SYDNEY (Reuters) -The head of the Reserve Bank of Australia (RBA) reiterated on Wednesday that interest rates had not peaked,…
Thai economy recovering steadily, tourism to drive 2023 growth – Finance Minister
BANGKOK (Reuters) – Thailand’s economy is recovering slowly but steadily, boosted by a rebound in a vital tourism sector that…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a…
U.S. Senator Rubio seeks review of Ford technology deal with China’s CATL
By David Shepardson WASHINGTON (Reuters) – Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor’s deal…
Australia’s CBA posts record HY profit, outlook hits shares
By Praveen Menon and Savyata Mishra (Reuters) -Rising interest rates helped Commonwealth Bank of Australia deliver record profits on Wednesday,…
TSMC shares fall after Berkshire cuts stake
TAIPEI (Reuters) – Shares in Taiwan’s TSMC opened 3.3% lower on Wednesday after Warren Buffett’s Berkshire Hathaway Inc slashed its…
Biden taps Brainard, Bernstein to lead economic team, braces for debt ceiling fight
By Andrea Shalal, Steve Holland and Lindsay Dunsmuir (Reuters) -President Joe Biden on Tuesday picked Federal Reserve Vice Chair Lael…
Many companies and finance firms yet to set deforestation policy – report
By Simon Jessop LONDON (Reuters) – Almost half of the companies most reliant on the commodities responsible for deforestation, and…
Wall Street ends mixed as inflation data supports rate worries
By Johann M Cherian and Noel Randewich (Reuters) – Wall Street stocks ended mixed on Tuesday after U.S. consumer price…
Stocks, dollar make little progress, after U.S. inflation data
By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher…