Business

Apple Pay eyes India rollout with Axis Bank, sources say

Friday, September 18 by SRN News

By Ashwin Manikandan and Gopika Gopakumar MUMBAI, Sept 18 (Reuters) - Apple is poised to launch Apple Pay in India next month with Axis Bank's credit cards, three sources familiar with the matter said, as it works to expand support among the country's lenders. The launch,... Read More.

Malaysia’s king allows former leader Najib to serve rest of his graft sentence under house arrest

Friday, September 18 by SRN News

KUALA LUMPUR, Malaysia (AP) - Malaysia's king on Friday granted jailed former Prime Minister Najib Razak a rare royal clemency, allowing him to serve the remainder of his prison term for graft under house arrest. The decision came at a suddenly convened Pardons Board meeting,... Read More.

Exclusive-ECB’s Vujcic cools oil-fuelled bets on rate hikes

Friday, September 18 by SRN News

By Francesco Canepa FRANKFURT, Sept 18 (Reuters) - Market bets on further European Central Bank rate hikes are being driven largely by higher energy prices but policymakers will look at a much wider set of economic indicators when deciding their next moves, ECB Vice President... Read More.

BOJ Governor Ueda’s comments at news conference

Friday, September 18 by SRN News

Sept 18 (Reuters) - The Bank of Japan raised interest rates to a 31-year high on Friday and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs. But the widely... Read More.

Nestle weighing all options after Kremlin moves to seize Russia business

Friday, September 18 by SRN News

By John Revill ZURICH, Sept 18 (Reuters) - Nestle said on Friday it was weighing all options to protect its rights after the Kremlin's decision to take control of the Swiss food maker's Russian business, the latest move against a Western company since the war... Read More.

FAA waives emissions rules to let Boeing sell 35 additional 777F freighters

Friday, September 18 by SRN News

By David Shepardson WASHINGTON, Sept 17 (Reuters) - The Federal Aviation Administration said on Thursday it approved a waiver of airplane emissions rules to allow Boeing to sell another 35 777F freighters after 2028. The waiver will allow Boeing to sell the planes for another three... Read More.

Investors react to BOJ raising interest rates to 31-year high

Friday, September 18 by SRN News

Sept 18 (Reuters) - The Bank of Japan raised interest rates to a 31-year high of 1.25% on Friday in a widely expected move to forestall risks of inflation overshooting its 2% inflation target. At a two-day policy meeting that ended on Friday, the board... Read More.

Morning Bid: BOJ struggling to keep pace with hiking partners

Friday, September 18 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its peers. Significantly, the hike, coming just three months after it... Read More.

Hyundai Motor CEO warns of Chinese vehicle surge in the US without guardrails

Friday, September 18 by SRN News

By Abhirup Roy and Hyunjoo Jin SAN JOSE, California/SEOUL, Sept 18 (Reuters) - Hyundai Motor CEO Jose Munoz warned on Thursday that the US could face a similar wave of Chinese auto imports that has disrupted Europe's car market unless Washington maintains tariffs and other... Read More.

Asian shares mostly rise, cheered by a US rally and easing oil prices

Friday, September 18 by SRN News

TOKYO (AP) - Asian shares mostly rose in early Friday trading, getting a lift from a rally on Wall Street as well as declining oil prices. Japan's benchmark Nikkei 225 gained 0.8% in early trading to 64,662.11, as the Bank of Japan ends a two-day... Read More.

Current Weather

Apple Pay eyes India rollout with Axis Bank, sources say

Malaysia’s king allows former leader Najib to serve rest of his graft sentence under house arrest

Exclusive-ECB’s Vujcic cools oil-fuelled bets on rate hikes

BOJ Governor Ueda’s comments at news conference

Nestle weighing all options after Kremlin moves to seize Russia business

FAA waives emissions rules to let Boeing sell 35 additional 777F freighters

Investors react to BOJ raising interest rates to 31-year high

Morning Bid: BOJ struggling to keep pace with hiking partners

Hyundai Motor CEO warns of Chinese vehicle surge in the US without guardrails

Asian shares mostly rise, cheered by a US rally and easing oil prices

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