Economy

S. Korea fines German automakers for colluding to curb emissions-cleaning technology

  • February 09, 2023 07:05 PM AEDT | Reuters
 S. Korea fines German automakers for colluding to curb emissions-cleaning technology

(Adds comments from Mercedes-Benz) By Hyunsu Yim SEOUL, Feb 9 (Reuters) - South Korea's anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on

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ECB's Knot sees big May rate hike if core inflation doesn't fall: MNI

ECB's Knot sees big May rate hike if core inflation doesn't fall: MNI

  • February 09, 2023 02:00 AM AEDT | Reuters

FRANKFURT, Feb 8 (Reuters) - The European Central Bank may extend its streak of large interest hikes into May if core inflation doesn't ease by then, ECB policymaker Klaas Knot said on Wednesday. The

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Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll

Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll

  • February 09, 2023 01:35 AM AEDT | Reuters

By Fergal Smith TORONTO (Reuters) - The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central

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WRAPUP 7-Zelenskiy, in London, wins pledge to train pilots on NATO jets

WRAPUP 7-Zelenskiy, in London, wins pledge to train pilots on NATO jets

  • February 09, 2023 01:29 AM AEDT | Reuters

(Adds Zelenskiy quotes from speech) * Zelenskiy addresses British parliament, to visit troops * Second trip abroad for Ukrainian leader since invasion * Britain promises to train Ukrainian pilots on

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LIVE MARKETS-Semis rally still has legs, SG says bet on Asian options

LIVE MARKETS-Semis rally still has legs, SG says bet on Asian options

  • February 09, 2023 01:00 AM AEDT | Reuters

* U.S. equity index futures modestly red: S&P 500 off ~0.5% * Euro STOXX 600 index up ~0.8% * Dollar ~flat; gold edges up; bitcoin slips; crude up >1% * U.S. 10-Year Treasury yield edges down to ~

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Credit Suisse Plans $380 Mln Bonus Scheme For Top Staff Tied To Overhaul- FT

Credit Suisse Plans $380 Mln Bonus Scheme For Top Staff Tied To Overhaul- FT

  • February 09, 2023 12:47 AM AEDT | Reuters

Feb 8 (Reuters) - * CREDIT SUISSE PLANS $380MN BONUS SCHEME FOR TOP STAFF TIED TO OVERHAUL - FT Source text: https://on.ft.com/40FR9H9 Further company coverage:

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WRAPUP 6-Zelenskiy, in London, wins pledge to train pilots on NATO jets

WRAPUP 6-Zelenskiy, in London, wins pledge to train pilots on NATO jets

  • February 09, 2023 12:46 AM AEDT | Reuters

(Updates with Zelenskiy speech to parliament) * Zelenskiy to address British parliament, visit troops * Second trip abroad for Ukrainian leader since invasion * Britain promises to train Ukrainian

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LIVE MARKETS-Nasdaq Composite: Six in the mix?

LIVE MARKETS-Nasdaq Composite: Six in the mix?

  • February 09, 2023 12:45 AM AEDT | Reuters

* U.S. equity index futures modestly red: S&P 500 off ~0.5% * Euro STOXX 600 index up ~0.8% * Dollar, gold ~flat; bitcoin slips; crude up ~1% * U.S. 10-Year Treasury yield edges down to ~3.66% Welcome

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Ukraine's Zelenskiy will be in Paris on Wednesday evening- BFM TV

Ukraine's Zelenskiy will be in Paris on Wednesday evening- BFM TV

  • February 09, 2023 12:41 AM AEDT | Reuters

PARIS, Feb 8 (Reuters) - Ukraine's President Volodymyr Zelenskiy will be in Paris on Wednesday evening, French media outlet BFM TV reported on Wednesday, citing sources with knowledge of the matter. (

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Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

  • February 09, 2023 12:35 AM AEDT | Reuters

(releads, adds details) ROME, Feb 8 (Reuters) - Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high

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Russia's war on Ukraine latest: Britain steps up military backing for Ukraine as Zelenskiy visits London

Russia's war on Ukraine latest: Britain steps up military backing for Ukraine as Zelenskiy visits London

  • February 09, 2023 12:27 AM AEDT | Reuters

(Reuters) - President Volodymyr Zelenskiy visited Britain on Wednesday to drum up aid, winning a pledge to train Ukrainian pilots on advanced NATO fighter jets, a big symbolic step up in Western

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