By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla expects to start production of its next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon …
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By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank SEB on Thursday proposed a bigger than expected annual shareholder payout in the form of ordinary and special dividends, though fourth-quarter net profit …
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US envoy sees rapid F-16s sale to Turkey after Sweden NATO bid sign-off
by Reutersby ReutersBy Jonathan Spicer ISTANBUL (Reuters) -The U.S. ambassador to Turkey said he anticipates that President Tayyip Erdogan will give a final sign-off on Sweden’s NATO membership within days, triggering rapid …
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(Reuters) – Shein’s investors are trying to sell shares in the private market at prices that value the Chinese online retailer as low as $45 billion, or a discount of …
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Asian FX bears gain momentum as hopes of early US rate cuts wane: Reuters poll
by Reutersby ReutersBy Archishma Iyer (Reuters) – Bearish bets on multiple emerging Asian currencies gained momentum as traders adjusted their bets on early rate cuts by the U.S. Federal Reserve, driving investors …
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Indian banks urge return to call option valuation for perpetual bonds – sources
by Reutersby ReutersBy Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the …
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By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Wednesday that it would not allow Boeing to expand 737 MAX production in the wake of a mid-air emergency …
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Australia launches competition, pricing review into supermarket sector
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia on Thursday launched a wide-ranging review into pricing and competition in its supermarket sector as the government unveils a series of policies to …
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Russia accuses Ukraine of killing 65 of its own PoWs by shooting down plane
by Reutersby ReutersMOSCOW (Reuters) -Russia accused Ukraine on Wednesday of deliberately shooting down a Russian military transport plane carrying 65 captured Ukrainian soldiers to a prisoner exchange in what it called a …
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A look at the day ahead in European and global markets from Tom Westbrook Chinese markets caught a foothold overnight, with a cut in bank reserve requirements and vague promises …
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Exclusive-Malaysia set to appoint PNB chief to lead country’s biggest pension fund – sources
by Reutersby ReutersBy Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) -Malaysia is expected to name Ahmad Zulqarnain Onn, group CEO of the country’s largest asset manager Permodalan Nasional Berhad (PNB), as …
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Dubai sees rising appetite from Chinese asset managers -regulator chief
by Reutersby ReutersBy Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of the Dubai Financial Services Authority …
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By Chibuike Oguh NEW YORK (Reuters) – Microsoft’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most …
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Fortescue works to clear iron ore held in China as quarterly shipments rise
by Reutersby ReutersBy Melanie Burton and Rishav Chatterjee MELBOURNE (Reuters) -Fortescue will work with Chinese authorities to resolve the delays keeping some of its iron ore cargoes from clearing customs, a company …
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SK Hynix logs surprise Q4 profit, aims to be ‘total AI memory chip provider’
by Reutersby ReutersBy Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc said on Thursday it will focus on high-end memory semiconductors used in artificial intelligence chipsets this year …
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Australia govt reshapes tax cuts to woo low-income voters, rejects inflation risks
by Reutersby ReutersBy Renju Jose and Alasdair Pal SYDNEY (Reuters) -Australia’s centre-left Labor government on Thursday made changes to planned tax cuts, trimming benefits to the wealthy while giving low-income earners more …
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FAA bars Boeing from increasing MAX output but ends partial grounding
by Reutersby ReutersBy David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON (Reuters) -The U.S. Federal Aviation Administration late on Wednesday tightened pressure on Boeing by barring the troubled planemaker from expanding production …
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US Navy intercepts missiles in Red Sea while escorting Maersk ships
by Reutersby ReutersCOPENHAGEN (Reuters) -Maersk said explosions nearby forced two ships operated by its U.S. subsidiary and carrying U.S. military supplies to turn around when they were transiting the Bab al-Mandab Strait …
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Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit
by Reutersby ReutersBy Tetsushi Kajimoto, Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said he was closely watching how central bank decisions, including an expected end …
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Israel denies attack on UN refuge in Gaza that drew rebuke from Washington
by Reutersby ReutersBy Nidal al-Mughrabi, Fadi Shana and Henriette Chacar GAZA/JERUSALEM (Reuters) -The United Nations said on Wednesday that Israeli tanks struck a huge U.N. compound in Gaza sheltering displaced Palestinians, causing …
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US ‘deplores’ Israeli attack on UN training center in Gaza -State Dept
by Reutersby ReutersWASHINGTON (Reuters) – The United States was concerned by an Israeli attack on a U.N. training center sheltering displaced people in Gaza’s Khan Younis on Wednesday, Deputy State Department spokesperson …
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BEIJING (Reuters) -The United States Navy sailed its first warship through the sensitive Taiwan Strait on Wednesday following presidential and parliamentary elections on the island, drawing the ire of Beijing. …
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Argentine unions raise challenge to Milei with major strike, protest
by Reutersby ReutersBy Nicolás Misculin BUENOS AIRES (Reuters) -Argentina’s largest union started a 12-hour strike on Wednesday with tens of thousands of workers demonstrating in the heart of Buenos Aires against tough …
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Trump and Biden shift focus to general election rematch as Haley fights on
by Reutersby ReutersBy Nathan Layne, Gram Slattery and James Oliphant MANCHESTER, New Hampshire (Reuters) – Donald Trump and Joe Biden attacked each other on Wednesday as they prepared for a likely election …
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By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing …