Yen perched near 7-month high as BOJ looms

The dollar drifted off multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at the Bank of Japan.

newspaper

17-01-2023

Rio Tinto sees increased volatility as China reopens

MELBOURNE (Reuters) -Rio Tinto on Tuesday said that China's reopening from COVID-19 restrictions is set to raise near-term risks of labour and supply chain shortages, as it also flagged a strong start to iron ore shipments for 2023.

newspaper

16-01-2023

Europe boosts Russian diesel buying ahead of ban set to rock market

European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European ban expected to tighten supplies, redraw global shipping routes and increase price volatility.

newspaper

16-01-2023

Foreign investors pour $925 million into Egypt since Wednesday

Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt's central bank said in a statement on Monday.

newspaper

16-01-2023

Microsoft faces EU antitrust warning over Activision deal - sources

Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for "Call of Duty" maker Activision Blizzard, people familiar with the matter said, that could pose another challenge to completing the deal.

newspaper

16-01-2023

Analysis-Europe boosts Russian diesel buying ahead of ban set to rock market

European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European ban expected to tighten supplies, re-draw global shipping routes and increase price volatility.

newspaper

16-01-2023

Who is Robert Hur, special counsel on Biden classified document probe?

Robert Hur, who was named special counsel to investigate whether President Joe Biden had improperly handled sensitive government documents, is a former high-ranking Justice Department official with experience in sensitive leak investigations.

newspaper

13-01-2023

VW China head sees China's overall car sales rising 5% in 2023

SHANGHAI (Reuters) -China's overall passenger vehicle sales are estimated to rise 5% in 2023, Volkswagen AG's China President Ralf Brandstaetter told Chinese media.

newspaper

11-01-2023

U.S. House Republicans who bucked McCarthy are powered by small-dollar donors

The U.S. House of Representatives Republicans who tried to block Kevin McCarthy's leadership bid last week share more than far-right political views. They also command powerful fundraising machines powered by small-dollar donations.

newspaper

11-01-2023