By Leika Kihara TOKYO (Reuters) – Solid wage growth, not a spiralling yen, is likely to be the trigger that…
Australia inflation races to 32-year high, sounds rates alarm
By Wayne Cole SYDNEY (Reuters) – Australian inflation raced to a 32-year high last quarter as the cost of home…
Singapore to introduce new emissions rules for fossil-fuel power plants
By Emily Chow SINGAPORE (Reuters) – Singapore’s energy regulator will be introducing new emissions standards for new and repowered fossil…
Poor corporate report cards in U.S., Asia point to economic pain
By Eva Mathews, Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. companies from tech giants Alphabet and Microsoft to GE…
Crypto industry disappointed as Australia looks to enshrine tax rules
By Praveen Menon and Byron Kaye SYDNEY (Reuters) – The cryptocurrency industry said on Wednesday it was disappointed with Australia’s…
Marketmind: Dancing in the dark
A look at the day ahead in European and global markets from Vidya Ranganathan The Federal Reserve’s blackout period has…
In ‘unprecedented’ global chip slump, SK Hynix to halve investment as recession looms
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration”…
Moody’s cuts Fosun International’s credit rating, raises concerns over asset sales
By Roxanne Liu and Kane Wu BEIJING/HONG KONG (Reuters) -Global credit rating agency Moody’s downgraded Fosun International Ltd by one…
Australian regulator appeals dismissal of petition against CBA, unit by court
(Reuters) – Australia’s corporate regulator said it had appealed the Federal Court’s decision to dismiss its petition against the Commonwealth…
BOJ ramps up bond buying ahead of policy meet, yields fall sharply
By Junko Fujita TOKYO (Reuters) -The Bank of Japan increased the amount of bonds it was planning to buy in…