February 20, 2023
HSBC Q4 Profit Nearly Doubles, Rising Interest Rates Boost Revenue
SINGAPORE/LONDON (Reuters) -HSBC Holdings on Tuesday reported quarterly profit nearly doubled, beating estimates, as rising interest rates swelled net interest…
Asian Shares Stutter, Dollar Rally Pauses As Fed Cues Eyed
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks edged lower on Tuesday as the prospect of the U.S. central bank…
BHP Eyes Demand Green Shoots In China As Profit Slumps
By Sameer Manekar and Melanie Burton (Reuters) -Global miner BHP Group reported a steeper-than-expected 32% fall in first-half profit owing…
Bank Of Korea To Hold Rates Despite Still High Inflation: Reuters Poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will hold its base interest rate at 3.50% on Thursday…
Australia’s Coles HY Profit Jumps As Cost Reductions Offset Supply Issues
(Reuters) – Australian grocer Coles Group Ltd on Tuesday posted a jump in first-half profit helped by benefits from its…
Marketmind: It’s Flash PMI Time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Flash purchasing manager…
$3.7 Billion UK Mass Action Against Facebook Over Market Dominance Rejected – For Now
By Sam Tobin LONDON (Reuters) -Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion…
Oil Rises 1% On China Demand Hopes And Supply Concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Monday, buoyed by optimism over Chinese demand, continued…
Asda Retail Boss Towle Leaves After Less Than Ten Months
LONDON (Reuters) – British supermarket group Asda said on Monday retail director Ken Towle is leaving the business less than…
Reuters Wins George Polk Award For Uncovering Child Labor In Hyundai Supply Chain
New York (Reuters) – A team of Reuters reporters on Monday won a George Polk Award for reports that revealed…
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