Reuters

By Joyce Lee and Heekyong Yang SEOUL – South Korea’s LG Display Co Ltd on Wednesday reported a 30% drop in quarterly operating profit as a one-off cost related to …

By Katanga Johnson WASHINGTON – A year after the “meme stock” rally humbled hedge funds and roiled Wall Street, U.S. regulators are studying ways to crack down on psychological prompts …

By Simon Jessop and Elizabeth Howcroft LONDON -Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit focused on ‘impact’ …

By Farah Master HONG KONG -Hong Kong may not reopen until early 2024 because of its strict COVID-19 policies, which could trigger an exodus of foreign firms and staff and …

BEIJING -Beijing reported 14 local confirmed COVID-19 cases on Wednesday, the highest daily count in its current outbreak, less than two weeks before the Winter Olympics are set to start …

TOKYO -Nidec Corp, a Japanese maker of electric motors, on Wednesday said third-quarter operating profit dipped as rising material prices and a shortage of semiconductors squeezed margins. The company is …

By Maria Chutchian – Grupo Aeromexico SAB de CV is nearing the finish line of its restructuring with a proposed plan to reduce debt by more than $1 billion, but …

BERLIN – Germany will host the main finance meeting of its presidency of the Group of Seven economic powers from May 18-20, the Rheinische Post newspaper reported on Wednesday. “This …

MOSCOW – Russia has put the brother of jailed Kremlin critic Alexei Navalny on a wanted list, according to interior ministry records, as he faces a summons for a court …

By Michael Martina WASHINGTON -The U.S. State Department is considering whether to authorize departures for American diplomats and their families in China who wish to leave due to the U.S. …

LONDON – British police said on Wednesday they had arrested two men in the northern English city of Manchester as part of a U.S. investigation into a hostage taking at …

By Anna Ringstrom STOCKHOLM -Hygiene products group Essity reported a bigger-than-expected drop in fourth-quarter profit on Wednesday and said it planned to further hike prices in the face of record …

By Nivedita Balu and Jane Lanhee Lee -Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud …

LONDON -British money manager M&G said on Wednesday it has taken a minority stake in digital wealth manager Moneyfarm as part of a partnership to provide investment services to consumers …

By David Shepardson WASHINGTON -The U.S. Commerce Department said Tuesday a global survey of semiconductor chip producers and users shows a shortage will persist, sparked primarily by wafer production capacity …

By Kate Holton LONDON -Budget airline Wizz Air warned its fourth-quarter loss would likely top the 213.6 million euros ($241.2 million) third-quarter hit reported on Wednesday, before an expected recovery …

By Greg Torode and Jessie Pang HONG KONG – Hong Kong’s security chief said on Wednesday that his government would strengthen laws against espionage as part of extra national security …

By Silke Koltrowitz ZURICH -Swiss chocolate maker Barry Callebaut said strong demand for chocolate, in particular from chefs and caterers, lifted its sales in the three months to Nov. 30, …

BERLIN – The mood among German exporters brightened considerably in January, with almost all industries expecting growth, the Ifo economic institute said on Wednesday. Ifo’s barometer for export expectations rose …

– Online trading platform CMC Markets Plc said on Wednesday its amount of client money and assets under administration in the third quarter remained close to record highs, and reiterated …

PARIS – French consumer confidence dipped in January, an official statistics survey showed, as concerns over inflation weighed on the euro zone’s second biggest economy. Consumer confidence slipped to 99 …

TOKYO – Toshiba Corp on Wednesday said it had partially restarted production at a semiconductor plant in Oita, southern Japan, that was halted after a strong earthquake hit the area …

– Harry Potter publisher Bloomsbury forecast annual profit and revenue ahead of current market expecations on Wednesday, led by strong sales at its consumer book division that sells children’s and …

A look at the day ahead from Dhara Ranasinghe. Some previous market tantrums over a looming tightening in policy made central bankers think twice about taking away hefty monetary support. …