Business News

BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.6% this year, Bank of Thailand (BOT) governor Sethaput Suthiwartnarueput said on Monday, adding that fiscal an monetary policy should prioritize …

By Leika Kihara TOKYO (Reuters) – New Bank of Japan Governor Kazuo Ueda’s main challenge will be to phase out its controversial yield curve control policy, which has come under …

By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely eased in March to 5.80% thanks to softer food price rises, dipping below the Reserve Bank of India’s upper tolerance …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s current account swung to a surplus in February, reflecting hefty returns on securities investments and easing some concerns about any weakening of the …

By Mohi Narayan and Jonathan Saul NEW DELHI/LONDON (Reuters) -Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The dramatic escalation in China-Taiwan tensions will loom large over Asia on Monday, …

SHANGHAI (Reuters) -Tesla Inc is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack factory in California, the company …

By Divya Rajagopal TORONTO (Reuters) – Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks …

TAIPEI (Reuters) – Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) …

MANILA (Reuters) – The Philippine central bank may consider pausing its monetary tightening next month if April inflation does not accelerate, the bank’s governor said on Sunday. Bangko Sentral ng …

TOKYO (Reuters) – The Bank of Japan will likely modify or end its bond yield control policy due to increasing side-effects such as the hit to financial institutions’ profits, former …

BRASILIA (Reuters) – Brazil’s government should revise the rules for increasing mandatory expenses and budget constraints before the end of the year, once reform of the tax system has been …

(Reuters) -The U.S. arm of cryptocurrency exchange Binance is struggling to find a bank to handle its customers’ cash after the failure of Signature Bank last month, the Wall Street …

ZURICH (Reuters) – UBS’s multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday. The Swiss …

ZURICH (Reuters) – Austria’s government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country’s financial sector, Finance Minister Magnus Brunner …

By Lewis Krauskopf NEW YORK (Reuters) – A closely watched U.S. inflation report next week could help settle one of Wall Street’s most pressing questions: whether the market has correctly …

(Reuters) – First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock “as a measure of prudent …

By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the …

By David Shepardson WASHINGTON (Reuters) – U.S. safety authorities said on Friday they are investigating whether an advanced driver assistance system was in use when a Tesla struck a 17-year-old …

By Laila Kearney (Reuters) -A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday, after months of strained labor negotiations …

By Stephen Nellis (Reuters) – (This April 5 story has been corrected to clarify that Neuchips did not beat Qualcomm and Nvidia in one category of testing as it didn’t …

(Reuters) – WeWork Inc. on Friday said it has adopted a “poison pill” to limit its shareholders from increasing stakes, which would make it difficult for the company to use …

By David Shepardson WASHINGTON (Reuters) -Tesla is recalling just over 400 Model 3 vehicles in the United States because front suspension lateral link fasteners may loosen. Tesla will tighten or …

By David Shepardson WASHINGTON (Reuters) -General Motors’ robotaxi unit Cruise LLC is recalling the automated driving software in 300 vehicles after one of its driverless vehicles crashed into the back …