Article content (Bloomberg) — Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements. The Zurich-based lender was due to publish the reports on Thursday morning but received a late call from the Securities and Exchange Commission on Wednesday […]
Article content Japanese investors were big sellers in overseas stocks in February, tracking big declines in global equities on worries of more rate hikes by the U.S. Federal Reserve, as economic data showed a stickier-than-expected inflation. According to data from Japan’s Ministry of Finance, investors exited a net 2.15 trillion yen ($15.62 billion) in foreign […]
Article content KUALA LUMPUR — Malaysian palm oil is expected to trade between 4,000 and 5,000 ringgit ($1,106) per tonne from now until August as Indonesia’s ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said on Wednesday. Benchmark palm oil contract for May delivery on the […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Eric Onstad and Pratima Desai Published Mar 08, 2023 • 2 minute read Join the conversation Article content LONDON — One year after nickel trading went haywire on the London Metal Exchange (LME), the 146-year old exchange is fighting to mend its reputation […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Junko Fujita Published Mar 08, 2023 • 2 minute read Join the conversation Article content TOKYO — Japan’s 10-year government bond (JGB) yield on Wednesday fell below the top end of the Bank of Japan’s policy ceiling for the first time in almost […]
Article content BEIJING — China’s exports and imports with Russia surged at a double-digit pace in January-February from a year earlier, customs data showed on Tuesday, as China said it had to advance relations with its northern neighbor in an increasingly turbulent world. China’s exports to Russia jumped 19.8% in the first two months, to […]
Article content SHANGHAI — Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals. After a presentation by CATL Chairman Zeng Yuqun who described […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Roushni Nair Published Mar 07, 2023 • 2 minute read Join the conversation Article content Most Asian currencies slipped on Tuesday, led by the Indonesian rupiah and Thailand’s baht, as Financial Post Top Stories Sign up to receive the daily top stories from the Financial […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Yuri Kageyama Published Mar 07, 2023 • 3 minute read Join the conversation Article content TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Samya Kullab Published Mar 06, 2023 • 5 minute read Join the conversation Article content IZIUM, Ukraine (AP) — In this war-scarred city in Ukraine’s northeast, residents scrutinize every step for land mines. Behind closed doors, survivors wait in agony for the bodies […]