Oil Rises On China Demand Hopes, Concerns On Supply Outlook
By Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday amid optimism over China’s demand recovery, concerns that underinvestment will…
February 2023
Novartis Names Firmenich CEO As Chairman Designate Of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generics unit Novartis…
Dollar Steady As Robust U.S. Data Keep Fed Hawks In Control
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run…
Aussie Supermarkets Set To Capitalise On High Inflation, But Softer Demand Ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and…
Asia Shares Hesitant Ahead Of Updates On Fed, BOJ Policies
By Wayne Cole SYDNEY (Reuters) – Asian shares were hesitant on Monday as a U.S. holiday made for slow trading…
Oil Prices Little Changed, Nurse Last Week’s Losses On Improved Supplies
By Florence Tan SINGAPORE (Reuters) – Oil prices were little changed in early Asian trade on Monday, after settling down…
China’s Mortgage Rate Cuts Spur Prepayment Rush, Threaten Bank Earnings
By Ziyi Tang, Liangping Gao and Ryan Woo BEIJING (Reuters) -China has been cutting mortgage rates since last year to…
Marketmind: China To Keep Calm On Rates
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Three central bank…
Meta To Test Monthly Subscription Service Priced At $11.99
(Reuters) -Meta Platforms on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let…
Airbus’ Defence Arm Says Berlin Delaying Exports Worth Billions
By Sabine Siebold MUNICH (Reuters) – Slow German government export approvals are holding up Airbus Defence & Space defence exports…