(Reuters) -The Russian rouble extended its recovery on Thursday to hover close to 96 against the dollar, and the stock market resumed trading after a month-long hiatus, with the majority of stocks rising in volatile trade. The markets are gradually reopening after the Russian currency sank to a record low and the central bank ordered…
BEIJING (Reuters) – China hopes the United States will scrap all tariffs on its goods as soon as possible after the U.S. reinstated 352 product exclusions from China tariffs, the commerce ministry said on Thursday. Commenting on the U.S. move, commerce ministry spokeswoman Shu Jueting told a regular news conference on Thursday that such action…
TOKYO (Reuters) – Tokyo prosecutors have arrested SMBC Nikko Securities Vice President Toshihiro Sato for alleged market manipulation, the Nikkei newspaper said on Thursday. Sato had been asked to turn himself in to authorities, the Yomiuri said earlier. His arrest follows criminal charges filed on Wednesday by Japan’s Securities and Exchange Surveillance Commission against the…
TOKYO (Reuters) – Japanese automaker Mazda Motor Corp said on Thursday it would suspend production at its two domestic factories for two days in April due to auto parts supply disruptions. It said in a statement that a rise in COVID-19 cases in China were among factors expected to cause supply disruptions. It did not…
By Cynthia Kim SEOUL (Reuters) – At age 69, Kim Jung-mi holds three jobs: she spends three hours getting a two-year old home from kindergarten every weekday for $9 per hour, then washes vegetables at a store that sells kimchi. Occasionally, she walks her neighbour’s dog. That kind of gig work among elderly people has…
BEIJING (AP) — Asian stock markets fell Friday after Western governments promised new sanctions on Russia and President Vladimir Putin tried to prop up Moscow’s sinking ruble by threatening to require Europe to use it to pay for gas exports. Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices were little-changed but stayed above $110…
NEW YORK (AP) — The Russian stock market opened Thursday for limited trading under heavy restrictions for the first time since Moscow invaded Ukraine, coming almost a month after prices plunged and the market was shut down as a way to insulate the economy. Trading of a limited number of stocks, including energy giants Gazprom…
By Alun John HONG KONG (Reuters) – Hong Kong shares of Russian aluminium producer OK Rusal, one of the few Russia-related securities still being traded, slipped on Thursday ahead of a partial reopening of trading of stocks on the Moscow Exchange later in the day. Russian stocks last traded on the Moscow Exchange on Feb….
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp shareholders on Thursday voted against its plan to spin off the devices unit, but a separate motion backed by activist shareholders that called for the conglomerate to solicit buyout offers also failed to gain sufficient support. The result of the extraordinary general meeting appears to leave Toshiba with…
TOKYO (AP) — Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company’s management. The plan proposed last month called for splitting Tokyo-based Toshiba Corp. into two companies, one focused on infrastructure and the other on devices. The latter would have…
