG battery plant workers
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) wants an election next month on representing about 900…
Most Gulf central banks raise interest rates after Fed’s move
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve…
China vows commitment to growth as investors bet on easier COVID policy
HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
UAE and U.S. reach deal for $100 billion in clean energy projects
ABU DHABI (Reuters) -The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean…
Marketmind: Turn, turn … turn?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever And so it…
Qatar central bank raises deposit rate to 4.5%
(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis…
France, Singapore, Switzerland jointly test central bank digital currencies
LONDON (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs)…