SHANGHAI (Reuters) – Semiconductor Manufacturing International Corporation (SMIC) co-CEO Zhao Haijun said on Friday on an earnings call that recent…
S.Korea central bank governor says dollar/won moves in line with expectations
SEOUL (Reuters) – South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations,…
Australian banks ease mortgage norms as property market cools
By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards,…
Vanguard launches Australian pension fund in bid for $2 trillion savings pool
SYDNEY (Reuters) – The world’s second-largest fund manager Vanguard launched a pension fund in Australia on Friday, the first new…
Exclusive-Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his…
Dollar slides, CPI data suggests Fed could slow pace of rate hikes
By Herbert Lash NEW YORK (Reuters) – The dollar fell sharply on Thursday after U.S. consumer prices rose less than…
U.S. to allow some Russian energy-related transactions until next May
WASHINGTON (Reuters) – The United States will allow some energy-related transactions with several Russian entities including Sberbank, VTB Bank and…
China year-end export bounce in doubt as global demand falters
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s usual year-end export surge is in doubt as weak global demand…
New Zealand food prices rise in October
WELLINGTON, Nov 11 (Reuters) – New Zealand food prices rose 0.8 percent in October, data from Statistics New Zealand showed…
New Zealand manufacturing activity contracts in October
SYDNEY (Reuters) – New Zealand’s manufacturing sector contracted in October for the first time since August 2021, weighed by a…