Category Archives:

By Lananh Nguyen NEW YORK (Reuters) - Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite dreary deal markets....

MELBOURNE (Reuters) - Australia's government said on Tuesday it will increase its loan to rare earths developer Hastings Technology Metals, and pledged to hand out $35 million to other companies devel...

FRANKFURT (Reuters) - The European Central Bank needs to raise interest rates further to a level that starts to restrict growth but it remains unclear where the eventual peak in the rate cycles will b...

BEIJING (Reuters) - China will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, China Construction News cited the housing regulator as saying on ...

JAKARTA (Reuters) - Indonesia's economic growth in the fourth quarter of 2022 may have slowed to 4.81% on a yearly basis, from 5.72% in the previous three months, according to a presentation made by c...

(Reuters) - Taiwan's Foxconn has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported on Tuesday, citing people familiar ...

By Norihiko Shirouzu and Gilles Guillaume BEIJING/PARIS (Reuters) - Renault SA and China's Geely Automobile Holdings are working to finalize a deal to bring Saudi Arabian state oil producer Aramco in ...

BEIJING/HONG KONG (Reuters) - China's COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a 5.8% stake in COFCO Fortune, a food processing and logistics unit of Chinese st...

By Jeffrey Dastin DAVOS, Switzerland (Reuters) - Business titans trudging through Alpine snow can't stop talking about a chatbot from San Francisco. Generative artificial intelligence, tech that can i...

(Reuters) - Embattled property developer China Evergrande Group has been discussing a restructuring proposal with creditors, which includes options for extending payment deadlines on unsecured offshor...