By Leika Kihara TOKYO (Reuters) -Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations to take its first modest step away fro[...]
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June 8, 2023
US Transportation deputy chief named FAA’s interim head
By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Deputy Secretary Polly Trottenberg is taking over as acting head of the Federal Aviation Administration, the department said on Thu[...]
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Taiwan’s Acer ships computer hardware to Russia after saying it would suspend business -data
By Filipp Lebedev and Gleb Stolyarov (Reuters) -Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, a[...]
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Wall Street ends up amid record low volatility ahead of eventful week
By Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks, while volatility dropped to re[...]
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Harley-Davidson suspends production at Pennsylvania plant due to parts shortage
By Aishwarya Nair and Bianca Flowers (Reuters) -Motorcycle maker Harley-Davidson has temporarily halted production at its York, Pennsylvania, assembly plant for the second time in just over 12 months[...]
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Bank of Canada hiked rates over alarm at household spending, stubborn inflation
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada lifted rates after a four-month pause because of surprisingly strong household spending and high core inflation, a seni[...]
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Marketmind: China inflation could spoil the weekend party
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar fall, historically low volatility, lower bond yields, and Wall Street on the march with t[...]
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Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the[...]
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GameStop shares plummet after fifth CEO exit in 5 years
By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns a[...]
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