Financial News

TAIPEI – Chipmaker TSMC is fully committed to complying with new export control rules, the company said on Friday, after Taiwan’s government said it would join international sanctions on Russia …

By Josh Horwitz and Nivedita Balu – Chinese e-commerce giant Alibaba Group Holding Ltd reported on Thursday its slowest quarterly revenue growth since going public in 2014, hit by a …

SHANGHAI – A growing number of Chinese firms with business in Ukraine or Russia say the impact from the region’s crisis is limited for now, as some sought to reassure …

By Kantaro Komiya TOKYO – Japan’s industrial output likely fell for a second month in January as the fast spread of the Omicron COVID-19 variant disrupted car production, a Reuters …

HANOI – Vietnam will import an additional 2.4 million cubic metres of petroleum products in the second quarter to compensate for a fall in domestic output, the industry and trade …

By Paresh Dave and Jeffrey Dastin – The United States on Thursday restricted exports to Russia of a broad set of U.S.-made products as well as foreign-produced goods built with …

By Ann Saphir -Federal Reserve Governor Christopher Waller on Thursday laid out the case for a “concerted” effort to rein in inflation, calling for raising interest rates a full percentage …

BEIJING – China’s central bank made the biggest weekly cash injection in more than two years this week to maintain stable liquidity conditions towards the month-end. The People’s Bank of …

NEW YORK -The California State Teachers’ Retirement System (CalSTRS), the second-largest U.S. pension fund, said on Thursday it had investments in Russia and was monitoring potential risks to its portfolio …

– The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc Chief Executive Elon Musk and his brother Kimbal Musk “violated insider trading rules”, the …

By Christoph Steitz FRANKFURT -Volkswagen and its top shareholder Porsche SE on Thursday fleshed out details of a possible listing of luxury carmaker Porsche, edging closer to what could become …

By Paul Lienert – General Motors aims to turbocharge its non-vehicle revenue by introducing dozens of new fee-based digital features by 2026, including one enabling a car to predict when …

By Svea Herbst-Bayliss – Hedge fund Sachem Head Capital Management has taken a stake in Anaplan Inc and may decide to press the business planning software company to make changes, …

TOKYO – Japan said on Friday it will appropriately deal with oil release from national reserves in cooperation with the International Energy Agency and relevant countries, after Russia’s attack on …

HONG KONG – MSCI will not implement changes for Russian securities that it had previously announced as part of its February review, following U.S. sanctions targeting Russia, the index provider …

By Peter Frontini SAO PAULO -Brazilian miner Vale SA on Thursday said it maintained “positive” expectations for the price of iron ore and nickel in the long term, two of …

By David Lawder WASHINGTON -The World Bank said on Thursday it was preparing options to provide immediate support to Ukraine’s government, as the development lender and the International Monetary Fund …

By Tim Hepher PARIS -French jet engine maker Safran said on Thursday it had enough titanium reserves for several months after increasing stocks of the metal since the start of …

By Sheila Dang -Facebook owner Meta Platforms Inc has set up a special operations center to monitor the conflict in Ukraine, and it launched a feature so users in the …

WASHINGTON/BRUSSELS – The United States and the European Union have opted not to cut Russia off from the SWIFT global interbank payments system as part of their sanctions against Moscow …

– Online used-car seller Carvana has agreed to buy KAR Global’s vehicle auction business in the United States for $2.2 billion to boost its physical presence and maintain growth as …

– Morgan Stanley said on Thursday U.S. regulators and prosecutors were probing various aspects of the investment bank’s block trading business. The disclosure in a regulatory filing follows reports that …

By Alun John, Samuel Shen and Dhara Ranasinghe LONDON -Russia’s attack on Ukraine sparked volatility and fresh uncertainty in markets on Thursday, as investors scrambled to assess the conflict’s longer …

By Daphne Psaledakis, Simon Lewis and Matt Spetalnick WASHINGTON – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest …

By Cassandra Garrison MEXICO CITY -Grupo Televisa, Mexico’s largest broadcaster, on Thursday reported an 8.6% dip in net profit in the fourth quarter compared with a year earlier due to …