Category Archives:

By Ziyi Tang and Ryan Woo BEIJING (Reuters) - China's largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro ...

JAKARTA (Reuters) -Indonesian state oil firm PT Pertamina plans to spend nearly $2 billion in the period up to 2026 to improve safety at its facilities, executives said on Tuesday, as lawmakers grille...

(Reuters) - Fitch Ratings on Tuesday said that it doesn't expect Alibaba Group Holding Limited's new structure to bring about an immediate change in its credit profile. The credit rating agency said t...

ZURICH (Reuters) - Credit Suisse's chairman told a room full of shareholders that he was "truly sorry" the Swiss bank was not able to get back on track at its final annual general meeting on Tuesday, ...

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion against vola...

(Corrects previous 2024 GDP forecast to 1.9% from 1.7% in second paragraph) BERLIN (Reuters) -Five economic institutes are forecasting gross domestic product growth in Germany of 0.3% in 2023, up from...

MADRID (Reuters) - Europe's largest mobile phone tower operator Cellnex said on Tuesday two of its board members have resigned following pressure on the company's management from activist fund TCI. Fo...

SEOUL (Reuters) - Samsung Electronics' unit Samsung Display plans to invest 4.1 trillion won ($3.14 billion) until 2026 in Asan, South Korea to make advanced organic light-emitting diode (OLED) displa...

LONDON (Reuters) - Customers at British telecoms firm Virgin Media reported widespread problems with internet access on Tuesday and the group's website was also struggling to operate. There were nearl...

BEIJING (Reuters) - China has made it clear that the unmanned civilian airship that flew over U.S. terriory was an unexpected and isolated event, the foreign ministry said on Tuesday. "China rejects d...