All News

ZURICH – The Swiss National Bank (SNB) has sold most of its Russia-related assets and sees only limited risk for the Swiss financial sector from the war in Ukraine, its …

By William James LONDON -Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman …

BRUSSELS – European Union countries are likely to agree to allow millions of Ukrainian refugees to exchange their currency, the hryvnia, into currencies used in the EU over the next …

(Refiles Wednesday story to fix typo in National Wealth Fund abbreviation) -Russia’s National Wealth Fund (NWF), which accumulates the country’s oil revenues, fell 11.5% month-on-month to $154.8 billion in February …

By Jonathan Cable LONDON – Euro zone business growth was stronger than expected this month, a survey showed on Thursday, although prices rose at a record pace, likely adding to …

By Samuel Shen and Selena Li SHANGHAI/HONG KONG – A plan by UBS and China Life Insurance Group to set up an asset management joint venture in China faces uncertainty …

TOKYO -Japan’s SMBC Nikko Securities said on Thursday that executives had been arrested and indicted for alleged market manipulation, following charges from the country’s financial watchdog. The brokerage unit of …

By Huw Jones LONDON – New York has extended its lead among the world’s top financial centres, with runner up London losing ground to increasingly competitive rivals in the United …

BEIJING – China will exempt the 3% Value Added Tax (VAT) levied on some small firms, the country’s main source of jobs, the finance ministry said on Thursday, to help …

By Mark Miller – If you need help filing for Social Security, Medicare or disability benefits, I have good news and bad news. The good news: The sprawling network of …

LONDON – Britain’s private sector has reported the steepest rise in prices charged by companies since at least 1999 and optimism is at its lowest ebb in almost a year …

By Jacob Gronholt-Pedersen COPENHAGEN -Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials …

(In story published Friday, corrects big firms’ median capital spending forecast to +4.0% from +4.4% in paragraph 8, after a contributor corrected its forecast) TOKYO -Japan’s big manufacturers’ business mood …

By Carolyn Cohn LONDON -Lloyd’s of London faces major claims this year related to Russia’s invasion of Ukraine, but this will not lead to solvency issues, the commercial insurance market …

By Aditi Shah and Chandini Monnappa HYDERABAD, India -Airbus expects Indian airlines to order 2,210 planes over the next 20 years, up from a previous forecast of 1,900, it said …

STOCKHOLM – Swedish automotive technology group Veoneer said on Thursday that the deal that will see it bought by Qualcomm Inc and SSW Partners would close on April 1. Chipmaker …

A look at the day ahead in markets from Sujata Rao It’s a month since Russian troops stormed into Ukraine, goading the West into an unexpectedly severe sanctions response. Now, …

By Kaori Kaneko and Takahiko Wada TOKYO – Japan is considering requiring companies’ annual reports to disclose average wages by gender and the ratio of female managers, said two people …

BEIJING – China hopes the United States will scrap all tariffs on its goods as soon as possible after the U.S. reinstated 352 product exclusions from China tariffs, the commerce …

By Leika Kihara TOKYO – Japan may see consumer inflation creep up and stay near the central bank’s 2% target for a prolonged period if the war in Ukraine continues …

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI – Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary Fund …

By Eileen Soreng and Praveen Menon – Russia might look to its giant neighbour to replace Australian alumina supplies cut off by sanctions, but Chinese aluminium smelters need all the …

By Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, as uncertainty from Russia’s invasion …

By Yuka Obayashi and Heekyong Yang TOKYO – Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said “unfriendly” countries must pay for Russian gas …

By Makiko Yamazaki and Rocky Swift TOKYO -Toshiba Corp shareholders on Thursday voted down competing proposals – one presented by management and the other backed by activist shareholders, leaving the …