Asian shares track Wall St retreat on interest rate worries
BANGKOK (AP) — Asian shares tracked a retreat on Wall Street after details from last month’s Federal Reserve meeting showed…
India’s Paytm Aims For Key Profitability Metric By Sept 2023
BENGALURU (Reuters) -Indian digital payments firm Paytm said on Wednesday it would be able to breakeven for a key measure…
Myanmar orders foreign money held by banks changed to kyats
BANGKOK (AP) — An order by Myanmar’s central bank that all foreign currency in bank accounts must be converted into…
FedEx Logistics opens global headquarters in Memphis
MEMPHIS, Tenn. (AP) — Shipping giant FedEx Corp. said its logistics subsidiary has opened a new global headquarters in downtown…
VW To Scrap Models And Focus On Premium Market -CFO Tells FT
BERLIN (Reuters) – German carmaker Volkswagen will axe many combustion engine models by the end of the decade and sell…
Asian Stocks Slide, Bond Yields Gain After Hawkish Fed Comments
By Daniel Leussink TOKYO (Reuters) – Asian share markets slipped on Wednesday as investors faced up to the possibility of…
Dollar Holds Firm Near 2-year High After Fed Policymaker’s Comments
By Alun John HONG KONG (Reuters) – The dollar edged up to its highest in nearly two years on Wednesday…
Oil Mixed As New Russia Sanctions Offset Demand Worries
By Yuka Obayashi TOKYO (Reuters) -Oil futures were mixed on Wednesday, recovering from early losses, as the threat of new…
China’s Cash-strapped Kaisa In Strategic Pact With State Firms
HONG KONG (Reuters) – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone…
JetBlue Offers $3.6 Billion For Spirit In U.S. Low-cost Carrier Battle
By David Shepardson WASHINGTON (Reuters) – JetBlue Airways said Tuesday it made an unsolicited $3.6 billion bid for Spirit Airlines,…