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20 May

New Zealand central bank to hike cash rate by another half point on May 25

New Zealand's central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets on May 25, making a hike of that magnitude for the first time at successive meetings, a Reuters poll found.

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20 May

Dollar falls for first week in seven amid U.S. yield retreat

The U.S. dollar headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency's breathless 10%, 14-week surge.

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20 May

Elon Musk to meet with Brazil's Bolsonaro, says report

Brazilian President Jair Bolsonaro and business magnate Elon Musk are scheduled to meet in Sao Paulo on Friday, Brazilian daily O Globo reported late Thursday.

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20 May

Australia's Woolworths offers to buy majority stake in MyDeal.com

Australia's Woolworths Group on Friday offered to buy 80% stake in online retailer MyDeal.com, as it looks to take on major internet retail giants operating in the country that includes Amazon.com.

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20 May

Japan April consumer prices post biggest jump in over 7 years

Japan's core consumer inflation in April rose above the central bank's 2% target, hitting a more than seven-year high as increases in energy and commodity costs are causing broader price hikes that are pressuring households.

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20 May

Indonesia ministry to hold briefing on lifting of palm oil export ban

Indonesia's Coordinating Ministry for Economic Affairs is scheduled to hold a briefing on the Southeast Asian country's reopening of palm oil exports at 0300 GMT on Friday, according to a media invitation.

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19 May

American Airlines gets favorable antitrust verdict, and $1 in damages

A federal jury on Thursday ruled in favor of American Airlines Group Inc in its long-running lawsuit accusing flight booking service Sabre Corp of charging excessive fees and suppressing competition, but awarded the carrier just $1 in damages.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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