Author Archives: Syndicated Content
Sterling swallows bitter pill, dollar advances on hawkish Fed speak
By Rae Wee SINGAPORE (Reuters) - The pound languished near a record low on Wednesday on lingering concerns over Britain's radical tax cuts to spur growth, while the dollar edged up after Treasury yiel...
Syndicated Content Sep 27, 2022
Rising interest rates only a mild snag in climate battle: Reuters poll
By Prerana Bhat, Swathi Nair and Milounee Purohit BENGALURU (Reuters) - Rising interest rates present no significant barrier to the world's transition to net zero emissions by 2050 despite the high le...
Syndicated Content Sep 27, 2022
Vietnam downgrades Typhoon Noru to tropical storm, but warns of flood risks
HANOI (Reuters) -Vietnam on Wednesday downgraded Typhoon Noru to a tropical depression, but warned residents to stay on alert because of the risks from flooding and landslides caused by heavy rain, th...
Syndicated Content Sep 27, 2022
Chinese snap up used Rolexes, Birkins to satisfy luxury cravings amid slowdown
By Casey Hall SHANGHAI (Reuters) - China's coronavirus-driven economic slowdown is proving to be a boon for Zhu Tainiqi, the Shanghai-based founder of second-hand luxury goods marketplace ZZER, who is...
Syndicated Content Sep 27, 2022
Ship captains held by Indonesian navy decry bribes and betrayal
By Joe Brock MANILA (Reuters) - Plagued by mosquitoes at night and marauding monkeys by day, ship captain Glenn Madoginog was held for months at an Indonesian naval base before ending up in a cramped ...
Syndicated Content Sep 27, 2022
Cuba entirely without power after Hurricane Ian
HAVANA (Reuters) - Cuba's electrical grid collapsed late on Tuesday, leaving the entire country without power shortly after the passage of Hurricane Ian, which ravaged the western end of the island wi...
Syndicated Content Sep 27, 2022
Fed’s Daly: do not want to tip economy into downturn
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly said on Tuesday that the U.S. central bank is "resolute" about bringing down high inflation but also wants to do so "as gently as pos...
Syndicated Content Sep 27, 2022
Oil prices mixed as Hurricane Ian output cuts support, dollar weighs
By Laila Kearney (Reuters) - Oil prices were mixed in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane Ian contended with crude storage builds and a strong dolla...
Syndicated Content Sep 27, 2022
Fed to take rates higher than previously expected; more pain ahead – Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The Federal Reserve will hike its key interest rate to a much higher peak than predicted two weeks ago and the risks are skewed towards an even higher terminal ...
Syndicated Content Sep 27, 2022
BOJ board agreed must be vigilant to sharp yen moves – July mtg minutes
TOKYO (Reuters) - Bank of Japan (BOJ) board members agreed that the central bank must scrutinise how the yen's recent sharp moves could affect inflation, minutes of the BOJ's July policy meeting showe...
Syndicated Content Sep 27, 2022

