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Honda sees full-year profit rising 19% after missing forecasts in Q4

The Cheap InvestorMay 11, 2023May 11, 20230

TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year,…

  • Asia
  • Economy

In Malaysia, migrants say they are in limbo after promised jobs fall through

The Cheap InvestorMay 11, 2023May 11, 20230

By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – Stranded without work for months, hundreds of South Asian migrants…

  • Asia
  • Business

China says it will resolutely object if U.S. curbs investment in semiconductor industry

The Cheap InvestorMay 11, 2023May 11, 20230

BEIJING (Reuters) – China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said…

  • Business
  • Economy

Italian bonds face a raft of challenges as credit ratings loom

The Cheap InvestorMay 11, 2023May 11, 20230

By Harry Robertson LONDON (Reuters) – Italian bonds face a rockier road in the coming months after a period of…

  • Asia
  • Economy

Yellen highlights common goals with Brazil on climate, development

The Cheap InvestorMay 11, 2023May 11, 20230

By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen highlighted the fight against climate change and other…

  • Business
  • Economy

Germany’s Merck flags decline in operating profit of up to 10% in 2023

The Cheap InvestorMay 11, 2023May 11, 20230

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…

  • Business
  • Economy

Deutsche Telekom slightly raises 2023 profit outlook

The Cheap InvestorMay 11, 2023May 11, 20230

BERLIN (Reuters) – Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in…

  • Asia
  • Economy

China, France agree to strengthen economic ties

The Cheap InvestorMay 11, 2023May 11, 20230

PARIS/BEIJING (Reuters) – French Foreign Minister Catherine Colonna and her Chinese counterpart Qin Gang agreed on the need to “develop…

  • Business
  • Economy

Google’s AI is coming to more companies near you

The Cheap InvestorMay 11, 2023May 11, 20230

By Jeffrey Dastin MOUNTAIN VIEW, California (Reuters) – The financial report you read, the apparel marketing you see and the…

  • Asia
  • Economy

Factbox-China’s oil, commodities import from Russia

The Cheap InvestorMay 11, 2023May 11, 20230

(Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly…

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