Category Archives:
Asian stocks weaken as Fed, BoE fuel uncertainty before U.S. CPI data
By Kevin Buckland TOKYO (Reuters) - Asian stocks followed Wall Street lower and bond yields remained depressed on Thursday as investors weighed the risks of global recession amid hawkish Federal Reser...
Oct 12, 2022
Russian envoy to U.S. says he visited convicted arms dealer Bout in prison
(Reuters) - Russia's ambassador to the United States Anatoly Antonov said early on Thursday he had visited Viktor Bout, the Russian arms dealer jailed in the United States and linked to a possible swa...
Oct 12, 2022
Falabella may close up to 10% of its department stores this year
MEXICO CITY (Reuters) - Chilean retailer Falabella may close between 5% and 10% of its department stores in Peru, Colombia and Chile, its Department Store Chief Executive Francisco Irarrazaval said on...
Oct 12, 2022
Singapore’s OCBC scouting for Indonesian acquisitions – CEO
By Anshuman Daga, Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) - Singapore-based Oversea-Chinese Banking Corp Ltd is hunting for acquisitions in Indonesia to speed up its growth, aiming to leve...
Oct 12, 2022
Fragile yen tests 1998 low, sterling cautiously steady
By Rae Wee SINGAPORE (Reuters) - The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of th...
Oct 12, 2022
Dish Network chairman-backed SPAC in talks to buy wireless business unit
(Reuters) - Blank-check firm CONX Corp, backed by Dish Network Corp Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish's retail wireless unit, Boost Mobile....
Oct 12, 2022
Japan wholesale prices rise the most in 5 months, put squeeze on corp profits
TOKYO (Reuters) - Japanese corporate goods prices grew the most in five months in September, Bank of Japan data showed on Thursday, highlighting the squeeze on business profits from persistently stron...
Oct 12, 2022
Australia’s Medibank reports cyber incident
(Reuters) - Australian health insurer Medibank Private said on Thursday it would isolate and remove access to some customer-facing systems as it detected unusual activity on its network. The company s...
Oct 12, 2022
Toshiba shares surge following report of $19 billion buyout bid
TOKYO (Reuters) - Shares in Toshiba Corp jumped about 9% in early trading on Thursday following a report that a domestic-led consortium is looking to buy the Japanese conglomerate for 2.8 trillion yen...
Oct 12, 2022
Oil prices shaky amid worsening demand outlook
By Laura Sanicola (Reuters) - Oil prices struggled to find their footing in early Asian trade on Thursday after a weakening global demand outlook depressed the market in the last session. U.S. crude f...
Oct 12, 2022
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