Financial News

STOCKHOLM -Swedish rate-setters were split over how fast to start tightening policy at their most recent meeting, the minutes published on Monday showed, but a surge in January inflation could …

SYDNEY – One of JPMorgan’s most senior Asia Pacific equities bankers, Ryan Holsheimer, is leaving the bank and Hong Kong to return to Australia, according to a memo seen by …

HONG KONG – Hong Kong’s seasonally adjusted unemployment rate was unchanged at 3.9% in the November-January quarter, the government said on Monday, and the outlook is overshadowed by a surge …

TAIPEI – Taiwan’s export orders grew broadly in line with expectations in January to a record high for the month thanks to sustained technology demand, but the government warned of …

ZURICH – Swiss banking supervisor FINMA is in contact with Credit Suisse over media reports by a network of investigative journalists detailing client data leaks, the watchdog said on Monday. …

BEIJING – China will from March 1 expand nationwide a pilot scheme developing commercial pension products for the country’s aging population, its banking and insurance regulator said on Monday. Other …

ISTANBUL – The number of foreign visitors arriving in Turkey jumped 151% from a year earlier to 1.28 million in January, data showed on Monday, as the sector continued to …

BERLIN – Improving demand for services pushed business activity across Germany’s private sector to a six-month high in February, and while manufacturing lagged due to COVID-19 infections among staff the …

PARIS – French business activity grew more strongly than forecast in February, according to a monthly survey, helped by an improvement in the country’s COVID-19 situation and stronger demand for …

By Sonali Paul and Shashwat Awasthi MELBOURNE -Australia’s top power producer AGL Energy Ltd on Monday rejected an unsolicited $3.54 billion takeover overture from tech billionaire Mike Cannon-Brookes and Canada’s …

MOSCOW – Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own …

A look at the day ahead in markets from Julien Ponthus While the Kremlin complains about “daily” Western predictions of a Russian invasion of Ukraine, investors for their part have …

– French car parts group Faurecia, which sealed its takeover of Germany’s Hella in early February, on Monday forecast a rise in annual sales, as it expects semiconductor shortages to …

By Orathai Sriring and Kitiphong Thaichareon BANGKOK -Thailand’s economy returned to growth in the fourth quarter, expanding faster than expected, but the 2021 pace was one of the slowest in …

TOKYO – A key Japanese parliamentary committee on Monday approved the government’s record $940 billion initial spending plan for the next fiscal year, setting the stage for the budget’s full …

By Yoruk Bahceli -European companies hoping to fund M&A and capital expenditures on bond markets this year are facing a sudden jump in borrowing costs and wary buyers after the …

BENGALURU – Shares of InterGlobe Aviation, the parent of India’s biggest airline IndiGo, dropped on Monday after one of its co-founders resigned from the board last week and said he …

– Donald Trump’s Truth Social app is available for download on Apple Inc’s app store late Sunday evening, according to witness accounts. The app was also automatically downloaded to Apple …

BEIJING – China’s new home prices rose for the first time since September on a monthly basis, official data for January showed on Monday, as efforts to soften the blow …

NAIROBI – The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on March 29, the bank said on Monday. At its last meeting in January, the …

By Samia Nakhoul and Timour Azhari BEIRUT – For more than a decade, Lebanon’s central bank charged commercial banks in the country commissions when they bought government securities without making …

By Shilpa Jamkhandikar MUMBAI -Amazon’s rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast …

– Australian payments firm Zip Co on Monday forecast a bigger half-year loss than analysts’ expectation, citing lower consumer spending in the United States as fiscal stimulus money dries up. …