Japan’s Nomura quarterly profit dives 76% as global banking worries hit
By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc, Japan’s biggest brokerage and investment bank, reported a 76% drop in its…
Economy
Japan’s ex-top FX diplomat sees BOJ keeping ultra-low rates this year
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) is set to keep monetary policy…
Thai March export fall less than expected, value at a year high
BANGKOK (Reuters) -Thailand’s customs-based exports contracted less than expected in March as some key shipments improved, and the commerce ministry…
Singapore central bank sees rents, inflation easing amid uncertain growth outlook
By Chen Lin SINGAPORE (Reuters) -Singapore’s growth outlook in 2023 appears uncertain amid global headwinds, the central bank said on…
Column-Inequality and ‘deposit glut’ sowed bank instability :Mike Dolan
By Mike Dolan LONDON (Reuters) – Growing wealth inequality and rise of the digital economy may well have combined to…
Teck Resources profit misses estimates as Glencore circles
LONDON (Reuters) -Canadian miner Teck Resources, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on…
VW’s Skoda aims for six electric vehicle models by 2026
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen, wants to expand its electric vehicle range to…
Farmers say Zimbabwe government compensation deal comes up short
By Nyasha Chingono and Wendell Roelf HARARE (Reuters) – Ben Gilpin is one of hundreds of commercial farmers who has…
Swiss regulator says two banks’ crisis plans are insufficient
ZURICH (Reuters) – Swiss financial regulator FINMA has labelled the recovery and resolution plans of two of Switzerland’s five systematically…
German consumer morale picks up on income expectations – GfK
BERLIN (Reuters) – German consumer sentiment is set to pick up in May as moderating energy prices and expected wage…