Business News

By Seunggyu Lim, Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea is reviewing measures to limit currency and swap traders’ tenure in local dealing rooms to three to …

By Jamie McGeever ORLANDO, Florida (Reuters) -The euro was already poised to weaken further before the European Central Bank’s latest rate decision, but in signaling Thursday’s hike will be its …

By Ludwig Burger and Paul Arnold FRANKFURT (Reuters) – Sandoz plans to launch at least five additional biologic drugs, its CEO Richard Saynor said, as the generics drugs business of …

By Roushni Nair and Rishav Chatterjee (Reuters) – Australia’s competition regulator on Friday said it planned to end a long-surviving partnership between Qantas Airways and a Chinese state-owned carrier over …

SEOUL (Reuters) – South Korea’s housing market climbed for a second straight month in August, data showed on Friday, with prices rising across the country. The nationwide house transaction price …

By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders are standing firm on bets that the European Central Bank will cut interest rates next year, challenging the bank’s “higher rates …

By Samuel Indyk LONDON (Reuters) – Investors are finally seeing potential in European mining shares, as China’s step-by-step economic stimulus is steadily laying the foundations for a recovery of the …

A look at the day ahead in European and global markets from Kevin Buckland The markets will have plenty of impetus for an equity rally at the European open, after …

AMSTERDAM (Reuters) – Uber Technologies said on Friday it has agreed a delivery partnership with Deliverect, a Belgium-based company that sells order management software to restaurants. Restaurants use Deliverect to …

(Reuters) – SoftBank Group’s Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion. The following are key facts about Arm: REVENUES …

By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s trade surplus soared to twice the forecast amount in August as imports such as raw materials and capital goods fell more …

SINGAPORE (Reuters) – The Australian government implemented a series of regulations and measures in the gas industry to meet domestic energy needs, manage soaring gas prices and reduce emissions. Gas …

By Emily Chow and Yuka Obayashi SINGAPORE/TOKYO (Reuters) – Long before labour unrest at liquefied natural gas (LNG) plants threatened to disrupt supplies, Australia was on track to lose its …

BEIJING (Reuters) – The nationalist Chinese newspaper Global Times described as “excessive” Europe’s probe into cheaper Chinese electric vehicles (EVs), and said China’s superior offering are the envy of other …

By Liangping Gao and Ryan Woo BEIJING (Reuters) – A slump in China’s property sector worsened in August, with deepening falls in new home prices, property investment and sales, despite …

By Leika Kihara TOKYO (Reuters) – Japan’s core inflation likely ran at 3.0% in August, according to a Reuters poll, staying above the central bank’s 2% target for a 17th …

NEW YORK/BANGALORE (Reuters) – Billionaire investor Ken Griffin, founder of U.S. hedge fund Citadel, said on Thursday that he has some doubts about the continuity of the markets rally and …

SHANGHAI/SINGAPORE (Reuters) -China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate on them unchanged on Friday, boosting liquidity after a similar move the previous day. …

By Andrea Shalal LARGO, Maryland (Reuters) – President Joe Biden vowed on Thursday to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the …

(Reuters) -Citigroup has become the first digital custodian participant of the BondbloX Bond Exchange (BBX), the securities solutions management unit of the global investment bank said on Friday. BBX, which …

By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) -UBS Group CEO Sergio Ermotti plans to stay at the helm through 2026 to integrate former rival Credit Suisse in a …

By Jonathan Stempel (Reuters) -Employees of the former Bed Bath & Beyond on Thursday sued the committee that oversaw its 401(k) retirement plan, saying its “imprudence” caused them to suffer …

KUALA LUMPUR (Reuters) – Malaysia has taken action against 400 companies so far this year for violating labour laws, state news agency Bernama reported, citing Human Resources Minister V. Sivakumar. The …