U.S. Senate Republicans poised to block bill aimed at domestic terrorism

U.S. Senate Republicans were poised on Thursday to block a bill aimed at combating domestic terrorism that Democrats see as a response to this month's white supremacist mass shooting in New York state and a potential gateway to a gun control bill.

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26-05-2022

Rouble slumps around 7% as Russia slashes rates again

(Reuters) -The Russian rouble slumped around 7% against the dollar and the euro on Thursday as the central bank cut interest rates to 11% at an off-schedule policy meeting and suggested that more cuts would follow as inflation risks subside.

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26-05-2022

China, Europe car sales dampened by chip shortage, COVID measures

SHANGHAI/BERLIN (Reuters) -Car sales in China and Europe remain depressed compared to last year's levels as semiconductor shortages and anti-pandemic measures weigh on global autos markets, data showed on Thursday.

newspaper

26-05-2022

Philippines' Marcos signals continuity ahead with new economic team

MANILA (Reuters) -Philippines President-elect Ferdinand Marcos gave strong indications that he will maintain continuity in economic policy through his picks for central bank governor and finance minister on Thursday by adding familiar faces to his cabinet.

newspaper

26-05-2022

Canada's Telus abruptly walks away from $830 million offer for Australia's Appen

(Reuters) -Canadian data analytics software maker Telus International made and then abruptly withdrew a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, Appen said on Thursday.

newspaper

26-05-2022

Kuroda says BOJ can achieve smooth exit from loose money policy

Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so "won't be easy".

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26-05-2022

South Korea steps up inflation fight with back-to-back rate hikes

South Korea's central bank on Thursday delivered back-to-back interest rate hikes and forecast further aggressive increases to wrestle consumer inflation down from 13-year highs.

newspaper

26-05-2022

Philippines' Marcos names new finance chief and central bank governor

Philippine President-elect Ferdinand Marcos on Thursday announced the current central bank governor Benjamin Diokno would be his finance minister when he takes office next month.

newspaper

26-05-2022

China car sales up 34% on April but still weaker than last year - industry

SHANGHAI (Reuters) -Chinese retail car sales data for May has added to a picture of a grinding economic recovery from severe anti-pandemic measures, with manufacturers selling more vehicles than last month but still fewer than a year before.

newspaper

26-05-2022