Financial News

By Daniel Leussink TOKYO – Japan’s economy will grow at a slower pace than previously thought next quarter in part due to Russia’s invasion of Ukraine and its inflationary effect …

By Leika Kihara and Takahiko Wada TOKYO – G7 policymakers must speed up creation of a common framework to regulate digital currencies, as the Ukraine war heightens the need to …

By Nidhi Verma NEW DELHI -A significant increase in Russian oil imports by India could expose New Delhi to a “great risk” as the United States prepares to step up …

WASHINGTON – The Biden administration is weighing a draw of oil from emergency reserves of up to 180 million barrels over several months, two U.S. sources said on Wednesday. The …

By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to a rebound in car production, …

By Clare Jim HONG KONG – China’s pledges to shore up its embattled property industry have done little to boost prospects for the sector, according to developers, with access to …

By Jeffrey Dastin and Julia Love (Reuters) -Labor board officials expect to start counting votes by Amazon.com Inc warehouse workers in New York City and Alabama on Thursday afternoon in …

By Koh Gui Qing NEW YORK – The U.S. and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped more than $2 …

By Paresh Dave and Jeffrey Dastin OAKLAND, Calif. – Microsoft Corp President Brad Smith wrote to Ukraine’s leader this month with a clear message: despite Kyiv’s calls for it to …

By Jonathan Stempel NEW YORK – A U.S. judge on Wednesday said Grubhub, Uber Eats and Postmates must face an antitrust lawsuit by diners who accused them of driving up …

By Stephanie Kelly NEW YORK -The Biden administration is considering temporarily removing restrictions on summer sales of higher-ethanol gasoline blends as a way to lower fuel costs for U.S. consumers, …

By David Lawder WASHINGTON -U.S. Treasury officials are urging municipalities to divert part of their shares of $350 billion in state and local COVID-19 aid to help struggling renters stay …

By Jamie Freed SYDNEY -Qantas Airways Ltd plans to reduce carbon emissions by about 25% by 2030, in part by boosting sustainable aviation fuel to 10% of its fuel mix …

By Uditha Jayasinghe COLOMBO – Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepening economic crisis roiled markets and the electricity …

By David Shepardson WASHINGTON -Major U.S. and foreign automakers on Wednesday backed the Environmental Protection Agency’s (EPA) new tougher vehicle emissions regulations in a court challenge brought by some states …

By Nate Raymond BOSTON -A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action against online brokerage Robinhood by declaring the state’s new fiduciary …

WASHINGTON -The U.S. Securities and Exchange Commission (SEC) on Wednesday flagged crypto-assets, information security, the private fund sector and environmental, social and governance issues among its examination priorities in 2022 …

By Karen Freifeld (Reuters) – Global restrictions on exports to Russia in response to its invasion of Ukraine have shut down a car maker, halted work on tanks and cut …

LONDON – Australian businesses have committed to investing 28.5 billion pounds ($37.5 billion) in sectors such as infrastructure and clean energy in Britain, the British government said following a UK-Australia …

By Karen Brettell (Reuters) – The closely watched two-year/10-year part of the U.S. Treasury yield curve briefly inverted on Tuesday, which in the past has indicated that a recession could …

By Ross Kerber (Reuters) – One of California’s big pension funds said on Wednesday it will push companies to add more women to their boards and to disclose more about …

By David Lawder WASHINGTON -The International Monetary Fund said on Wednesday it has updated its guidance on capital flow restrictions to allow member countries to impose pre-emptive measures to reduce …

By Katanga Johnson and Chris Prentice WASHINGTON -Wall Street’s watchdog on Wednesday unveiled a draft new rule to enhance blank-check company investor disclosures and to strip them of a legal …

By Chuck Mikolajczak NEW YORK – U.S. stocks fell on Wednesday, with the Dow and S&P 500 snapping four-session winning streaks, on waning signs of progress for peace talks between …

By Brijesh Patel (Reuters) – March 30 – Gold prices rose nearly 1% on Wednesday, supported by a retreat in the U.S. dollar and renewed doubts about the possibility of …