By Leika Kihara TOKYO -The benefits of a weak yen outweigh the demerits for Japan’s export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the …
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- Financial News
UK house prices surge but inflation squeeze clouds outlook – Halifax
by Reutersby ReutersLONDON -British house prices grew strongly again in March but there are big questions about whether this can continue later in the year, mortgage lender Halifax said on Thursday. House …
- Financial News
Analysis-Guns and power: Positioning for new era in European stocks
by Reutersby ReutersBy Joice Alves and Danilo Masoni LONDON – A month of the war in Ukraine briefly erased a year’s worth of gains for European equities but the continent’s bourses have …
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By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat …
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By Leika Kihara TOKYO – The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed on Thursday, …
- Financial News
Surging prices nudge Asia’s reluctant central bank hawks off the sidelines
by Reutersby ReutersBy Leika Kihara and Wayne Cole (Reuters) – Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic …
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(OFFICIAL)-Japan start-up to offer fleet service using China’s Geely EVs
by Reutersby Reuters(Corrects paragraph 1 name of automaker after 3DOM clarifies) By Satoshi Sugiyama TOKYO -A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles …
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Credit Suisse restates results under new divisional reporting structure
by Reutersby ReutersZURICH – Credit Suisse Group published restated historical financial information on Thursday reflecting its new divisional reporting structure that was announced in November. It published the information on this website: …
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Bearish bets on Asian FX ease as central banks tilt towards rate hikes – Reuters poll
by Reutersby ReutersBy Sameer Manekar (Reuters) – Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore …
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By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy tightening …
- Financial News
Analysis-Aggressive Fed balance sheet runoff could jolt flattened yield curve
by Reutersby ReutersBy Karen Brettell and Davide Barbuscia (Reuters) – Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the flattening Treasury yield curve, which …
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Samsung Electronics Q1 profit tops market expectations on solid chip demand
by Reutersby ReutersBy Joyce Lee and Heekyong Yang SEOUL -Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, …
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Analysis-Russia debt investors in limbo as default risk increases
by Reutersby ReutersBy Davide Barbuscia, Alexandra Alper and Karin Strohecker NEW YORK/WASHINGTON/LONDON – Investors in Russia’s international bonds face an increasingly uncertain path to recover their money should Russia ultimately default, while …
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More than half of Europeans support cannabis legalization -report
by Reutersby ReutersBy Rithika Krishna (Reuters) – More than half of the European population support legalization of adult use of cannabis and around 30% of them are interested in purchasing it, according …
- Financial News
Boeing 737 MAX lands in China amid uncertainty over model’s return
by Reutersby ReutersBy Jamie Freed (Reuters) -A Boeing Co 737 MAX meant for China Eastern Airlines subsidiary Shanghai Airlines landed in Shanghai on Thursday, flight tracking websites showed, amid uncertainty over when …
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Fed officials to take cleaver to balance sheet; ‘many’ back big rate hikes
by Reutersby ReutersBy Howard Schneider and Ann Saphir (Reuters) -Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another …
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Pedestrian Struck on 15th Street in Allentown
by Adam Devineby Adam DevineALLENTOWN, PA – A pedestrian was struck by a vehicle and sustained ‘significant’ injuries on Wednesday, according to the Allentown Police Department. At approximately 06:33 AM, officers responded to the …
- Breaking NewsMonmouth County NewsNew Jersey NewsPolice Blotter
Aberdeen Township Monthly Crime Report
ABERDEEN, NJ – The Aberdeen Police Department has released the following arrest report documenting crimes charged in the month of March 2022. These entries are provided as is and have …
- Breaking NewsNew Jersey NewsPolice Blotter
Dancer Team Slams Murphy For Shortchanging Jersey Shore School Districts in Latest Budget
TRENTON, N.J. – New Jersey’s 12th legislative district officials are slamming Governor Phil Murphy over cutting more funding from schools at the Jersey Shore that have been devastated by the …
- Breaking NewsNew York NewsPolice Blotter
Man Pulls Gun on Woman Who Caught Him Urinating on Her House
by Adam Devineby Adam DevineBUFFALO, NY – A man who was caught urinating on the home of a Buffalo woman pulled the gun on her and threatened her in front of her young children …
- Police Blotter
U.S. Marshals Fugitive Task Force Arrests Massachusetts Man Wanted for Rape
by DOJ Pressby DOJ PressConcord, NH – The United States Marshals Service – NH Joint Fugitive Task Force is pleased to announce the arrest of Commonwealth of Massachusetts fugitive, Fred Walker. Fred G. Walker, …
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Cleveland, OH – Law enforcement officers are pleased to announce the recovery of two missing juveniles. Earlier today, members of the Northern Ohio Violent Fugitive Task Force (NOVFTF) located and …
- Financial News
Hedge fund Cinctive adds macro strategy, hires industry veteran Coppel
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON – Hedge fund Cinctive Capital Management is expanding beyond its bread-and-butter stock trading and has hired former Brevan Howard trader Giles Coppel to lead a team …
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CARACAS – Venezuela’s inflation slowed down further to reach 1.4% in March, its lowest level in almost a decade, according to figures reported on Wednesday by the Central Bank. The …
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Buffett’s Berkshire reveals stake in HP; shares surge almost 10%
by Reutersby ReutersBy Jonathan Stempel (Reuters) -Berkshire Hathaway Inc disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc, the latest in a series of large investments by …