TOKYO (Reuters) – The Bank of Japan maintained its massive stimulus on Thursday and pledged to continue buying unlimited amounts […]
Australian grocery chain Coles sees inflation through to 2023
By Sameer Manekar and Byron Kaye (Reuters) – Australia’s No. 2 grocer Coles Group said on Thursday it hopes improved […]
Exxon declares force majeure on Russian Sakhalin-1 operations
By Florence Tan and Sabrina Valle (Reuters) -Exxon Mobil Corp said on Wednesday its Russian unit Exxon Neftegas Ltd has […]
Leading gauge of Japan consumer inflation to creep to near 2% in April- Reuters poll
TOKYO (Reuters) – A Reuters poll showed core consumer prices in Tokyo likely rose at the fastest pace in seven […]
Sinopec expects China’s oil demand to recover in Q2, positive growth in 2022
BEIJING (Reuters) -China’s Sinopec Corp expects demand for refined oil products to recover in the second quarter as COVID-19 outbreaks […]
Temasek-backed oil rig builders agree $6.3 billion merger amid sector downturn
By Anshuman Daga SINGAPORE (Reuters) -Singapore’s Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel […]
Honor sees gains as China smartphone sales drop 14% on year in Q1
SHENZHEN, China (Reuters) – Former Huawei unit Honor posted the fastest growth in China’s smartphone market in the first quarter, […]
NetEase’s Cloud Music sues Tencent Music, claims unfair competition
HONG KONG/BEIJING (Reuters) -NetEase’s Cloud Music unit has sued Tencent Music Entertainment (TME), accusing it of unfair competition and plagiarising […]
WTO chief warns against retreat from global trade
WASHINGTON (Reuters) – Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to […]
Japan’s factory output growth provides some relief for fragile economy
By Daniel Leussink TOKYO (Reuters) -Japanese factories saw output rise for the second straight month in March as strong global […]