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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Thai banks’ bad loans slow to 2.73% of lending at December-end -central bank

    by Reuters February 20, 2023
    by Reuters February 20, 2023

    BANGKOK (Reuters) – Thai banks’ non-performing loans stood at 2.73% of total lending at the end of December 2022, down from 2.77% at the end of September, helped by debt …

  • Business News

    Marketmind: Up, up and away

    by Reuters February 20, 2023
    by Reuters February 20, 2023

    A look at the day ahead in European and global markets from Anshuman Daga Asian shares edged up from their lowest levels in about one month but trading was slow …

  • Business News

    Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as …

  • Business News

    Malaysia’s Jan exports rise 1.6% y/y, below forecast

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    KUALA LUMPUR (Reuters) – Malaysia’s exports rose 1.6% from a year earlier in January, slower than expected, government data showed on Monday. January’s exports had been forecast to expand 7.4%, …

  • Business News

    China holds lending benchmarks for 6th month, but more easing seen

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for a sixth straight month in February, as expected, with the world’s second-largest economy …

  • Business News

    A.P. Moller Capital plans $750 million infrastructure deals in South, Southeast Asia

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Anshuman Daga SINGAPORE (Reuters) – A.P. Moller Capital, the asset management unit of Danish transportation and logistics giant A.P. Moller Group, said on Monday it aims to invest more …

  • Business News

    Disasters lower outlook for New Zealand interest rate rise

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Lucy Craymer WELLINGTON (Reuters) – Expected damage to New Zealand’s economy from severe weather over the past three weeks has prompted financial markets to downgrade the outlook for interest …

  • Business News

    U.S. IPO pick-up offers hope of market re-open

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    (This Feb. 17 story has been corrected to fix SoftBank Group’s Reuters Instrument Code in paragraph 4.) By Echo Wang NEW YORK (Reuters) – Is the IPO winter finally easing? …

  • Business News

    China’s mortgage rate cuts spur prepayment rush, threaten bank earnings

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Ziyi Tang, Liangping Gao and Ryan Woo BEIJING (Reuters) -China has been cutting mortgage rates since last year to boost sales in its moribund property market, but the main …

  • Business News

    UK property asking prices show weakest February gain on record: Rightmove

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Suban Abdulla LONDON (Reuters) – Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a …

  • Business News

    Marketmind: China to keep calm on rates

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Three central bank policy decisions dominate the economic calendar in Asia this week, …

  • Business News

    Lebanon’s central bank chief says he will not renew his term

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    CAIRO (Reuters) -Lebanon’s embattled central bank chief Riad Salameh said on Sunday he would leave his post once his latest term ends in July even if he is asked to …

  • Business News

    Airbus’ defence arm says Berlin delaying exports worth billions

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Sabine Siebold MUNICH (Reuters) – Slow German government export approvals are holding up Airbus Defence & Space defence exports worth several billions of euros, the company’s chief executive said …

  • Business News

    Ukraine war expected to cost Germany 160 billion euros by year-end

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    BERLIN (Reuters) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic output, in lost value creation …

  • Business News

    Wall Street Week Ahead: Retailers’ results may be next test for rally in U.S. stocks

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    By Lewis Krauskopf NEW YORK (Reuters) – Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight …

  • Business News

    Carmaker Stellantis upbeat about future of German brand Opel – magazine

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    BERLIN (Reuters) – Franco-Italian carmaker Stellantis is upbeat about the outlook of its German subsidiary Opel which it believes will be able to keep operating as a separate brand, the …

  • Business News

    VW, Mercedes-Benz urge Berlin to accelerate EV charging network expansion, report says

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    BERLIN (Reuters) – German carmakers Mercedes-Benz and VW have urged the government to do more to scale up the number of electric vehicle charging stations across the country, German paper …

  • Breaking NewsBusiness NewsCommunity NewsJackson Township NewsNew Jersey News

    Reviews say this Jackson restaurant is extremely loud, but people are always waiting to get in

    by Op-ed Contributor February 19, 2023
    by Op-ed Contributor February 19, 2023

    by Linda Johnson – Reader review JACKSON TOWNSHIP, NJ – One thing Jackson Township has enough of is Italian restaurants and pizzerias, but one Italian restaurant in town stands apart …

  • Breaking NewsBusiness NewsFood & DiningJackson Township NewsNew Jersey NewsOcean County News

    Brick Asian Fusion buffet is northern Ocean County’s best kept secret

    by Op-ed Contributor February 19, 2023
    by Op-ed Contributor February 19, 2023

    by Linda Johnson – reader review BRICK TOWNSHIP, NJ – Everyone has their favorite Chinese food spot, their favorite sushi and hibachi spot, and even their favorite Chinese buffet, but …

  • Business News

    China refines capital and risk management of commercial banks

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step …

  • Business NewsTop Headlines

    Exclusive-Discover to enable tracking of purchases at gun retailers from April

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    By Ross Kerber (Reuters) -Discover Financial Services, a provider of credit cards, told Reuters it will allow its network to track purchases at gun retailers come April, making it the …

  • Breaking NewsBusiness NewsTop Headlines

    Pepsico recalls some Starbucks vanilla frappuccino drinks in U.S

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    (Reuters) – Pepsico Inc recalled more than 25,000 cases of Starbucks chilled coffee drink after glass was found in some of the bottles, the U.S. Food and Drug administration said …

  • Business News

    Balfour Beatty’s engineering workers to stage strikes in March

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    (Reuters) – More than 100 engineering workers at Balfour Beatty will stage three 48-hour strikes in March over pay disputes, British trade union RMT said on Saturday. The decision comes …

  • Business News

    ISS urges Apple shareholders to vote for CEO Tim Cook, other execs’ pay packages

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has urged Apple Inc’s investors to vote for its director nominees and the pay packages for top executives, including Chief Executive …

  • Business News

    Vietnam’s EV maker VinFast recalls nearly 2,800 units domestically

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    HANOI (Reuters) – Vietnam’s electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting …

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