Business – Page 53 – Freedom 96.9

Japan’s central bank raises benchmark interest rate to 1.25%

Friday, September 18 by SRN News

TOKYO (AP) - Japan's central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high. The Bank of Japan has been trying to normalize monetary policy after decades of keeping interest rates near or below zero to try to encourage... Read More.

Russia’s wartime economy faces long-term erosion from debt and military spending

Friday, September 18 by SRN News

FRANKFURT, Germany (AP) - The frictions in Russia's wartime economy are growing, as massive military spending balloons the budget deficit. Consumers and businesses are gloomier. Growth has slowed. None of that, however, signals an imminent financial crisis or economic collapse, economists say. With crucial oil... Read More.

Qantas ground workers to strike over pay and conditions next week

Thursday, September 17 by SRN News

SYDNEY, Sept 18 (Reuters) - Hundreds of Qantas ground workers who handle freight and its QantasLink regional flights will strike over pay and working conditions next week, the Transport Workers Union said on Friday. Workers will strike for a 24-hour period on Wednesday in... Read More.

Orion180 Insurance prices US IPO below range, raises $240 million

Thursday, September 17 by SRN News

Sept 17 (Reuters) - Orion180 Insurance on Thursday priced its US initial public offering below its targeted range and raised $240 million, joining a growing pipeline of insurers testing investor appetite as the fall listing season gathers momentum. The Melbourne, Florida-based company sold 20 million... Read More.

Oil prices fall 1% on hopes of limited supply disruptions

Thursday, September 17 by SRN News

By Arathy Somasekhar Sept 18 (Reuters) - Oil prices fell about 1%, extending losses for a third session, but stayed above $100 on Friday, as hopes of alternate ways for barrels from the Middle East to reach markets outweighed concerns about strikes between Saudi Arabia... Read More.

Yen weak ahead of BOJ decision; rate hike expected

Thursday, September 17 by SRN News

By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) - The yen got off to a weak start against the dollar and the euro at the start of Asian trading on Friday, with currency markets in a subdued mood ahead of an expected rate hike from... Read More.

Waymo to bring autonomous ride-hailing to Singapore in 2028

Thursday, September 17 by SRN News

SINGAPORE, Sept 18 (Reuters) - Alphabet's autonomous driving unit Waymo will roll out its autonomous all-electric ride-hailing service in Singapore by 2028, Waymo announced on Friday, marking its first entry into Southeast Asia. • Waymo said an initial fleet of all-electric Jaguar I-PACE vehicles will... Read More.

Stocks rise as oil dips, yen wobbles ahead of BOJ

Thursday, September 17 by SRN News

By Ankur Banerjee SINGAPORE, Sept 18 (Reuters) - Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with a dip in oil prices improving sentiment ahead of an expected rate... Read More.

Explainer-What commodity markets can expect from the Trump-Xi summit

Thursday, September 17 by SRN News

By Lewis Jackson BEIJING, Sept 18 (Reuters) - Trade in agriculture, energy and rare earths has become major bargaining chips in the trade war between the United States and China and are likely to feature again when President Donald Trump hosts his counterpart Xi Jinping... Read More.

A sweeping US sanctions bill offers Ukraine new leverage on Russia, but enforcement looms

Thursday, September 17 by SRN News

KYIV, Ukraine (AP) - Ukraine has long argued that Russia will only negotiate seriously if the cost of continuing the war becomes too high. For Kyiv, punitive sanctions that impose real economic costs on Moscow are a key part of that strategy. This week's passage of... Read More.

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