Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:52
Victoria's wages agency charges Woolworths for underpaying former employees
The wages agency of the Australian state of Victoria on Wednesday said it has filed more than 1,000
2023-08-02 12:50
Exclusive-Chinese cities tighten property firms' access to escrow funds-sources
By Clare Jim and Ziyi Tang HONG KONG/BEIJING Some Chinese city governments have made it harder for developers
2023-08-02 12:48
Striking writers, studios to meet this week to discuss restarting negotiations
Union leaders told have told striking Hollywood writers that they plan to meet with representatives for studios to discuss restarting negotiations
2023-08-02 12:45
Australian Senate committee recommends government ban on TikTok be extended to WeChat
An Australian Senate committee has recommended a ban on the Chinese-owned video-sharing app TikTok from federal government devices be extended to China’s most popular social media platform, WeChat
2023-08-02 12:24
Oil prices rise 1% as US inventory data show robust demand
By Arathy Somasekhar and Trixie Yap SINGAPORE (Reuters) -Oil prices surged by almost 1% on Wednesday, trading near their highest
2023-08-02 12:20
New Zealand’s jobless rate rises, wage pressures ease, helping central bank
By Lucy Craymer WELLINGTON (Reuters) -The New Zealand jobless rate hit a two-year high in the June quarter as strong
2023-08-02 11:49
FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong
Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”
2023-08-02 10:54
Wells Fargo expects to pay $1.8 billion to help refill FDIC fund
NEW YORK (Reuters) -Wells Fargo said on Tuesday it expects to pay $1.8 billion to help replenish a government deposit
2023-08-02 10:53
Media owner files complaint alleging interference by Costa Rica's president in custody dispute
A banker and media owner says he filed a legal complaint against Costa Rican President Rodrigo Chaves, alleging that his administration interfered in his child custody dispute
2023-08-02 10:46
Dollar shaky after US credit rating downgrade
By Rae Wee SINGAPORE The dollar struggled to make headway on Wednesday after a cut on the U.S.
2023-08-02 10:24
BOJ's policy tweak not prelude to exit from ultra-low rates-deputy gov
By Leika Kihara TOKYO The Bank of Japan's decision last week to tweak its bond yield control policy
2023-08-02 10:16