Financial News

By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest …

By Makiko Yamazaki TOKYO -Investors sent Toshiba Corp shares sharply higher on Friday as they bet the Japanese conglomerate could become the target of a bidding war after Bain Capital …

MEXICO CITY -U.S. climate envoy John Kerry said on Thursday he put forward proposals for reaching consensus on a contentious Mexican electricity bill in a meeting with Mexican President Andres …

(Reuters) – A key part of the U.S. yield curve inverted on Friday morning in Asia, the second time in a few hours, according to Tradeweb data, as the two-year …

TOKYO – Private equity firm Bain Capital has sounded out multiple Toshiba Corp shareholders in addition to Effissimo Capital Management about a possible offer for the Japanese conglomerate, two sources …

SEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply chain disruptions and inflationary pressures, …

TOKYO – Japan’s manufacturing activity grew at a faster pace from the prior month in March as domestic demand got a lift from the waning impact of the coronavirus pandemic. …

By Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as its global peers raise rates, …

By Alexandra Alper and Timothy Gardner WASHINGTON – President Joe Biden on Thursday launched the largest release ever from the U.S. emergency oil reserve and challenged oil companies to drill …

By Leika Kihara and Tetsushi Kajimoto TOKYO -Japanese business confidence hit a nine-month low in the first quarter, a central bank survey showed, as companies took a hit from supply …

(Reuters) – Online gaming platform Roblox Corp said on Thursday Apple Inc’s App Store offers privacy and safety benefits to its users, supporting the iPhone-maker’s bid to beat an appeal …

By Tina Bellon (Reuters) -Washington Governor Jay Inslee on Thursday signed into law a minimum pay standard for Uber and Lyft drivers, making Washington the first U.S. state to implement …

By Leika Kihara and Yoshifumi Takemoto TOKYO – Japan has little to cheer about a weak yen, which reflects its deteriorating economic fundamentals and trade deficit, the country’s former top …

By Koh Gui Qing NEW YORK -Global stocks dropped on Thursday with U.S. shares sinking over 1.5%, as concerns about a recession and the Russian-Ukranian war spurred selling, while oil …

By David Shepardson (Reuters) -Ford Motor Co and General Motors will each halt production next week at a Michigan plant due to parts shortages, the two companies said separately on …

SYDNEY -The Australian government on Friday appointed a woman as second in command at the country’s central bank, the first female to hold the position in the bank’s 62-year history …

By Michael Martina and David Lawder WASHINGTON -U.S. Trade Representative Katherine Tai on Thursday declined to say if Taiwan would be invited to join the Biden administration’s Indo-Pacific economic plan, …

(Reuters) -Video game retailer GameStop Corp said on Thursday it would seek shareholder approval for a stock split, aiming to become the latest U.S. company to make it easier for …

LONDON – A surge in demand for workers in Britain is showing some signs of stabilising, according to a survey published on Friday that may provide some comfort to the …

By Jessica DiNapoli NEW YORK – Oreo cookie maker Mondelez International Inc said its plant in Trostyanets, a town in eastern Ukraine, has suffered “significant damage” because of military action …

By Wayne Cole SYDNEY – Australian home prices are slowly coming back to earth as the sky-high markets of Sydney and Melbourne lose some heat, though there is still plenty …

(Reuters) -BlackBerry Ltd reported fourth-quarter revenue on Thursday that missed analysts’ estimates as growth at its cybersecurity business, its biggest, was flat due to increased competition. U.S.-listed shares of the …

By David Lawder WASHINGTON – The U.S. Export-Import Bank’s board of directors on Thursday voted to formalize the bank’s withdrawal from any further business in Russia and approved financing and …

By Bernardo Caram BRASILIA – Brazil’s central bank decided on Wednesday to postpone payments to financial institutions for resources held in accounts from the Pix instant payment system, underscoring mounting …

By Jonathan Stempel NEW YORK – A federal judge on Thursday dismissed a long-running antitrust lawsuit accusing 10 of the world’s largest banks of pursuing two interrelated conspiracies to suppress …