SHANGHAI (Reuters) – Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate…
Japan firms to stop insuring ships in all Russian waters -Nikkei
TOKYO (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the…
Wall St ends higher, Treasury yields rise after data flurry
By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a modestly higher close on Friday and Treasury yields…
U.S. dollar weakens as risk appetite rises with data showing slowdown
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid against most currencies in choppy, thin trading on Friday as…
Huawei reaps more patent royalties than it pays out for second straight year
By Paresh Dave OAKLAND, Calif. (Reuters) -Chinese technology giant Huawei will bring in more patent income than it pays to…
Toshiba’s preferred bidder finalising $10.6 billion financing for buyout -sources
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The preferred bidder for Toshiba Corp is finalising 1.4 trillion yen…
Global central banks deliver historic rate hike blast in 2022
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks ramped up interest rates at the fastest pace…
Equity funds record largest ever weekly outflows -BofA
By Lucy Raitano LONDON (Reuters) – Investors shed stocks at the highest weekly rate ever in the week to Wednesday,…
Japan unveils record budget in boost to military spending
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) – Japan unveiled on Friday a record 114.4 trillion yen ($863 billion)…