Japan’s SoftBank Corp posts 2.1% increase in Q1 profit
TOKYO (Reuters) – Japan’s SoftBank Corp, the domestic telecoms arm of SoftBank Group, posted a 2.1% increase in first quarter…
2023
Apple sees sales slump continuing, shares drop 2% despite beating sales expectations
By Stephen Nellis (Reuters) – Apple on Thursday forecast that a sales slump would continue into the current quarter, sending…
Singapore bank OCBC Q2 earnings rise; sees rate cuts from 2024
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter…
Blackstone to submit bid for stake in India’s Cipla- report
(Reuters) – U.S.-based private equity fund Blackstone will submit a bid next week to acquire a 33.47% stake in Indian…
Marketmind: arkets drift ahead of payrolls test
A look at the day ahead in European and global markets from Ankur Banerjee: Investors have kept their risk-off hat…
Mesoblast shares tank after US FDA rejects cell therapy for children
(Reuters) -The U.S. health regulator rejected Mesoblast’s cell therapy for children under 12 years of age for treating a type…
Airbnb forecasts upbeat revenue as international travel rebounds
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue above market estimates on Thursday, but industry fears of…
China’s Zhengzhou city launches property support measures
BEIJING (Reuters) – China’s Zhengzhou city has launched measures to support its property market, including easing home resale restrictions, in…
Philippine central bank ready to tighten policy if needed
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank said it was ready to tighten…
EV startups burn through more cash as demand falters
By Akash Sriram (Reuters) – U.S. electric vehicle startups are expected to show the impact of Tesla’s price war when…