(Reuters) -Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related […]
SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix said on Wednesday the memory chip market was […]
IMF urges BOJ to move away from yield control, prepare for future tightening
By Leika Kihara and Andrea Shalal TOKYO/WASHINGTON (Reuters) -The Bank of Japan should start preparing for future monetary tightening by […]
South Korea to ease loan curbs for some homeowners paying ‘jeonse’ deposits
SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a […]
Analysis-China policy reform to end losses for city-gas firms on household sales
By Chen Aizhu, Emily Chow and Andrew Hayley SINGAPORE/BEIJING (Reuters) – Policy reform in China will boost profit for city-gas […]
China regulator, after Politburo meet, vows more capital market reforms
BEIJING (Reuters) -China’s securities regulator promised to deepen reforms in its capital markets and open them up further in the […]
Mexican breadmaker Bimbo cuts outlook on strong peso
By Kylie Madry and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexican breadmaker Grupo Bimbo lowered its sales and earnings guidance for […]
Mexico’s Televisa posts big Q2 miss on Univision JV drop, satellite disconnections
By Kylie Madry MEXICO CITY (Reuters) – Grupo Televisa reported a more than 95% slide in quarterly net profit on […]
FTC readies lawsuit that could break up Amazon – Politico
(Reuters) -The U.S. Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could […]
AI mania drives Wall Street to higher close ahead of earnings
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – The tech-heavy Nasdaq closed higher on Tuesday, leading gains on Wall […]