Morning Bid: Asia’s FX Doomloops

Banknotes of Japanese yen and US dollar can be seen in this image, taken September 23, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Register Sept. 26 (Reuters) – A look at Jamie McGeever’s day ahead of Asian markets Expect an ugly opening to Asian markets on Monday as investors try to … Read more

World Bank pledges $2 billion for flood-ravaged Pakistan

ISLAMA BAD — The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,600 people this year, the largest aid pledge to date. Unprecedented monsoon rains and flooding this year — which many experts attribute to climate change — have also injured some … Read more

EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar Su Register now for FREE unlimited access to Register SINGAPORE, Sept. 25 (Reuters) – Grab, the largest taxi and food delivery company in Southeast Asia, is not planning to take mass layoffs like some rivals have done, and is hiring selectively … Read more

North Korea fires ballistic missile into sea

The short-range missile was fired early Sunday morning local time from the Taechon area of ​​North Pyongan province, according to South Korea’s Joint Chiefs of Staff (JCS). It said the South Korean and US militaries “remain fully prepared” and cooperate closely after the launch, describing it as a “significant provocative act that harms the peace … Read more

South Korea’s finance minister says more stabilizing foreign exchange measures are on the way

Register now for FREE unlimited access to Register SEOUL, Sept. 25 (Reuters) – South Korea’s finance minister said the government would prepare more measures to stabilize the foreign exchange market while downplaying the need for a currency swap deal with the United States. The measures include using the government’s foreign exchange clearing fund to … Read more

Iran says US move to ease internet sanctions is part of its hostile stance

A national Iranian flag flutters in the wind above an Iranian embassy building amid Russia’s attack on Ukraine, in Kiev, Ukraine, Sept. 24, 2022. REUTERS/Valentyn Ogirenko Register now for FREE unlimited access to Register DUBAI, Sept. 24 (Reuters) – Iran on Saturday criticized a US move to make exceptions to sanctions to help provide … Read more

Russia’s Lavrov accuses Washington of ‘playing with fire’ around Taiwan

Register now for FREE unlimited access to Register UNITED NATIONS, Sept. 24 (Reuters) – Russia on Saturday accused the United States of “playing with fire” around Taiwan, while China said it will push for “peaceful reunification” with the democratically-ruled island and pledged to take strong steps to resist against any outside interference, a thinly … Read more

Ukraine 2022/23 solar oil output seen at 3.5 to 4.9 mln T – analyst

Register now for FREE unlimited access to Register KYIV, Sept. 24 (Reuters) – Ukraine’s sunflower oil production could reach between 3.5 and 4.9 million tons in the 2022/23 season, compared to 5 million tons in 2021/22, analyst APK-Inform said on Saturday. The consultancy said in a report that solar oil exports could be between … Read more

Musk says to activate Starlink, in response to Blinken about internet freedom in Iran

The Starlink logo can be seen on a smartphone in front of the Ukrainian flag displayed in this image, taken Feb. 27, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Register Sept. 23 (Reuters) – SpaceX CEO Elon Musk said Friday he would activate the company’s satellite internet service, Starlink, in response … Read more

US expands sanctions exceptions to provide internet to Iranians

Register now for FREE unlimited access to Register NEW YORK, Sept. 23 (Reuters) – The US Treasury Department issued guidelines Friday to expand the reach of internet services for Iranians, despite US sanctions against the country, amid protests surrounding Iran after the death of a 22-year-old woman in custody . The finance ministry said … Read more