Author Archives: Syndicated Content
Australians take stock of flood damage amid warnings of more rain
SYDNEY (Reuters) - Thousands of Australians on Monday returned to homes and businesses to assess flood damage even as evacuation warnings remained in inland regions of the southeast and authorities wa...
Oct 16, 2022
Asia shares slip, make or break day for UK bonds
By Wayne Cole SYDNEY (Reuters) - Asian share markets slipped on Monday following another drubbing for Wall Street as investors brace for further drastic tightening in global financial conditions, with...
Oct 16, 2022
Intense fighting flares in Ukraine’s Donetsk region
By Pavel Polityuk KYIV (Reuters) - Intense fighting between Russian and Ukrainian forces was taking place around two towns in the Donetsk region of eastern Ukraine, Bakhmut and Soledar, Ukrainian Pres...
Oct 16, 2022
Analysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks
By Ellen Zhang and Ryan Woo BEIJING (Reuters) - By any account, $1 trillion seems huge. That's the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastr...
Oct 16, 2022
Analysis-Indonesia’s defences start crumbling against relentless dollar
By Rae Wee and Summer Zhen SINGAPORE (Reuters) - Indonesia's currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia's largest economy is...
Oct 16, 2022
Japan PM instructs culture minister to probe Unification Church -Kyodo
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida has instructed the culture minister to investigate the Unification Church under the Religious Corporations Act, Kyodo news agency and other loca...
Oct 16, 2022
Shanghai reports no symptomatic, 32 asymptomatic COVID cases for Oct 16
BEIJING (Reuters) - Shanghai reported no new domestically transmitted symptomatic coronavirus cases for Oct. 16, the same as a day earlier, and 32 local asymptomatic cases, up from 28 the previous day...
Oct 16, 2022
Kakao says service outage’s financial effect expected to be limited
SEOUL (Reuters) -Kakao Corp, South Korea's dominant chat app operator, said on Monday the financial effect of a widespread service outage was expected to be limited on Kakao and its key units. A fire ...
Oct 16, 2022
Japan top currency diplomat: would respond firmly to excessive FX moves
TOKYO (Reuters) - Japan would firmly respond to any excessive currency fluctuations, its top currency diplomat Masato Kanda said, following the yen's sharp fall to a 32-year low to the dollar. Each co...
Oct 16, 2022
UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) - Britain's housing market lost momentum this month after Prime Minister Liz Truss's economic plans upset financial markets and triggered a repricing of the mortgage market, data from...
Oct 16, 2022
