TOKYO (Reuters) – Japan’s Subaru Corp slashed its annual output target by nearly 10% on Wednesday amid ongoing fallout from…
Fitch raises China’s growth forecast to 5% for 2023
(Reuters) – Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0% from 4.1% previously…
Marketmind: The Powell Put
A look at the day ahead in European and global markets from Wayne Cole. Wall Street must be hoping Federal…
Thai monetary tightening to be gradual but faces challenges -central bank minutes
By Orathai Sriring BANGKOK (Reuters) – Thailand’s rate committee stuck by a pledge that monetary tightening would be gradual and…
Australian bank performance ‘as good as it gets’ as economy starts to cool
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – A run of strong earnings and stock market outperformance at Australia’s…
Shares of Japan’s Nintendo, SoftBank and Sharp tumble after earnings
TOKYO (Reuters) -Shares of Japan’s Nintendo Co Ltd and SoftBank Group Corp and Sharp Corp fell steeply on Wednesday, after…
Philippine central bank says inflation likely peaked in January
MANILA (Reuters) – Philippine inflation “most likely” peaked in January but the central bank cannot rule out another surprise supply…
Japan current account surplus shrinks sharply as weak yen, trade deficits bite
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s current account surplus fell sharply in December after a record rise the prior month,…
Suncorp cash earnings jump on strong margins and investment returns, shares up
By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong…
AFL-CIO wants bigger say in U.S. digital trade deals for workers
By David Lawder WASHINGTON (Reuters) -The Biden administration has made digital trade the centerpiece of its trade negotiations, and the…