Asia’s Factory Activity Weakens As Global Demand Falters
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity weakened in March as soft overseas demand hurt output, surveys showed…
Headlines
China’s March Factory Activity Falters As Post-COVID Bounce Fades
BEIJING (Reuters) – China’s sprawling manufacturing sector, accounting for a third of the world’s second-largest economy by value, lost momentum…
Mitsubishi UFJ To Postpone AT1 Bond Issuance In Credit Suisse Fallout
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc will postpone the issuance of Additional Tier-1 (AT1) bonds to mid-May or…
Nomura Names Rudolf Hitsch North Asia Head Of Wealth Management
HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as…
Oil Jumps $5/bbl As Surprise OPEC+ Output Cuts Jolt Markets
By Florence Tan SINGAPORE (Reuters) – Oil prices jumped about $5 a barrel on Monday’s open, jolted by a surprise…
Tesla Posts Record Quarterly Deliveries After Price Cuts, Up 4% From Q4
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales…
Oil Prices Surge On Output Cut, Takes Gloss Off US Inflation
By Wayne Cole SYDNEY (Reuters) – Oil prices surged on Monday after Saudi Arabia and other OPEC+ oil producers announced…
McDonald’s Temporarily Shuts US Offices, Prepares Layoff Notices -WSJ
(Reuters) – Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate…
Marketmind: A Holiday-thinned Kickoff To Q2, And US Jobs Report
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley. A 13.6% year-over-year…
OPEC+ Announces Surprise Oil Cuts; U.S. Calls Move Inadvisable
By Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced…