Asian stocks follow Wall Street higher after Fed rate hike
BEIJING (AP) — Asian stock prices surged for a second day Thursday after the Federal Reserve announced its first interest…
March 2022
Inditex Says 2021 Net Profit More Than Doubled From 2020
MADRID (Reuters) -Zara owner Inditex reported on Wednesday its net profit more than doubled in 2021 to 3.2 billion euros…
Cargo Ship Runs Aground In U.S., A Year After Sister Vessel Blocked Suez Canal
(Reuters) -The Ever Forward container ship is currently grounded in the Chesapeake Bay near Baltimore, according to the U.S. Coast…
Apple Supplier Foxconn’s Q4 Profit Beats Estimates
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc among its…
Analysis: Strong Asian Rice Demand For Animal Feed Sparks Food Supply Worries
By Naveen Thukral SINGAPORE (Reuters) – A surge in wheat and corn prices is boosting demand for low-grade rice in…
Barclays’ VXX Price Jump Drives Double-digit Gains For Volatility Arbitrage Fund
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Days before Thanksgiving, Kris Sidial, a co-founder at volatility arbitrage fund The…
China Feb New Home Price Growth Stalls As Demand Remains Frail
BEIJING (Reuters) -China’s new home prices stalled in February after eking out a small gain a month earlier, official data…
Exclusive: India Boosts Fertiliser Imports From Canada, Israel As Russian Supply Disrupted
By Nidhi Verma and Rajendra Jadhav NEW DELHI (Reuters) – India is boosting fertiliser imports from nations including Canada and…
Sanctions-savaged Russia Teeters On Brink Of Historic Default
By Marc Jones LONDON (Reuters) – The economic cost of Russia’s assault on Ukraine was fully exposed on Wednesday as…
Japan Inc Expected To Announce Modest Wage Hikes After Annual Talks
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top firms are set to offer pay rises of around 2% or more as…