Take Five: Rate hike vs bank stress
(Reuters) -Meetings at the U.S. Federal Reserve, the European Central Bank and Australia’s central bank top the agenda, while megacap…
Business
Sony shares tumble on weaker-than-expected annual outlook
TOKYO (Reuters) – Sony Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment…
Japan activist group hails bourse reform as remedy for undervalued stocks
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – A group of investors led by prominent activist shareholder Yoshiaki Murakami…
PNC, JPM, Citizens among final bidders in First Republic auction -sources
By Chris Prentice, Nupur Anand and Saeed Azhar NEW YORK (Reuters) -PNC Financial Services Group, JPMorgan Chase & Co and…
Alibaba founder Jack Ma takes up Tokyo University visiting professorship
TOKYO (Reuters) – Alibaba Group founder Jack Ma has been invited to be a visiting professor at Tokyo College, a…
S.Korea exports suffer longest losing streak in 3 years, China sales tumble
SEOUL (Reuters) -South Korea’s exports fell for a seventh straight month in April for their longest losing streak in three…
Japan’s factory activity contracts at slower pace in April – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for the sixth straight month in April, but the details of a private…
North Korea blasts U.S.-South Korea summit deal for escalating tension
By Hyonhee Shin SEOUL (Reuters) – North Korea criticised a recent U.S-South Korea agreement to bolster the deployment of American…
Regulators auction First Republic; deal expected by Sunday
By Chris Prentice, Saeed Azhar, Lananh Nguyen and Paritosh Bansal (Reuters) – U.S. regulators are trying to clinch a sale…
UBS looks to bring Naratil back and mulls Swiss bank spin-off – NZZ
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what…