Category Archives:
Explainer-Why the weak yen lost its lustre for Japan Inc
By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) - The weak yen was once a cause for celebration for Japanese companies, as they could sell cars and cameras cheaper abroad and enjoyed fatter profi...
Syndicated Content Apr 12, 2022
Global index funds seek to shift out of Chinese ADRs as delisting looms
By Samuel Shen and Selena Li SHANGHAI/HONG KONG (Reuters) - Global index-tracking fund managers with exposure to U.S.-listed Chinese firms are pushing index providers to swap into their Hong Kong-trad...
Syndicated Content Apr 12, 2022
BoFA investor survey: Global growth optimism at all-time lows
LONDON (Reuters) - Global growth optimism hit an all-time low while concerns the global economy is heading into a stagflationary scenario rose to its highest levels since August 2008, according to a m...
Syndicated Content Apr 12, 2022
S.Korea’s SK weighs investing in small nuclear reactors, eyes Bill Gates’ TerraPower
By Joyce Lee and Byungwook Kim (Reuters) - South Korea's SK Group said on Tuesday it was mulling investments in small-sized nuclear reactors and that one of the candidates was TerraPower, a U.S. ventu...
Syndicated Content Apr 12, 2022
European stocks hit near 1-week low on global worries
(Reuters) - European shares on Tuesday fell to their lowest in nearly a week on growing worries about rising inflation, a surge in coronavirus infections in China and the fallout of the prolonged war ...
Syndicated Content Apr 12, 2022
Bosch halts production at two China plants due to COVID curbs
SHANGHAI (Reuters) -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to conta...
Syndicated Content Apr 12, 2022
Novartis to cut thousands of jobs in global revamp – paper
ZURICH (Reuters) - Swiss drugmaker Novartis will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeig...
Syndicated Content Apr 12, 2022
Marketmind: Collateral damage
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker that rapid policy tightening may cause a hard landing for economic growth -- Federal Reserve Governor...
Syndicated Content Apr 12, 2022
Russia revises forecasts, GDP to fall more than 10% in 2022 – RIA cites official
(Reuters) - Russian economy and finance ministries are working on new forecasts that would project a contraction of gross domestic product this year of more than 10%, Alexei Kudrin, head of the Audit ...
Syndicated Content Apr 12, 2022
Sri Lanka to temporarily suspend foreign debt payments – c. bank governor
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will temporarily suspend foreign debt payments to avoid a hard default, the central bank governor said on Tuesday, with its limited foreign reserves r...
Syndicated Content Apr 12, 2022
Peoria, IL, USA
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