By Jihoon Lee and Choonsik Yoo SEOUL -South Koreans expect inflation to average around 3.1% over the next 12 months, led by rising global energy prices, the highest they have …
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Business News
Black Knight: Mortgage Delinquencies Hit Record Low in March, Driven by Both Seasonal and Broader Economic Improvements; Prepays Up Despite Rate Increases
by Your Newsby Your NewsThe national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020 While March …
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WILKES-BARRE, PA – The Wilkes-Barre Police Department seeks the public’s assistance in identifying a pair of hit and run suspects. The man and woman were involved in a hit and …
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Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter
Two Arrested in Franklin Township Hit and Run Crash
FRANKLIN TWP., N.J. – Two North Jersey men have been arrested for fleeing the scene of a fatal motor vehicle crash that killed a pedestrian in February. In a statement …
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Featured NewsTop HeadlinesUS and World News
Corporate America Wants To Hit Consumers With A Massive Energy Tax
Corporate America Wants To Hit Consumers With A Massive Energy Tax Thomas Catenacci on April 22, 2022 Two major Washington, D.C. business groups representing corporations across sectors including the fossil …
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Financial News
European equity funds hit by 10th straight week of outflows -BofA
by Reutersby ReutersLONDON – European equity funds suffered a tenth straight week of outflows at $2.9 bln, with financials leading the losses, a BofA report citing EPFR data on Friday showed. According …
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LONDON -Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish Moscow for its invasion of …
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Financial News
UK car insurance premiums in first quarter hit highest since 2020 – survey
by Reutersby Reuters(Reuters) – The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will continue to increase on the back of rising …
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Financial News
China to step up financial support for industries hit by COVID outbreaks
by Reutersby ReutersBEIJING -China will step up financial support for industries, firms and people affected by COVID-19 outbreaks, the central bank said on Monday, as part of steps to cushion economic slowdown. …
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(Reuters) – Saudi Arabia’s crude exports in February rose to 7.307 million barrels per day (bpd), the highest level since April 2020, official data showed on Monday. Crude oil exports …
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Financial News
China’s GDP growth seen slowing to 5.0% in 2022 on COVID hit – Reuters poll
by Reutersby ReutersBy Kevin Yao BEIJING – China’s economic growth is likely to slow to 5.0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, a Reuters poll showed, raising …
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WASHINGTON – Global economic growth will take a hit from Russia’s war in Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, noting that it had sent prices for food, …
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Financial News
New mechanisms needed for debt stress as poor countries hit by surging prices -IMF
by Reutersby ReutersBy Andrea Shalal WASHINGTON – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt …
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(Reuters) – U.S. stock indexes opened lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday’s inflation data that could back a more hawkish stance …
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Financial News
Traders reroute coffee bound to Russia, demand hit from war seen
by Reutersby ReutersBy Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a …
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HELSINKI – Finnish tyre maker Nokian Tyres said on Monday new sanctions imposed by the European Union (EU) on Russia will have a significant impact on its production. The sanctions, …
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Breaking NewsSportsTop HeadlinesUS and World News
NFL-Steelers QB Haskins dies at 24 after being hit by vehicle
by Reutersby Reuters(Reuters) – Pittsburgh Steelers quarterback Dwayne Haskins died on Saturday at the age of 24 after being hit by a vehicle, according to a report on the NFL website on …
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Financial News
Taiwan March exports hit new record, Ukraine war clouds outlook
by Reutersby ReutersTAIPEI – Taiwan’s exports rose for a 21st straight month in March to a new record in line with forecasts, boosted by continued strong tech demand, though the government warned …
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By Chris Taylor NEW YORK -When Nicole Flecchia contracted COVID-19 in January of 2021, the University of Rhode Island grad student figured she might be looking at a few days …
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Financial News
EU approves French scheme to support companies hit by Ukraine war
by Reutersby Reuters(Reuters) – The European Commission on Thursday approved a French scheme to provide up to 155 billion euros ($169 billion) in liquidity support to companies hit by the economic impact …
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Financial News
Venezuela growth could hit 20% this year, Credit Suisse says: ‘Not typos!’
by Reutersby ReutersCARACAS – Venezuela’s economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its …
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Financial News
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
by Reutersby ReutersBy Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis …
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Financial News
Emerging markets suffer $9.8bln outflow in March with big hit to China
by Reutersby Reuters(Reuters) – Emerging markets suffered their first portfolio outflows in a year in March, driven by investors ditching Chinese assets and growing anxiety over recent geopolitical events, a report by …
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By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest …
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Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter
Kearny Man Found Guilty for 2019 Hit and Run Crash that Killed Child
UNION CITY, NJ – A Kearny mean, Jose Marrero 39, has been convicted by a jury for causing the death of a 12-year-old child in a hit and run crash. …