Philips shares jump on recall provision and profit improvement
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares jumped 13% on Monday as the Dutch health technology company reported much…
April 2023
Citigroup’s Asia Q1 wealth revenue jumps 20% amid new clients, investment gains
HONG KONG (Reuters) -Citigroup’s Asia wealth revenue surged 20% in the first quarter of 2023, backed by investment gains, insurance…
Thai central bank chief sees growth at 3.6% this year, inflation risks
By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) – Thailand’s economy is still seen growing at 3.6% this year, driven…
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,…
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…