NEW YORK (Reuters) – The blockbuster film “Barbie” has topped $1 billion in box office ticket sales worldwide since its July 21 debut, Warner Bros. Pictures, a unit of Warner Bros. Discovery, announced on Sunday. In a statement, Warner Bros. said the fantasy-comedy movie has taken in $459 million from domestic theaters – counting the…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said on Monday it projected smaller consumer price rises for the rest of the year. The headline consumer price index (CPI) increased 0.38% in July…
HONG KONG (Reuters) – Chinese property developer Yuzhou Group rolled out a plan to restructure its debt after defaulting on dollar bond payments last year, sparking a short rally in its shares and bonds on Monday. The debt proposal by the Shenzhen-headquartered company, with $6.8 billion in offshore liabilities, is one of a handful announced…
A look at the day ahead in European and global markets from Wayne Cole. It’s been a slow start in Asia, with little in the way of market-moving news over the weekend. Shares are narrowly mixed, with Nasdaq futures faring best, while the dollar is a shade firmer and Treasury yields are up slightly. A…
By Georgina Lee and Scott Murdoch HONG KONG (Reuters) – China Life Insurance (Overseas) Hong Kong has mandated banks for its 10-year subordinated bond offering, according to a preliminary term sheet seen by Reuters on Monday. The Hong Kong arm of China’s second-biggest insurer by assets is looking to raise between $1 billion and $2…
By Leika Kihara TOKYO (Reuters) -The Bank of Japan debated growing prospects of sustained inflation at their July meeting with one board member saying wages and prices could keep rising at a pace “not seen in the past,” according to a summary of opinions released on Monday. While the members stressed the need to keep…
SYDNEY (Reuters) – Australian job advertisements posted a small rise in July after an outsized decline in the previous month, data showed on Monday, but analysts say the lift could be a blip as rate hikes work to cool red-hot labour demand. Data from Australia and New Zealand Banking Group and employment website Indeed showed…
FRANKFURT (Reuters) -Daimler Truck’s Chief Financial Officer Jochen Goetz has died in a “tragic accident,” the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the…
By Anton Bridge TOKYO (Reuters) – Japan’s SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts said, as its Vision Fund investing arm’s portfolio of technology stocks enjoyed a rebound. The tech investor has posted two consecutive years of loss on the slumping value of the…
By Mark John (Reuters) – A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact of climate change on current sovereign credit ratings. Among them, China, India, the United States and Canada could expect higher costs…
