By David Lawder and Kanishka Singh SPRING HILL, Tenn./ WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday…
ArcelorMittal expects to increase steel shipments by 5% in 2023
BRUSSELS (Reuters) – ArcelorMittal, the world’s second-largest steelmaker, on Thursday said it expects its steel shipments to increase by around…
S. Korea fines German automakers for colluding to curb emissions-cleaning technology
By Hyunsu Yim SEOUL (Reuters) -South Korea’s anti-trust regulator said on Thursday it would impose a combined fine of 42.3…
Bullish bets on Asian FX ease as Fed rate-hike concerns weigh: Reuters poll
By Himanshi Akhand (Reuters) – Bullish bets on most Asian currencies eased as strong U.S. economic data recently gave the…
Fortescue Metals preparing to cut up to 1,000 jobs – The Australian
SYDNEY (Reuters) – Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean…
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal…
Marketmind: Bar-duh
A look at the day ahead in European and global markets from Wayne Cole. Surely the most fun story today,…
Chinese state media, AI companies warn of risks in ChatGPT stock frenzy
SHANGHAI (Reuters) -Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI)…
South Korea’s think tank warns of steeper economic slowdown in H1
SEOUL (Reuters) – The rising cost of living is likely to hurt South Korea’s economy much more significantly in the…
Yellen touts battery investments, supports Europe’s plans for competing subsidies
By David Lawder SPRING HILL, Tenn. (Reuters) -U.S. Treasury Secretary Janet Yellen touted clean energy investments on Wednesday at a…