By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top currency officials on Wednesday ramped up a warning against the yen’s current weakness, saying the authorities would respond appropriately if moves become excessive, repeating similar comments by the finance minister on Tuesday. Finance Minister Shunichi Suzuki said one-sided movements were seen in the yen’s slide,…
By Mohi Narayan (Reuters) -Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of U.S. inventories, signalling robust demand from the world’s biggest oil consumer, but the gains were limited by worries over interest rate hikes. Brent crude futures rose 34 cents, or 0.47%, to $72.60 a barrel at 0626 GMT,…
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday. Responsibilities previously carried out by the operations chief will be taken over by other executives, it said. Hideyuki Sakamoto, executive vice president in…
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday. Responsibilities previously carried out by the operations chief will be taken over by other executives, it said. Hideyuki Sakamoto, executive vice president in…
SHANGHAI (Reuters) – Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share in the world’s largest auto market, analysts say. The U.S. automaker could sell 155,000 cars in China during April to June, an increase of 13%…
By Max Hunder KRAMATORSK, Ukraine (Reuters) – A Russian missile struck a restaurant in the eastern Ukrainian city of Kramatorsk on Tuesday, killing at least eight people and wounding 56, emergency services said, as rescue crews combed the rubble in search of casualties. A second missile hit a village on the fringes of Kramatorsk, injuring…
By Steve Gorman LOS ANGELES (Reuters) -British-born actor Julian Sands, best known for his role in the Oscar-celebrated film “A Room with a View,” was confirmed dead on Tuesday, five months after he went missing while out for a hike in snow-covered mountains of Southern California. He was 65. Mostly skeletal human remains discovered by…
A look at the day ahead in European and global markets from Wayne Cole. The People’s Bank of China seems to like being enigmatic, throwing the market a curve ball as it fixed the yuan weaker against the dollar than many expected. Dealers had thought the firmer fix on Tuesday meant Beijing was signalling it…
A look at the day ahead in European and global markets from Wayne Cole. The People’s Bank of China seems to like being enigmatic, throwing the market a curve ball as it fixed the yuan weaker against the dollar than many expected. Dealers had thought the firmer fix on Tuesday meant Beijing was signalling it…
By Enrique Garcia GUATEMALA CITY (Reuters) -An anti-corruption presidential candidate in Guatemala, whose surprise showing in a first-round election on Sunday means he will contest a runoff vote in August, said on Tuesday he would pursue closer relations with China if he wins. “We need to work on our trade relations and expand them in…
