Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Stella Qiu and Wayne Cole SYDNEY, Aug 11 (Reuters) - Australia's central bank held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as expected...

SYDNEY, Aug 11 (Reuters) - Australia's central bank held its cash rate steady at 4.35% as expected on Tuesday, saying the economy was slowing in the face of tighter financial conditions, while warning...

SYDNEY, Aug 11 (Reuters) - Australia's central bank warned on Tuesday that inflation risks were still tilted to the upside amid tensions in the Middle East, but expected cost pressures to cool a littl...

A look at the day ahead in European and global markets from Rae Wee Oil prices were back on the rise on Tuesday and touched their highest this month, as Washington and Tehran continued to trade demand...

Aug 11 (Reuters) - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.S. firm's 49.99% stake, citing weaker...

KUALA LUMPUR, Aug 11 (Reuters) - Malaysia's industrial production index in June rose 6.5% from a year earlier, below expectations, government data showed on Tuesday. June's factory output had been for...

By Amanda Cooper LONDON, Aug 11 (Reuters) - Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, wh...

By Ankur Banerjee SINGAPORE, Aug 11 (Reuters) - The yen wobbled near the crucial 160 level on Tuesday, as joint U.S.-Japan intervention failed to deliver a lasting boost, while the Australian dollar h...

Aug 11 (Reuters) - Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20 billion as the South Korean conglomerate seeks to expand in th...

By Andrea Shalal PHILADELPHIA, Aug 10 (Reuters) - U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help smal...