TOKYO (AP) — Asian shares were mixed in choppy trading Thursday, as inflation worries and the war in Ukraine had investors partly optimistic while staying cautious. Benchmarks rose in Japan, South Korea and Australia, boosted by the overnight rally in Europe and in the Dow in the U.S. Investors were also watching South Korean trade…
Japan’s weakening yen raised further alarm in Tokyo on Wednesday as the government reported a bigger-than-expected trade deficit largely due to soaring costs for imports of oil, food and other necessities. The deficit of 412 billion yen ($3.2 billion) for March was lower than the previous month’s 670 billion yen but was quadruple analysts’ estimates…
(Reuters) – Dutch oil and chemical storage company Vopak’s first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and good performance in the Americas. The group reported a core profit (EBITDA) of 213.1 million euros ($230.47 million) for the first three months of the year, above analysts’ average estimate of 203 million euros….
By Florence Tan (Reuters) -Oil prices rebounded on Wednesday from sharp losses in the previous session as concerns about tighter supplies from Russia and Libya dominated, while industry data showed a drop in U.S. crude inventories last week. Brent crude futures rose 98 cents, or 0.9%, to $108.23 a barrel by 0400 GMT while the…
