Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) - Bank Indonesia will maintain its key policy rate for a second month on Thursday as inflation is within its target range and the rupiah has stabilised, showed a R...
Dec 18, 2023
Oil prices extend gains as Red Sea attacks disrupt supply chains
By Stephanie Kelly (Reuters) - Oil prices advanced on Tuesday, extending gains from the previous session, as attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime...
Dec 18, 2023
Yen awaits critical BOJ outcome; dollar adrift
By Rae Wee SINGAPORE (Reuters) - The yen rose broadly on Tuesday ahead of a policy decision from the Bank of Japan (BOJ) later in the day which some traders hope will prove crucial in determining if a...
Dec 18, 2023
Yen, Asian stocks in cautious mood ahead of BOJ decision
By Tom Westbrook SINGAPORE (Reuters) - Asian shares and the yen steadied early on Tuesday as traders' focus turned on Japan's central bank and whether it might edge further away from its ultra-easy mo...
Dec 18, 2023
Tesla to raise pay for hourly Nevada Gigafactory workers in Jan – CNBC
(Reuters) - Electric vehicle (EV) maker Tesla Inc has informed workers at its battery factory in Sparks, Nevada, that some of the set-rate hourly workers will see pay increases of around 10% starting ...
Dec 18, 2023
Australia central bank considered hiking again in Dec, paused for more data
SYDNEY, Dec 19 (Reuters) - Australia's central bank considered hiking interest rates for a second straight month in December, but decided there were enough encouraging signs on inflation to pause for ...
Dec 18, 2023
Nippon Steel shares drop 5% after announcing $14.9 billion US Steel acquisition
TOKYO (Reuters) - Nippon Steel shares sank nearly 5% early on Tuesday after it clinched a deal to buy U.S. Steel for $14.9 billion in cash. The shares were trading around 3,085 yen, down 4.7% from Mon...
Dec 18, 2023
New Zealand business confidence hits highest level since March 2015 – Survey
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's business confidence rose in December amid a bounce in most activity indicators and is now at its highest level since March 2015, an ANZ Bank survey...
Dec 18, 2023
Record Southwest penalty not enough to protect passenger interests -consumer groups
By Allison Lampert and Rajesh Kumar Singh (Reuters) - A $140 million U.S. penalty slapped on Southwest Airlines on Monday for a holiday meltdown last year has sent a "warning shot" to other carriers, ...
Dec 18, 2023
Can China get its economic miracle back on track in 2024?
By Marius Zaharia HONG KONG (Reuters) - China's disappointing post-COVID recovery has raised significant doubts about the foundations of its decades of stunning growth and presented Beijing with a tou...
Dec 18, 2023
