By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer prices in December rose 4.0% from a year earlier,…
Australia seeks views on Sika’s proposed MBCC asset sales
(Reuters) – Australia’s competition regulator said on Friday it was seeking market views on the proposed sale of MBCC Group’s…
China keeps benchmark lending rates steady for fifth month
SHANGHAI (Reuters) – China kept benchmark lending rates unchanged for a fifth month on Friday, as expected, but analysts say…
Davos 2023: Cowed crypto crowd feel winter freeze at WEF
By Paritosh Bansal and Divya Chowdhury DAVOS, Switzerland (Reuters) – In the snow and ice on the main drag in…
Fed ‘probing’ for right rate level as prospects rise for ‘soft landing’
By Howard Schneider and Bianca Flowers WASHINGTON/CHICAGO (Reuters) -The chances of a “soft landing” for the U.S. economy appear to…
Analysis-Tesla uses its profits as a weapon in an EV price war
By Paul Lienert and Joseph White DETROIT (Reuters) – Tesla Inc earns more money for every vehicle it sells than…
Netflix co-founder Hastings steps down as CEO as company adds subscribers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix Inc co-founder Reed Hastings stepped down as chief executive of…
South Korea’s Q4 GDP likely shrank, hints at possible recession – Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s export-dependent economy is forecast to have contracted in the fourth…
Eli Lilly says U.S. FDA rejects accelerated approval for Alzheimer’s drug
By Deena Beasley (Reuters) -Eli Lilly and Co on Thursday said the U.S. Food and Drug Administration had rejected accelerated…
Mexico’s Banorte sees profitability boost for 2023, following strong Q4
MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte expects to grow its profitability in 2023, it said on Thursday, after reporting…