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US and World News

  • US and World News

    Pacific islands a key U.S. military buffer to China’s ambitions – report

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Kirsty Needham SYDNEY (Reuters) – China sees the Pacific islands as an area of significant strategic interest and the United States should strengthen its commitment to north Pacific island …

  • US and World News

    Electric vehicles row overshadows S.Korean president’s first U.S. visit

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Hyonhee Shin SEOUL (Reuters) – South Korea’s opposition to new rules governing U.S. subsidies for electric vehicles are set to overshadow President Yoon Suk-yeol’s first official trip to the …

  • US and World News

    AMP handed $9.7 million penalty for charging pensioners ‘fees for no service’

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    (Reuters) – Wealth manager AMP Ltd was handed a penalty of A$14.5 million ($9.74 million) on Tuesday by Australia’s Federal court for charging customers with ‘fees for no service’ on …

  • US and World News

    Unicredit CEO eyes acquisitions in Germany -Handelsblatt

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    BERLIN (Reuters) – UniCredit is eyeing acquisitions in Germany as part of plans by Italy’s second-biggest bank to become a fully developed European bank, Chief Executive Andrea Orcel told German …

  • US and World News

    U.S. refiners eye Canadian oil once strategic reserve turns off taps

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Stephanie Kelly and Nia Williams NEW YORK (Reuters) – U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve …

  • US and World News

    Taiwan ‘proud’ of its efforts to help Ukraine, says President Tsai

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    TAIPEI (Reuters) – Taiwan is “proud” of its efforts to help Ukraine in the country’s struggle to defend itself and those efforts must continue, President Tsai Ing-wen told a conference …

  • US and World News

    With pomp and sorrow, world bids final farewell to Queen Elizabeth

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Michael Holden, Kate Holton and Alistair Smout WINDSOR, England (Reuters) -Queen Elizabeth was laid to rest alongside her beloved husband on Monday after a day which saw Britain and …

  • US and World News

    Hurricane Fiona slams Dominican Republic, Puerto Rico; three dead

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Ivelisse Rivera and Ezequiel Abiu Lopez SAN JUAN, Puerto Rico/Santo Domingo (Reuters) -Hurricane Fiona was churning north on Monday night after bringing torrential rain and powerful winds to the …

  • US and World News

    Marketmind: Fore!

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    A look at the day ahead in European and global markets from Tom Westbrook Sweden’s Riksbank is expected to tee off another round of outsized rate hikes today, with its …

  • US and World News

    Asian bonds see meagre inflows as U.S. rate-hike bets weigh

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    By Gaurav Dogra (Reuters) – Foreigners were net purchasers of emerging Asia ex-China bonds for a second successive month in August, although the buying was measured on concerns over soaring …

  • US and World News

    Musk says Starlink will seek exemption from Iranian sanctions

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    (Reuters) – SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in …

  • US and World News

    Robust commodity prices helps narrow Australia’s budget deficit

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    SYDNEY (Reuters) – Robust commodity prices have helped narrow Australia’s budget deficit for the last fiscal year by about A$50 billion ($34 billion), Treasurer Jim Chalmers said on Tuesday, highlighting …

  • US and World News

    China’s Aug coal imports from Russia, Indonesia soar as heatwave spurs power use

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    SINGAPORE (Reuters) -China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years, as power utilities in the world’s biggest …

  • US and World News

    Exclusive-German utilities close to long-term LNG deals with Qatar, sources say

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Marwa Rashad and Christoph Steitz LONDON/FRANKFURT (Reuters) -German utilities RWE and Uniper are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar’s North Field Expansion …

  • US and World News

    Australia’s central bank says hikes could slow at some point

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SYDNEY (Reuters) -Australia’s central bank is set on raising interest rates again as it battles to contain red-hot inflation, but sees a case for slowing the pace of hikes as …

  • US and World News

    BOJ seen sticking to ultra-low rates, defy global rate hike rush

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates and its dovish policy guidance on Thursday, a decision that comes hours after …

  • US and World News

    Japan’s inflation hits near 8-year high, stays above BOJ’s target

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Japan’s core consumer inflation quickened to 2.8% in August, hitting its fastest annual pace in nearly eight years and exceeding the central …

  • US and World News

    Investors mixed as Porsche seeks price tag of up to $75 billion

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Victoria Waldersee BERLIN (Reuters) – Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s listing plans for sports car brand Porsche AG …

  • US and World News

    China leaves lending benchmarks unchanged amid global rates squeeze

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected, as authorities appeared to hold off immediate monetary easing following rapid declines …

  • US and World News

    Philippines central bank to go for another 50 bps rate hike on Thursday

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Shaloo Shrivastava BENGALURU (Reuters) – The Philippine central bank will likely opt for a half-point interest rate rise on Thursday to support a weakening currency and blunt its effect …

  • US and World News

    Indonesia to raise rates by another 25 bps in Sept, some call for 50 bps: Reuters poll

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting on Thursday, still moving more …

  • US and World News

    Japan govt will spend $24 billion in budget reserves to cope with price hikes

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    TOKYO (Reuters) – Japan will spend 3.48 trillion yen ($24.31 billion) in budget reserves to cope with ongoing price hikes and respond to COVID-19, the Ministry of Finance said on …

  • US and World News

    Lula maintains large lead over Bolsonaro ahead of Brazil election -poll

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SAO PAULO (Reuters) -Brazil presidential candidate Luiz Inacio Lula da Silva slightly extended his lead over President Jair Bolsonaro less than two weeks before the South American country’s election, a …

  • US and World News

    Marriott coaxing workers back to office with $600 million building

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By David Shepardson BETHESDA, Maryland (Reuters) – Marriott International Inc believes its new $600 million high-rise headquarters will entice workers to return after more than two years mostly working at …

  • US and World News

    Blinken hosts Armenian, Azeri foreign ministers, urges return to peace talks

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken met with the foreign ministers of Armenia and Azerbaijan in New York on Monday, marking the first direct talks between the two …

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