Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Leah Willingham Published Oct 04, 2023 • 6 minute read Join the conversation Article content WILLIAMSON, W.Va. (AP) — Kaitlyn Adkins is studying law to help families in her community impacted by the opioid epidemic at the heart of West Virginia coal country. […]
Article content (Bloomberg) — The embattled Philippine peso will probably strengthen to 55 per dollar by the end of the year, implying a gain of more than 3% from its current level, according to Sunlife of Canada Philippines Inc. “We see the peso appreciating toward the end of the year due to seasonal inflows such […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Audrey Mcavoy Published Oct 03, 2023 • Last updated 1 hour ago • 4 minute read Join the conversation Article content HONOLULU (AP) — Residents from fire-stricken Lahaina on Tuesday delivered a petition asking Hawaii Gov. Josh Green to delay plans to reopen a […]
Article content HONG KONG (AP) — Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. Article content Evergrande is the world’s most heavily indebted real […]
Article content NEW YORK (AP) — Sam Bankman-Fried, a tech wunderkind who once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency, faces the start of a criminal trial over allegations that he cheated thousands of customers. Jury selection begins Tuesday in New York in a case […]
Article content (Bloomberg) — Turkish inflation probably exceeded 60% for the first time this year as higher energy costs complicate efforts to contain domestic demand with jumbo interest-rate hikes. The pace of annual price gains accelerated to near 62% last month from almost 59% in August, according to the median forecast in a Bloomberg poll […]
Article content (Bloomberg) — Oil fell for a fourth day as macroeconomic concerns overshadowed physical market tightness to cloud the demand outlook. West Texas Intermediate traded near $88 a barrel after declining by 2.2% in the previous session. A global rout in sovereign bonds and shares extended into Tuesday, while the dollar strengthened as traders […]
Article content (Bloomberg) — Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries. Prices of lithium carbonate in China fell to 166,500 yuan ($22,814) a ton last Wednesday, ahead of the Golden Week holidays, […]
Article content TOKYO (AP) — Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey released Monday. The Bank of Japan’s “tankan” quarterly survey measured business sentiment among major manufacturers at plus 9, up from plus 5 in June. Article content Sentiment among major non-manufacturers […]
Article content (Bloomberg) — PT Barito Renewables Energy, owned by Indonesian billionaire Prajogo Pangestu, is poised to raise 3.13 trillion rupiah ($203 million) through an initial public offering in Jakarta, according to a statement published on Monday. The company, which has Pangestu’s energy firm PT Barito Pacific as its main shareholder, priced the shares at […]