By Leika Kihara TOKYO (Reuters) -Japan will start a pilot programme in April to test the use of a digital…
Gucci banks on private ‘salons’ for the ultra-rich to revive sales
By Mimosa Spencer PARIS (Reuters) -Gucci is banking on new ultra-high-end “salons” offering merchandise priced at up to $3 million…
China set to leave lending benchmarks unchanged as economic recovery seen on track
SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday,…
Russian rouble slides past 75 vs dollar to near 10-month low
MOSCOW (Reuters) – The Russian rouble fell past 75 to the dollar on Friday, extending a recent weakening trend sparked…
Credit Suisse Singapore CEO to leave in latest banker exit at firm
SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to…
Stocks find rare resilience to soaring rates: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -The notion that higher interest rates would slam stocks has been turned on its…
With Japan’s new central bank boss, Kishida bids farewell to Abenomics
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – For Prime Minister Fumio Kishida, Japan’s next central bank chief had…
Swiss Re 2022 net profit down 67%; sees brighter outlook for 2023
FRANKFURT (Reuters) – Reinsurance company Swiss Re said on Friday that net profit for 2022 fell 67% as it faced…
Thai Q4 GDP unexpectedly falls, 2023 outlook trimmed
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy unexpectedly contracted in the final quarter of 2022 as…
Japan consumer inflation rate seen accelerating to over 41-year high: Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices likely accelerated to a more than 41-year high in January,…