The Bank of Japan is expected to raise its inflation forecast but maintain ultra-low interest rates at this month's policy meeting, sources say, as fears of a U.S. recession and rising input costs cloud the outlook for its fragile economic recovery.
LONDON (Reuters Breakingviews) - Tesco has pulled products made by the $47 bln baked bean producer over price rises. In this Viewsroom podcast, Breakingviews columnists debate how this loss of variety could open the door for rivals to expand. Al
A U.S. counterintelligence agency on Wednesday warned state and local officials that China is intensifying influence operations aimed at manipulating them into pressing the federal government to pursue more Beijing-friendly policies.
Global private equity firm Carlyle Group is selling its stake in portfolio firm AmbioPharm Inc, targeting a valuation of $1 billion in a potential deal, two people familiar with the situation told Reuters.
British bank NatWest has joined rivals in handing out an unscheduled pay boost to staff to help shield them from soaring price rises, according to an internal memo seen by Reuters on Thursday.
A spike in listing applications from Chinese companies in June has nearly doubled China's IPO candidates to almost 1,000, the highest in at least three years, potentially making the country a bright spot for bankers as equity offerings slow in other markets.
A slight pullback in the dollar offered the euro some respite, allowing it to edge away from two-decade lows reached this week after surging energy prices fanned recession fears.
Thai consumer confidence in June picked up for the first time in six months, bolstered by improved economic activity following an easing of COVID-19 curbs, even as high living costs remained a worry, a survey showed on Thursday.
Norway's Equinor said on Thursday its second-quarter results would be positively impacted by between $400 million and $550 million from trade in natural gas derivatives used to hedge its physical deliveries.
Dalian iron ore recouped from a selloff in the previous session to rise 5% on Thursday, as the dollar eased, although concerns over a global recession and new COVID-19 restrictions in China persisted.
(RTTNews) - Asian stocks rose broadly on Thursday despite the U.S Federal Reserve's minutes of the meeting held last month indicating a hawkish stance.
(RTTNews) - Shares of LG Electronics Inc. (LGEPF.OB) were gaining around 3 percent in South Korean trading after the electronics major reported Thursday a 15 percent year-over-year increase in second-quarter revenues to 19.5 trillion Korean won.
British insurer Legal & General expects to deliver double-digit growth in cash and capital generation in the first half of the year, it said on Wednesday.
German industrial production rose less than expected in May as supply chains problems caused by the war in Ukraine and pandemic-related lockdowns in China make it difficult to process orders, official data showed on Thursday.
South Korea said it will tighten government spending to slow an increase in its debt and keep the debt-to-GDP ratio at mid-50% by 2027, following years of massive stimulus measures that have weakened the country's fiscal situation.
Europe's largest sugar producer Suedzucker posted a sharp surge in first-quarter operating profit on Thursday and confirmed increased earnings forecasts for its new fiscal year, despite the impact of the Ukraine war.
The head of Swiss network operator Swissgas urged the government to guarantee purchases by regional gas utilities that he said in a newspaper interview were struggling to finance deals in a tight market.
Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, jumped 4.8% on Thursday, a day after it said its fashion segment was expanding into the men's innerwear and athleisure category with a new brand.
Italy's former phone monopoly Telecom Italia (TIM) set out a plan to split its fixed network infrastructure from its service businesses in a bid to raise cash and cut debt.
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