Global companies by market cap: Tesla fell most in April
(Reuters) – Tesla Inc was the biggest loser among top companies by market capitalisation in April, hit by disappointing quarterly…
Asia
BOJ chief upbeat on Asia’s economy, points to bank resilience
By Leika Kihara INCHEON, South Korea (Reuters) – Bank of Japan Governor Kazuo Ueda said on Tuesday the downside risks…
Emirates boss forecasts resilient demand, no hit from new airlines
By Yousef Saba and Lisa Barrington DUBAI (Reuters) – Emirates Airline President Tim Clark said on Tuesday that new Saudi…
King Charles’ coming coronation stirs memories of queen 70 years ago
By Hannah McKay and Natalie Thomas LONDON (Reuters) – Pamela Tawse was 18 and still in her nurse’s uniform and…
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies…
Hong Kong’s GDP rebounds 2.7% in first quarter as outlook brightens
Hong Kong (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the…
Qantas picks first female CEO as Alan Joyce prepares to depart
By Praveen Menon and Roushni Nair SYDNEY (Reuters) -Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named finance chief Vanessa…
U.S. banking woes a major factor behind Bank of Korea rate freeze
SEOUL (Reuters) – Most of the South Korean central bank’s board members cited concerns about the U.S. banking sector’s health…
Analysis-Japan’s automakers have a made-in-China sales crisis
By Daniel Leussink TOKYO (Reuters) – Japan’s automakers are facing a sales crisis in China, data shows, as a rapid…
Australian landlords push back on property valuation doomsday
By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at…