Japan’s Nidec posts first quarterly loss in 10 years
TOKYO (Reuters) – Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade,…
April 24, 2023
Philippines sticks to its 5-year GDP growth targets on economic momentum
By Neil Jerome Morales MANILA (Reuters) – The Philippines on Monday maintained its economic growth targets over the next five…
UBS Retains Risk Chief To Bolster Controls For Credit Suisse Deal
ZURICH (Reuters) -Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future”…
UBS retains risk chief to bolster controls for Credit Suisse deal
ZURICH (Reuters) -Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future”…
Evaporating equity risk premium herds funds to bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Even though it may surprise some that it’s positive at all, the risk premium…
Bank of Korea’s Rhee says some short-term rates have fallen more than expected
SEOUL (Reuters) -The head of South Korea’s central bank said on Monday some short-term interest rates had fallen more than…
Factbox-What’s on the agenda at the South Korea-US summit?
By Ju-min Park (Reuters) – South Korea’s President Yoon Suk Yeol will be seeking U.S. assurances on deterring North Korea…
HSBC investors hold talks as proxy advisors oppose Asia spinoff
LONDON (Reuters) -HSBC’s most vocal individual activist shareholder Ken Lui on Monday said he had spoken for the first time…
Oil Prices Fall 1% On Uncertainty Over Global Outlook, Rate Hikes
By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell more than 1% on Monday as concerns about rising interest…
Singapore March core inflation rises 5%, slightly less than forecast
By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official…