Indian Rupee Likely Higher, awaits Fed Rate Decision

BENGALURU, June 14 Reuters The Indian rupee is expected to open higher on Wednesday after U.S. inflation data reaffirmed views that the Federal Reserve will likely keep interest rates unchanged in June. Nondeliverable forwards indicate the rupee will open at around 82.2282.24 to the U.S. dollar, compared with 82.3675 in the previous session. The consumer […]
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Toyota Shareholders Reject Climate Resolution in Win for Automaker

TOYOTA CITY, Japan, June 14 Reuters Toyota shareholders rejected a resolution urging greater disclosure of its climate lobbying on Wednesday, voting down the first investor proposal to come before the automaker39;s annual general meeting in almost two decades. Investors also backed all 10 members of the board, including Chairman Akio Toyoda, despite concerns about board independence raised by […]
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Spains Energy Firms Look to Central Europe Markets for Green Hydrogen Deals

MADRID, June 14 Reuters Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step. The two Spanish companies are vying to become green hydrogen leaders, with planned investments worth billions of euros. The recent agreements will help […]
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S.Koreas Jobless Rate Falls to Record Low

SEOUL, June 14 Reuters South Korea39;s jobless rate fell in May to a record low, official data showed on Wednesday, indicating a still robust labour market although conditions were softer in the manufacturing sector amid slowing economic growth. The employment report provides a brighter backdrop to the country as it navigates external challenges from tighter […]
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Indian Wholesale Prices fall 3.48 in May

NEW DELHI, June 14 Reuters India39;s annual wholesale prices fell for the second consecutive month in May on easing input costs brought about by lower commodity prices, government data showed on Wednesday. The wholesale price index WPI fell 3.48, compared with a 2.35 fall estimated by economists in a Reuters poll. It fell 0.92 in April. […]
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German Wholesale Prices Drop Sharply in May

BERLIN, June 14 Reuters Germany39;s wholesale prices decreased by 2.6 on the year in May, the sharpest drop in nearly three years, according to data released on Wednesday, in a sign that inflation in Europe39;s largest economy will continue to ease. May39;s yearonyear decrease was the strongest since July 2020, when the outbreak of the […]
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