By Choonsik Yoo SEOUL (Reuters) -South Korea’s consumer inflation eased for a third consecutive month to a 14-month low in April and the central bank expects the downward trend to persist for so[...]
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May 2, 2023
Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to serve as its new chief executive starting in November, making her[...]
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Regulators seize First Republic Bank, sell assets to JPMorgan
By Scott Murdoch, Niket Nishant and Chris Prentice (Reuters) -Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co on Monday, in a deal to resolve the largest U.S. bank[...]
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Vice Media preparing to file for bankruptcy – NYT
(Reuters) -Vice Media Group, the company behind popular media websites such as Vice and Motherboard, is preparing to file for bankruptcy, the New York Times reported on Monday, citing people with know[...]
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Bank of Korea sees rapid pace of inflation easing for awhile
SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the middle of this year, although core inflation would ease at a slower pac[...]
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South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak in six years, a survey showed on Tuesday, underlining the weak glob[...]
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US World Bank nominee Banga set for vote on Wednesday after 4-hour interview
WASHINGTON (Reuters) – The World Bank’s 25-member executive board is set to vote on the U.S. nominee to run the World Bank, Ajay Banga, on Wednesday after completing a four-hour interview[...]
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US lawmakers dig into partisan corners as debt ceiling default looms
By David Morgan and Richard Cowan WASHINGTON (Reuters) – U.S. lawmakers responded to news that the federal government could be unable to pay its bills as soon as June 1 by digging in on partisan[...]
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