(Reuters) – Commonwealth Bank of Australia and Westpac Banking Corp followed their two main rivals on Thursday in saying they…
Marketmind: Surprise surprise!
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. With little on…
Multi-manager hedge funds offer big returns but at high cost
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – Multi-manager hedge funds charge expense fees about triple the size of…
Two lessors file applications to cancel Garuda Indonesia restructuring deal – court
JAKARTA (Reuters) – Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda…
Shares slip, dollar steady as markets assess Powell comments
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -Global shares fell and the dollar was steady on Wednesday as…
U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar was little changed to marginally higher on Wednesday as investors paused…
Hyundai in talks with U.S. Labor Department over Alabama child labor
By Joshua Schneyer, Mica Rosenberg and Kristina Cooke NEW YORK (Reuters) – Hyundai Motor Co said it is in talks…
Tesla’s Model Y and Model 3 top-selling vehicles in California in 2022
(Reuters) – Tesla Inc’s Model Y and Model 3 electric vehicles were the top-sellers in California last year, outselling Toyota…
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
By Alexander Marrow MOSCOW (Reuters) – Russian consumer demand contracted at its fastest pace in seven years in 2022 and…
China car sales plunge 38% in January as subsidies, tax cut end
SHANGHAI/BEIJING (Reuters) – China’s passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry…