Factbox-Fed, FDIC reviews of US bank failures to spotlight problems, fixes
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation’s deposit insurance…
April 2023
South Korea exports set for longest falling streak in over three years- Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in April for a seventh consecutive month and their…
Nordea Q1 profit tops forecast as interest rates rise
HELSINKI (Reuters) -The Nordic region’s biggest lender Nordea posted a larger than expected gain in first-quarter operating profits on Thursday,…
Japan ex-regulator head warns against excess regulation aimed at stopping digital bank runs
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Financial authorities must be mindful of the risk of excessive regulation…
Australia to overhaul immigration system, smooth entry for skilled workers
SYDNEY (Reuters) – Australia proposed on Thursday overhauling its immigration system to speed up getting highly skilled workers into the…
Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…
Toyota edges past 9.1 million vehicle output goal, warns chip shortage lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…
Marketmind: US recession worries weigh in Asia
A look at the day ahead in European and global markets from Kevin Buckland Europe wakes up to more weakness…
China Jan-Mar industrial profit slump underlines patchy economic recovery
BEIJING (Reuters) -China’s industrial firms’ profits shrank at a slightly slower pace in January-March but the decline remained in the…
South Korea’s Yoon sings ‘American Pie’ at White House state dinner
By Jeff Mason WASHINGTON (Reuters) – It turns out South Korean President Yoon Suk Yeol can sing. At the end…