Financial News

By Leika Kihara TOKYO – The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed on Thursday, …

By Leika Kihara and Wayne Cole (Reuters) – Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic …

(Corrects paragraph 1 name of automaker after 3DOM clarifies) By Satoshi Sugiyama TOKYO -A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles …

ZURICH – Credit Suisse Group published restated historical financial information on Thursday reflecting its new divisional reporting structure that was announced in November. It published the information on this website: …

By Sameer Manekar (Reuters) – Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore …

By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy tightening …

By Karen Brettell and Davide Barbuscia (Reuters) – Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the flattening Treasury yield curve, which …

By Joyce Lee and Heekyong Yang SEOUL -Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, …

By Davide Barbuscia, Alexandra Alper and Karin Strohecker NEW YORK/WASHINGTON/LONDON – Investors in Russia’s international bonds face an increasingly uncertain path to recover their money should Russia ultimately default, while …

By Rithika Krishna (Reuters) – More than half of the European population support legalization of adult use of cannabis and around 30% of them are interested in purchasing it, according …

By Jamie Freed (Reuters) -A Boeing Co 737 MAX meant for China Eastern Airlines subsidiary Shanghai Airlines landed in Shanghai on Thursday, flight tracking websites showed, amid uncertainty over when …

By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another …

By Svea Herbst-Bayliss BOSTON – Hedge fund Cinctive Capital Management is expanding beyond its bread-and-butter stock trading and has hired former Brevan Howard trader Giles Coppel to lead a team …

CARACAS – Venezuela’s inflation slowed down further to reach 1.4% in March, its lowest level in almost a decade, according to figures reported on Wednesday by the Central Bank. The …

By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc, the latest in a series of large investments by …

By Chen Aizhu and Florence Tan SINGAPORE -China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western …

By Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will remain dominant for now so long as the Federal Reserve stays a hawkish course on interest rate hikes …

By John McCrank NEW YORK – The West’s punishment of Moscow over its invasion of Ukraine ramped up this week following the discovery of civilians shot dead at close range …

By Jamie McGeever ORLANDO, Fla. -The U.S. dollar’s share of world currency reserves continues to ebb slowly – but reserve stashes are only one measure of its dominance of global …

By Jonathan Stempel NEW YORK – A former McKinsey & Co partner who helped advise Goldman Sachs Group Inc on its recent purchase of fintech lender GreenSky Inc was sentenced …

By Lewis Krauskopf, Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) – Wall Street’s main indexes fell on Wednesday, with steep declines in tech and other growth stocks, after minutes from …

By David Milliken LONDON – More than one in five bankers earning at least 125,000 pounds ($164,000) a year in Britain have benefited from non-domiciled tax status, as have many …

By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third …

(Reuters) -Meta Platforms Inc is readying plans to introduce virtual tokens and cryptocurrencies to its family of apps with an aim to use such virtual tokens for rewarding creators and …

By Jonathan Stempel and Jody Godoy NEW YORK -BlackBerry Ltd plans to settle a more than eight-year-old lawsuit claiming it defrauded shareholders by inflating the success and profitability of its …