Dollar firm ahead of Powell testimony, sterling up on hot inflation
(Reuters) – The dollar was firmer on Wednesday leading into Federal Reserve Chair Jerome Powell’s appearance before Congress where he…
Australian lawmaker calls for international probe into PwC govt tax scandal
(Reuters) – The chair of an Australian senate committee looking into PricewaterhouseCoopers’ leak of a confidential government tax plan has…
CBA lowers home loan buffer rates for some refinancing clients to 1%
(Reuters) – Commonwealth Bank of Australia on Wednesday cut its buffer rate for some borrowers refinancing their existing home loan…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.58%
Australia stocks were lower after the close on Wednesday, as losses in the Gold, Energy and Consumer Discretionary sectors led…
Japan stocks higher at close of trade; Nikkei 225 up 0.56%
Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Precision Instruments and Retail sectors…
European shares fall on real estate drag, UK stocks slide after CPI data
(Reuters) – European shares opened lower on Wednesday after the real estate sector led declines against rising euro zone bond…
China unveils $72 billion tax break for EVs, other green cars to spur demand
(Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric vehicles (EVs) and…
China unveils $72 billion tax break for EVs, other green cars to spur demand
(Reuters) – China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric vehicles (EVs)…
Hyundai considers adopting Tesla charging standard
Hyundai (KS:005380) held its 2023 CEO Investor Day on Tuesday where CEO Jaehoon Chang revealed that the South Korean automaker…
Wall St falls as Fed worries weigh; Tesla climbs
(Reuters) – Wall Street’s main indexes fell on Tuesday as better-than-expected housing data fueled worries of more interest rate hikes…