By Clare Jim HONG KONG (Reuters) – Embattled Chinese property developer Fantasia said on Monday it has entered into a […]
China’s factory activity expands at fastest clip in 14 months, Caixin PMI shows
BEIJING (Reuters) – China’s manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid […]
Activist investor Elliott buys stake in Japan’s Sumitomo, source says
By Anton Bridge TOKYO (Reuters) – U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth […]
KFC Malaysia temporarily shutters outlets citing challenging economy
KUALA LUMPUR (Reuters) – KFC Malaysia has temporarily closed outlets in the country, citing challenging economic conditions, after local media […]
Australia’s Coles eyes more product volume as cooling inflation lures shoppers
By Byron Kaye and Rishav Chatterjee (Reuters) -Australian No.2 grocery chain Coles said on Tuesday it was asking suppliers to […]
China non-manufacturing activity expands at slower pace in April
BEIJING (Reuters) – China’s non-manufacturing activity expanded at a slower pace in April, an official survey showed on Tuesday, likely […]
Japan March factory output rises as vehicle production recovers
TOKYO (Reuters) -Japan’s factory output grew more than expected in March, government data showed on Tuesday, thanks largely to automakers […]
Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years
ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday, snapping two-and-a-half […]
Inflation-wary US rate options market cautiously prices for 2024 Fed hike
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability […]
Five charts on the Japanese yen’s decades-long drop
By Marc Jones LONDON (Reuters) – Japan’s yen saw a sudden jump on Monday, suggesting the country’s authorities may have […]