Business News

By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India is likely to raise interest rates once again in April as inflation pressures persist and the …

By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani official said, as the two sides look to reach …

BERLIN (Reuters) – The German economy will grow slightly this year, the European Commission said Monday, revising upwards its previous forecast for a 0.6% contraction. In its winter forecasts, the …

(Reuters) – Japanese investors turned net buyers of overseas bonds in January for the first time in five months, as U.S. bond yields retreated on signs that slowing inflation would …

TOKYO (Reuters) – Toyota Motor Corp will ramp up its battery-electric offerings by focusing on its Lexus luxury brand, its incoming chief executive said on Monday, but the company will …

NAIROBI (Reuters) – Kenya’s President William Ruto has nominated Susan Koech, a career banker who has also served in top government posts, to be the second deputy governor of the …

LONDON (Reuters) -Inflation is in the driving seat for markets already taking a punt on when central banks will start to cut borrowing rates. That puts Tuesday’s U.S. inflation data …

(This Feb. 10 story has been corrected to change the Chinese bond index name in paragraph 10.) By Summer Zhen HONG KONG (Reuters) – Global investors are reducing their holdings …

By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -DBS Group, which has seen its net interest margins hit highs for the decade on rising interest rates, expects rates to moderate, …

A look at the day ahead in European and global markets from Tom Westbrook A flying octagon was the fourth object to be shot down over North America by a …

(Reuters) -India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure, Bloomberg News reported on Sunday. Listed companies controlled by billionaire Gautam Adani …

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan’s expected next governor Kazuo Ueda likely won’t rush to overhaul ultra-loose policy and will instead let economic …

By Savyata Mishra (Reuters) -Australia’s Star Entertainment Group on Monday warned of an up to A$1.6 billion ($1.11 billion) impairment charge in first-half earnings from a proposed casino duty hike …

(Reuters) – Australia’s Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual core earnings forecast, as prolonged wet weather and a derailment …

SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding …

By Chen Lin SINGAPORE (Reuters) -Singapore’s economy grew slightly less than initially estimated in the fourth quarter from a year ago, official data showed on Monday, and the government kept …

(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact …

SHANGHAI (Reuters) – Zeekr, the electric car brand of China’s Geely Automobile Holdings, is raising $750 million from five new and existing investors in a funding round that values the …

By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms and …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. World markets this week will be dominated by U.S. inflation figures on Tuesday, …

By Maiya Keidan TORONTO (Reuters) – A recent rise in Canada’s shareholder activism faces a reality check next month when a new law that gives more powers to investors to …

By Lewis Krauskopf NEW YORK (Reuters) -U.S. stocks that took a beating last year are surging in the early weeks of 2023, leading markets higher. Some investors believe that trend …

BERLIN (Reuters) – BMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money magazine reported on Sunday, citing the German carmaker’s chief financial …

By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters) -SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to …