HONG KONG (Reuters) – A Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the […]
Wall St edges up as Tesla and Apple gain; Fed decision awaited
By Shristi Achar A and Johann M Cherian (Reuters) -Wall Street’s main indexes crept higher in volatile trading on Monday […]
Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
By Elizabeth Howcroft LONDON (Reuters) – Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake […]
Higher rates could knock Japan into recession, says former IMF economist Blanchard
By Nell Mackenzie LONDON (Reuters) – Japan would face “a fairly strong” recession if it were to raise interest rates, […]
Japan’s yen surges against dollar on suspected intervention
By Rae Wee and Vidya Ranganathan (Reuters) – The yen jumped against the dollar on Monday, with traders citing yen-buying […]
Philip Morris faces key test with US heated tobacco push
By Emma Rumney LONDON (Reuters) – Philip Morris International’s goals for heated tobacco in the United States are reachable, analysts […]
Mexico’s economy continued weak growth in first quarter, poll shows: Reuters poll
MEXICO CITY (Reuters) – Mexico’s economy continued to grow at a weak rate in the first quarter, due largely to […]
China’s BYD shows effects of price war with weaker first-quarter earnings
BEIJING (Reuters) -Chinese electric vehicle (EV) maker BYD posted its weakest quarterly profit growth since 2022 on Monday while its […]
Deutsche Bank falls 9% after Postbank litigation woes resurface
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank shares were down 9% on Monday after news that a long-running lawsuit claiming […]
Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts […]