Financial News

TOKYO -Parts supply disruptions continued to affect Japanese automakers’ global production for February but the results released on Wednesday showed a clear contrast among them, with Toyota and Honda out …

A look at the day ahead in markets from Dhara Ranasinghe. Whether or not you believe in the signalling power of the U.S. Treasury curve, inversion of the key 2-10 …

(Reuters) -Air New Zealand Ltd said on Wednesday it would raise NZ$2.2 billion ($1.53 billion) to shore up its pandemic-hit balance sheet and repay a government-liquidity package of NZ$2 billion …

By Andrea Shalal WASHINGTON – The frequency and severity of climate-related disasters are rising faster in the Middle East and Central Asia than anywhere in the world, posing a “major …

By Phuong Nguyen and Hyunjoo Jin HANOI/SAN FRANCISCO – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory …

By Mike Dolan LONDON – If not now, when? Investors typically demand some added compensation for holding a security over many years to cover all the unknowables over long horizons …

By Kantaro Komiya TOKYO – Japanese retail sales fell in February for the first time in five months, as extended COVID-19 curbs hit service sector businesses, casting doubts over the …

ZURICH – UBS spent 3.81 billion Swiss francs ($4.10 billion) repurchasing its shares equivalent to 6.49% of its share capital in its 2021 buyback, the Swiss bank said on Wednesday. …

By David Henry and Michelle Price (Reuters) – The U.S. Treasury yield curve, widely watched as a barometer of the economy’s health, briefly “inverted” on Tuesday in a warning sign …

SHANGHAI – More Chinese companies are halting domestic listing plans, filings show, as the country’s biggest coronavirus outbreak in two years hampers due diligence and information gathering, affecting an estimated …

By Luc Cohen NEW YORK – A New York City man pleaded guilty on Tuesday to insider trading and tax evasion charges for purchasing securities in chemical manufacturer Ferro Corp …

BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its worst resurgence of COVID-19 cases …

(Reuters) -China Evergrande Group said on Wednesday it will sell its Crystal City Project in the eastern city of Hangzhou for 3.66 billion yuan ($575 million) to two state-owned firms …

By Sam Nussey and Dawn Chmielewski TOKYO/LOS ANGELES -Sony Group Corp’s revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft’s rival Game …

By Joseph White and David Shepardson (Reuters) -United Auto Workers (UAW) President Ray Curry said on Tuesday he has had no discussions with Tesla or its Chief Executive Elon Musk …

(Reuters) – Australia’s Star Entertainment Group faces a class action over allegations that it failed to comply with disclosure requirements, the company said on Wednesday, amid a public inquiry into …

By Chuck Mikolajczak NEW YORK – U.S. stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some progress was being made …

(Reuters) – China is planning new curbs on the country’s $30 billion live-streaming industry, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Chinese authorities are …

By Koh Gui Qing NEW YORK – Stock markets tore higher across the world on Tuesday and oil prices shed $2 a barrel, as investors celebrated signs of progress in …

(Reuters) – Kroger Co said on Tuesday Carl Icahn nominated two directors to the supermarket chain’s board, as the billionaire investor expands his campaign for corporate America to tackle environmental, …

By Jamie McGeever ORLANDO, Fla. -Remember ‘Japanification’? After the financial crash of 2008, a consensus emerged that the United States and Europe would slide into the sort of multi-decade economic …

(Reuters) – A U.S. judge ruled on Tuesday that a lawsuit accusing Meta Platforms Inc’s Facebook of deceiving advertisers about its “potential reach” tool can proceed as a class action. …

MEXICO CITY – Carrier Air Canada and Mexico’s Aeromar signed an agreement to jointly market routes through Mexico, the airlines announced in a statement on Tuesday. Air Canada, which already …

By Luc Cohen NEW YORK – U.S. prosecutors on Tuesday sought to cast doubt on the testimony of the wife of a former Goldman Sachs banker, who is on trial …

By Valentine Hilaire MEXICO CITY – Fintech Stori, whose credit cards target the overwhelming majority of Mexicans who lack any kind of formal credit, said on Tuesday it plans to …