Category Archives:
Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator – FT
(Reuters) - Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the Financial Times reported on Thu...
Apr 21, 2022
For oil refiners, now is the summer of distillate content
By Laura Sanicola (Reuters) - Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been t...
Apr 21, 2022
ABB posts ‘promising’ start to 2022 with big jump in orders
ZURICH (Reuters) - ABB expects to continue its "promising" start to 2022, the engineering and technology company said on Thursday, after posting better-than-expected profit and a big jump in orders du...
Apr 21, 2022
Japan ruling bloc set to agree extra budget for economic relief – Kyodo
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Japan's ruling coalition is set to agree on a supplementary budget to fund economic relief measures to help households and small business cope ...
Apr 20, 2022
Weak won fuels Hyundai Motor Q1 profit, offsets chip shortage, costs
By Heekyong Yang SEOUL (Reuters) - Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports and offsetting a prolonged ch...
Apr 20, 2022
IMF chief warns of risks from a prolonged China slowdown
BOAO, China (Reuters) - A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said on Thursday, but added that Beijing has room to adjust p...
Apr 20, 2022
Japan explained to G7 yen’s ‘somewhat rapid’ declines – Finance Minister Suzuki
By Leika Kihara TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Thursday that he explained to his G7 counterparts the yen's recent "somewhat rapid" declines. "I believe the G7's ba...
Apr 20, 2022
Apple supplier Unimicron says Kunshan operations partially resume
TAIPEI (Reuters) - Taiwan's Unimicron Technology Corp said on Thursday that one of its two plants in eastern China's Kunshan would remain closed to comply with COVID-19 curbs but the other would resum...
Apr 20, 2022
Most Asian indexes gain ground on U.S. yield drop, but Chinese stocks fall
By Alun John HONG KONG (Reuters) - Mainland China and Hong Kong stocks fell on Thursday, hurt by worries about the Chinese economy, but an overnight tumble in longer dated U.S. treasury yields lent su...
Apr 20, 2022
Musk’s Boring Company valued at $5.6 billion after latest funding round
(Reuters) - Elon Musk's The Boring Company has raised $675 million in Series C funding round, which now values the tunneling enterprise at $5.675 billion, the company said https://bit.ly/3jWhfBA on We...
Apr 20, 2022
Peoria, IL, USA
78 °F Partly cloudy
