Category Archives:
RBNZ raises cash rate by 50 basis points
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to 2.50% on Wednesday, its sixth rate hike in a row in an effort to get on top of inflation. Twenty of the 22...
Jul 12, 2022
South Korea PM warns of big COVID surge as cases hit two-month high
SEOUL (Reuters) - Daily COVID-19 infections in South Korea have jumped above 40,000 for the first time in two months, with the government warning of a potential five-fold surge in the coming months. "...
Jul 12, 2022
Sri Lanka parliamentary speaker yet to get President Rajapaksa’s resignation letter – sources
COLOMBO (Reuters) - Sri Lanka's parliamentary speaker had yet to receive President Gotabaya Rajapaksa's resignation letter though he has fled the country, two sources with knowledge of the matter told...
Jul 12, 2022
Athletics-Botswana’s Amos suspended for doping ahead of World Championships
(Reuters) - Botswana's Nijel Amos has been provisionally suspended ahead of next week's World Championships after the 2012 Olympics 800 metres silver medalist tested positive for a banned metabolite, ...
Jul 12, 2022
NBA makes play-in permanent, adds fastbreak foul rule
After a three-year trial run and two different formats, the NBA play-in tournament is now a permanent fixture on the league calendar. The NBA Board of Governors voted Tuesday to give the play-in event...
Jul 12, 2022
Kyiv strikes Russian-held area in southern Ukraine in rocket attack
By Tom Balmforth and Pavel Polityuk KYIV (Reuters) - Ukraine launched long-range rocket attacks on Russian forces in southern Ukraine and destroyed an ammunition store, its military said, as Russia co...
Jul 12, 2022
China reports 338 new COVID cases for July 12 vs 424 a day
SHANGHAI (Reuters) - China reported 338 new COVID-19 infections on July 12, of which 98 were symptomatic and 240 were asymptomatic, the National Health Commission said on Wednesday. That is compared w...
Jul 12, 2022
Euro clings to parity as traders wait on U.S. inflation
By Rae Wee and Tom Westbrook SINGAPORE (Reuters) - The euro hovered a whisker above parity on the dollar on Wednesday ahead of U.S. inflation data, with traders wary a sky-high reading could force it ...
Jul 12, 2022
Explainer: How Sri Lanka spiralled into crisis
By Devjyot Ghoshal and Alasdair Pal (Reuters) - Sri Lanka's economic crisis looks to have finally toppled President Gotabaya Rajapaksa. Rajapaksa fled the country early on Wednesday, likely headed to ...
Jul 12, 2022
Vietnam’s Vinfast says agrees $4 billion EV factory funding with Credit Suisse, Citi
HANOI (Reuters) - Vietnam carmaker Vinfast has signed framework agreements with Credit Suisse (Singapore) Ltd and Citigroup Global Markets Inc. (USA) to raise at least $4 billion to develop an electri...
Jul 12, 2022
Peoria, IL, USA
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