Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Dollar hits two-week peak to yen amid U.S. yield rise
By Kevin Buckland TOKYO (Reuters) - The dollar rose to a two-week high versus the yen on Wednesday, lifted by higher Treasury yields as global inflation worries flared anew. The dollar index, which me...
May 31, 2022
Japan’s May factory activity growth slows as China lockdowns weigh -PMI
TOKYO (Reuters) - Japan's manufacturing activity grew at the weakest pace in three months in May, as China's heavy-handed coronavirus curbs aggravated supply disruptions and raised risks for the econo...
May 31, 2022
Japan Q1 corporate capital spending rises 3%, led by manufacturers
By Tetsushi Kajimoto TOKYO (Reuters) - Japanese firms raised capital spending for the fourth straight quarter in January-March, underscoring the resilience of business investment led by manufacturers ...
May 31, 2022
Australia in talks with U.S. to supply infant formula
(Reuters) - Australia is in talks with the United States to supply infant formula, an Australian government spokesperson said on Wednesday, after the apex U.S. health regulator relaxed its import poli...
May 31, 2022
Asia’s factory activity slows in May as China COVID curbs weigh
By Leika Kihara TOKYO (Reuters) - Asia's factory activity slowed in May as China's heavy-handed coronavirus curbs continued to disrupt supply chains and dampen demand, adding to woes for some of the r...
May 31, 2022
Bonds tremble as inflation hits new records
By Tom Westbrook SINGAPORE (Reuters) - Stocks steadied in Asia on Wednesday as Shanghai emerged blinking from two months of lockdown and a dip in oil prices dangled the prospect of a respite from risi...
May 31, 2022
Australia’s economy slows a little in Q1, demand still solid
SYDNEY (Reuters) - Australian economic growth slowed in the first quarter as a flood of imports and dismal weather proved a drag, but strength in domestic demand and mounting price pressures still set...
May 31, 2022
Oil prices open higher on EU Russian oil ban, end of Shanghai lockdown
SINGAPORE (Reuters) - Oil prices rose in early Asian trade on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and China ended its COVID-19 lockdown in Shanghai...
May 31, 2022
South Korea exports growth accelerates in May, China curbs hurt
By Cynthia Kim SEOUL (Reuters) - South Korea's exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more than offset disruptions to trade with C...
May 31, 2022
Analysis: China’s metals traders offload stockpiles as bleak demand outlook bites
By Min Zhang and Gavin Maguire BEIJING/SINGAPORE (Reuters) - China's army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world's ...
May 31, 2022
