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NZ central bank hits pause at 5.5%, economists see easing in 2024

Tue, Jul 11, 2023, 11:59pmWed, Jul 12, 2023, 12:05am
Reuters

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting […]

Asia Business Economy US

Uniqlo parent’s profit seen soaring to a Q3 record on China recovery

Tue, Jul 11, 2023, 11:57pmWed, Jul 12, 2023, 12:06am
Reuters

By Rocky Swift TOKYO (Reuters) – The Japanese operator of apparel retailer Uniqlo is expected by analysts to post a […]

Asia Business Economy Top News US

Global accounting firms set up shop in India’s smaller cities

Tue, Jul 11, 2023, 11:55pmWed, Jul 12, 2023, 12:06am
Reuters

By Manoj Kumar and Jatindra Dash and Sumit Khanna BHUBANESWAR, India (Reuters) – The world’s major accounting firms are stepping […]

Asia Australia Business Economy Politics

Australia cabinet will soon decide on next RBA governor – treasurer

Tue, Jul 11, 2023, 10:28pmTue, Jul 11, 2023, 10:35pm
Reuters

By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide […]

Asia Business Economy

Japan’s wholesale inflation slows for 6th straight month

Tue, Jul 11, 2023, 9:04pmTue, Jul 11, 2023, 9:05pm
Reuters

By Leika Kihara TOKYO (Reuters) – Japan’s wholesale inflation slowed for a sixth straight month in June due to sliding […]

Business Economy US

JPMorgan plans to lay off 63 employees in Jersey City

Tue, Jul 11, 2023, 8:53pmTue, Jul 11, 2023, 9:06pm
Reuters

By Nupur Anand (Reuters) – JPMorgan Chase plans to lay off 63 employees in Jersey City, New Jersey, according to […]

Business Technology US

Amazon touts its low-cost cloud computing in generative AI race

Tue, Jul 11, 2023, 8:25pmTue, Jul 11, 2023, 8:35pm
Reuters

By Jeffrey Dastin AUSTIN (Reuters) – A key way that Amazon’s cloud division aims to set itself apart from rivals […]

Business Economy US

US SEC removes ‘swing pricing’ from money market fund overhaul plan -Bloomberg News

Tue, Jul 11, 2023, 8:03pmTue, Jul 11, 2023, 8:05pm
Reuters

(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on […]

Business US

United CEO meets with acting FAA chief after criticism

Tue, Jul 11, 2023, 7:44pmTue, Jul 11, 2023, 7:50pm
Reuters

By David Shepardson WASHINGTON (Reuters) – United Airlines Chief Executive Scott Kirby met on Tuesday with the acting head of […]

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Mexico’s America Movil Q2 net profit surges to beat estimates

Tue, Jul 11, 2023, 7:44pmTue, Jul 11, 2023, 7:50pm
Reuters

MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter […]

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