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February 8, 2023

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Yen’s pain is far from over and poised for worst year since 1970

October 21, 2022October 15, 2022 - by chez-lailacom

Japan’s yen will recoup only a third of its big losses against the dollar in the coming year as the policy gap between the ultra-hawkish U.S. Federal Reserve and the …

Yen’s pain is far from over and poised for worst year since 1970 Read More
Business

Dollar’s blistering rally to extend into next year

October 20, 2022October 15, 2022 - by chez-lailacom

The unstoppable dollar, which is already having a banner year, is likely to extend its dominance beyond 2022, according to a Reuters poll of foreign exchange strategists who said the …

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Business

Cargill aims to boost ships’ use of biofuel, methanol to cut emissions

October 19, 2022October 15, 2022 - by chez-lailacom

Cargill Inc (CARG.UL) seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior …

Cargill aims to boost ships’ use of biofuel, methanol to cut emissions Read More
Business

Elon Musk, Twitter agree to postpone Musk’s Thursday deposition

October 18, 2022October 15, 2022 - by chez-lailacom

Elon Musk and Twitter Inc (TWTR.N) agreed to postpone the billionaire’s deposition scheduled for Thursday as they try to reach an agreement to end their litigation and close Musk’s $44 …

Elon Musk, Twitter agree to postpone Musk’s Thursday deposition Read More
Business

Australia unveils privacy rule changes after Optus data breach

October 17, 2022October 15, 2022 - by chez-lailacom

Australia on Thursday proposed an overhaul of consumer privacy rules that will help facilitate targeted data sharing between telecommunication firms and banks following a massive data breach at Optus, the …

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Business

Sterling to struggle on, chance of dollar parity on a knife-edge

October 16, 2022October 15, 2022 - by chez-lailacom

Britain’s battered pound will be around 3.6% stronger in a year, according to a Reuters poll in which analysts were divided, however, on whether the currency would reach parity with …

Sterling to struggle on, chance of dollar parity on a knife-edge Read More
Business

China finance ministry to issue an extra 5.5 bln yuan of treasury bonds in Hong Kong

October 15, 2022 - by chez-lailacom

China’s finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. The ministry …

China finance ministry to issue an extra 5.5 bln yuan of treasury bonds in Hong Kong Read More

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