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…
Economy
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…
Australia to reveal huge budget rebound, pledge restraint in response
By Wayne Cole SYDNEY (Reuters) – Australia’s Labor government is set to reveal a vast improvement in the budget bottom…
China new home prices up slightly in April, less cities post gains – survey
BEIJING (Reuters) – Prices of new homes in 100 Chinese cities rose a touch in April in an extension of…
Australia’s home prices rise again in sign of market bottom
SYDNEY (Reuters) – Australian home prices rose for a second straight month in April, in a further signal that the…
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…
China factory activity unexpectedly shrinks in April
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday,…