Shares Slip, Dollar Steady As Investors Await Inflation Data
By Sam Byford and Lawrence White TOKYO/LONDON (Reuters) – Stocks trembled on Wednesday while major currencies held steady as investors…
Cathay Pacific losses narrow as COVID-19 restrictions ease
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday that losses in the first half of the…
ABN Amro’s Quarterly Profit Beats Estimates Despite Rising Costs
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit…
Asian shares track Wall Street gains on cooling inflation
BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered…
Prudential Says First-half Profit Up 8%; Warns Of Persistent COVID Woes
By Selena Li HONG KONG (Reuters) -Prudential Plc posted on Wednesday a rise of 8% in its first-half operating profit,…
Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance Of Forced Twitter Deal
By Hyunjoo Jin and Akriti Sharma (Reuters) -Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares…
China’s Lenovo Reports Flat Revenue, Weakest In Eight Quarters
By Josh Ye HONG KONG (Reuters) – Lenovo Group, the world’s biggest maker of personal computers, reported flat revenue for…
China’s July PPI +4.2% Y/y, CPI +2.7% Y/y
BEIJING (Reuters) – China’s factory-gate inflation eased to its lowest since February 2021, as raw material prices fell due to…
China’s youth face bleak job market as COVID slows economy
BEIJING (AP) — Liu Qian, job-hunting with a new master’s degree, said two employers interviewed her and then said the…
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
By Stephanie Kelly (Reuters) – Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose…