Nordea Q1 profit tops forecast as interest rates rise
HELSINKI (Reuters) -The Nordic region’s biggest lender Nordea posted a larger than expected gain in first-quarter operating profits on Thursday,…
Economy
Japan ex-regulator head warns against excess regulation aimed at stopping digital bank runs
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Financial authorities must be mindful of the risk of excessive regulation…
Australia to overhaul immigration system, smooth entry for skilled workers
SYDNEY (Reuters) – Australia proposed on Thursday overhauling its immigration system to speed up getting highly skilled workers into the…
Toyota edges past 9.1 million vehicle output goal, warns chip shortage lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…
Marketmind: US recession worries weigh in Asia
A look at the day ahead in European and global markets from Kevin Buckland Europe wakes up to more weakness…
China Jan-Mar industrial profit slump underlines patchy economic recovery
BEIJING (Reuters) -China’s industrial firms’ profits shrank at a slightly slower pace in January-March but the decline remained in the…
China’s job market tough, especially for college graduates, vice minister says
BEIJING (Reuters) -China’s job market remains tough, and it is becoming especially hard for college graduates to find jobs, vice…
Analysis-A stronger yen could jolt global markets
By Naomi Rovnick, Amanda Cooper and Harry Robertson LONDON (Reuters) – Investors are positioning for a regime change in global…
New Zealand committed to cutting spending, PM Hipkins says
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is committed to reducing spending even though severe weather events…
Tyson Foods to eliminate 10% of corporate jobs, 15% of senior leaders – memo
By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior…