Opinion Of China In Advanced Economies Sours 'Precipitously' Under Xi - Pew
Public opinion towards China in the United States and other advanced economies has turned "precipitously more negative" under President Xi Jinping, according to a global survey by the Pew Research Center.
Porsche Debuts With $72 Billion Price Tag In Bumper IPO
Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros ($72.45 billion) after Volkswagen priced shares at the top end of the range, braving turbulent market conditions.
Thai Rate Hikes To Be Gradual, Weak Baht Impact Small -central Bank Chief
Thailand will gradually raise interest rates to bring inflation back to target and ensure a continued recovery, the central bank chief said on Thursday, playing down the impact of a weak baht on the overall economy.
Exclusive-Europe Braces For Mobile Network Blackouts - Sources
Once unthinkable, mobile phones could go dark around Europe this winter if power cuts or energy rationing knocks out parts of the mobile networks across the region.
The New Allowance Rule? Allow For Inflation
If you are feeling the effects of inflation, here is a news flash: Your kid is, too.
Analysis-Goodbye, TINA: Higher Yields Muddy Outlook For Struggling U.S. Stocks
Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an already-vicious year.
Challenging 'Orthodoxy,' Kwarteng Clings On After UK Market Rout
As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink that he and new Prime Minister Liz Truss saw as holding Britain back.
Indonesia Central Bank Sees Pressure On Rupiah As Temporary-official
Pressure on Indonesia's rupiah is expected to be temporary, a senior Bank Indonesia (BI) official said on Thursday, predicting the currency would strengthen to reflect its fundamental value later in the year.
S.Korea Sept Exports Set For Slowest Growth In Two Years - Reuters Poll
South Korea's exports likely grew at the slowest pace in nearly two years in September, hurt by a weakening global economy led by China, a Reuters survey showed on Thursday.
Analysis-Slots To Smartphones: Pandemic Sends Australia's Gambling Problem Online
For Rhys Wareham, a coffee industry technician from Sydney, the start of COVID-19 lockdowns in 2020 did not just mean staying home, but having to stop visiting the pub every afternoon to gamble on poker machines.
Breakfast In, Shopping Out: Tourists To The U.S. Hit By Soaring Dollar
In the weeks before heading to San Francisco for their vacation this month, Jeff Skipper and his wife Valerie, from the United Kingdom, watched helplessly as the U.S.
Japan Considers Steps To Help With Utility Bill Burden
Japan will consider more steps to cushion the blow of rising electricity bills, a government spokesperson said on Thursday, underscoring the pressure it faces in addressing the burden on households of higher prices for imports from a weak yen.
Sterling Slips As Dollar Regains Footing
Sterling fell on Thursday and the U.S. dollar was clawing back a recent dip as relief at the Bank of England's intervention in bond markets faded in the face of nagging doubts about Britain's economic management and the outlook for global growth.
Australia Monthly CPI Measure Slows Slightly To 6.8% Y/y In August
A new monthly measure of Australian consumer prices on Thursday showed annual inflation eased slightly in August from July thanks to a steep drop in petrol prices, offering hope cost of living pressures might be close to a peak.
Russia Set To Annex Ukraine Territory; West Warns Of New Sanctions
Russia was poised to annex a swath of Ukraine within days, releasing what it called vote tallies showing overwhelming support in four provinces to join it, after what Ukraine and the West denounced as illegal sham referendums held at gunpoint.
Trump Objects To Verifying List Of Property Seized From Florida Estate - Court Filing
Lawyers for former President Donald Trump are resisting a federal judge's instruction to submit a sworn declaration on whether they believe the government's list of property taken from Trump's Florida estate is accurate.
Gilead Widens Battle Against Alleged Counterfeit HIV Drug Ring
A federal judge in New York has frozen the assets of dozens of people and entities accused of operating a massive nationwide scheme to distribute counterfeit bottles of Gilead Sciences Inc HIV drugs
U.S. Clean Energy Backers: Permitting Bill Imperative In Climate Fight
Environmental groups and some fellow Democratic lawmakers had pilloried U.S.
Orange Juice Prices Surge As Ian Hammers Florida; Cargill Shuts Plants
Orange juice futures on ICE exchange traded up as much as 5.5% on Wednesday as Hurricane Ian hit the Florida coast, threatening to damage orange trees in the largest producing state.
EU Tells Countries Gas Price Cap Would Come With Risks
The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch and pose risks to energy security, amid calls from countries for Brussels to step in to tame high fuel prices.
Exclusive-Lebanon To Slash Official Exchange Rate From Nov. 1, Finance Min Says
Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with a rate of 15,000 in a step towards unifying numerous exchange rates, the finance minister told Reuters on Wednesday.
Another $372 Million On The Way To Bernard Madoff's Victims
Bernard Madoff's victims will soon receive another $372 million to help cover their losses, nearly 14 years after the swindler's capture for running a massive Ponzi scheme, the U.S.
Exxon Orders Shale Stand-down Over Rash Of Oilfield Worker Injuries
Exxon Mobil issued a temporary "stand-down" across its U.S.
Smith & Wesson Marketed To 'Would-be Mass Shooters,' Highland Park Victims Claim
Survivors of a mass shooting in July that killed six people and injured dozens in a Chicago suburb sued gunmaker Smith & Wesson Brands Inc on Wednesday, accusing it of deliberately marketing its weapons to violence-prone young men through social media and advertisements reminiscent of video games.
Italy Slashes 2023 Growth Forecast But Sees Public Finances Improving
Mario Draghi's outgoing Italian government on Wednesday slashed next year's economic growth forecast to 0.6% due to sky-high energy costs but said strong revenues would still ensure an improvement in public finances.
Wild UK Market Swings 'Opportunity Of A Lifetime' For Hedge Funds
The wild swings seen in British markets provided an "opportunity of a lifetime" to trade currencies and bonds, hedge funds and traders said on Wednesday.
Nike Sales Likely To Suffer As Inflation Hits Sneakerheads
Sneakerheads are thinking twice before splurging on the newest set of kicks as the rising cost of living takes a toll on consumer spending, setting the stage for a potential slowdown in sales for Nike Inc in coming months.
Bed, Bath & Beyond Investors Watching Merchandise Mix During Sales Slump
Bed Bath & Beyond investors will be closely watching the home goods retailer's second quarter earnings on Thursday for clues as to how customers are responding to its merchandise overhaul.
After Fiona, Climate Experts Urge Canada To Fix Flagship Adaptation Strategy
Canada's first national climate adaptation strategy needs to be improved to include near-term targets and specific solutions ahead of its November release to mitigate worsening global warming impacts, experts advising the government told Reuters in the wake of devastation caused by storm Fiona.
China's COVID Worries To Take Shine Off Golden Week Holiday
Travel during China's Golden Week holiday, which begins on Saturday, is set to hit its lowest in years, analysts say, as COVID-19 concerns spur calls for people to avoid travel and keep to their cities, while economic woes damp spending.