Oil Rises After IEA Supply Shortfall Warning
-Oil prices climbed on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels per day…
Handbags At Dawn: Chanel Duels South Korean Resellers In Luxury Boom
By Heekyong Yang and Silvia Aloisi SEOUL (Reuters) – As COVID curbs cut travel and duty-free shopping, South Koreans are…
Asian Stocks Rally Strongly As Fed Hike, Ukraine Talks Boost Sentiment
By Kevin Buckland TOKYO (Reuters) – Japan and Hong Kong led a jump in regional stocks on Thursday, joining a…
China’s Shenzhen City Says Will Allow Firms To Resume Work In An Orderly Manner
SHANGHAI (Reuters) – Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to…
Japan Households Accumulate Record Financial Assets As COVID Curbs Spending
By Leika Kihara TOKYO (Reuters) – Japanese households accumulated a record $17 trillion in financial assets as of December last…
Canadian Pacific To Lock Out Employees In 72 Hours If Talks With Union Fail
(Reuters) -Canadian Pacific Railway will lock out its employees in 72 hours if there is no agreement with a union,…
Yen Left Behind As Fed Begins Hiking
By Tom Westbrook SINGAPORE (Reuters) – The yen was pinned to a six-year low on the dollar and struggled against…
Powell and 3 other nominees to Fed posts clear Senate panel
WASHINGTON (AP) — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the…
Russia Sanctions Pierce Luxury Jet World’s Ultra-private Bubble
By Allison Lampert (Reuters) – The gleaming, late-model European jet for sale was a rarity in the hot market for…
Japan’s Machinery Orders Fall For First Time In 5 Months
By Daniel Leussink TOKYO (Reuters) – Japan’s core machinery orders slipped for the first time in five months in January,…