TOKYO (Reuters) – The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield as […]
French 2021 economic growth strongest in 52 years at 7%
By Leigh Thomas PARIS (Reuters) -France posted its strongest growth in over five decades last year, hitting 7% as the […]
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean steelmaker POSCO’s operating profit more than tripled to a record […]
Lighting maker Signify’s Q4 profit up despite high raw material costs
AMSTERDAM (Reuters) – Signify NV, the world’s largest lighting maker, reported a 6% increase in fourth-quarter core earnings on Friday, […]
Credit Suisse expects 50 bps cut in China’s first-half reserve requirement ratio
(Reuters) – Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in […]
Caixabank’s Q4 recurrent net profit down 52%, sets new dividend policy
By Jesús Aguado MADRID (Reuters) -Spain’s Caixabank on Friday said its fourth-quarter recurrent profit in 2021 fell 52% from the […]
DBS buys Citi’s Taiwan retail unit to bulk up regional presence
By Anshuman Daga and Indranil Sarkar SINGAPORE (Reuters) -DBS Group has agreed to pay S$956 million ($706.6 million) for Citigroup’s […]
Fiscal stimulus powers U.S. economy in 2021 to its best performance since 1984
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy notched its strongest growth in nearly four decades in 2021 after […]
Singapore sees jobless rate returning to pre-pandemic levels in coming months
SINGAPORE (Reuters) – Singapore’s manpower ministry said on Friday it expects the country’s jobless rate to fall to pre-pandemic levels […]
Biden vows to nominate Black woman to U.S. Supreme Court by end of February
By Andrew Chung, Lawrence Hurley and Steve Holland WASHINGTON (Reuters) -President Joe Biden on Thursday said he plans by the […]