Rate-Cut Bets Are Surfacing Across Emerging Asia on Policy Pivot
Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks
2023-05-16 13:54
Elkann Says ‘Patriot’ Marchionne Saved Italy’s Auto Industry
Stellantis NV Chairman John Elkann credits former Fiat boss Sergio Marchionne with salvaging Italy’s auto industry and rejects
2023-05-16 13:48
Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:46
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
2023-05-16 13:18
Microsoft’s Activision Deal Gets Sliver of Hope as EU Defies UK
Microsoft Corp.’s $69 billion takeover bid for games developer Activision Blizzard Inc. came back from the brink after
2023-05-16 11:17
China’s Economic Recovery Worries Mount as Data Disappoints
China’s consumer spending and industrial activity grew at a slower pace than expected in April, adding to signs
2023-05-16 10:28
Ukraine Latest: Explosions, Sirens Mark Latest Russian Attack
Multiple explosions were heard in Kyiv early Tuesday, marking the eighth Russian attack on the capital this month.
2023-05-16 09:58
China’s Central Bank Outlook Spurs Call for Monetary Action
The People’s Bank of China hinted Monday it will keep monetary policy supportive, prompting expectations it may cut
2023-05-16 09:46
Australia’s Consumer Confidence Slumps on Rate Hike and Budget
Australia’s consumer confidence tumbled in May after the Reserve Bank unexpectedly raised interest rates and the government handed
2023-05-16 09:25
Alibaba Vows ‘Historic’ Investment in Taobao and Content
Alibaba Group Holding Ltd.’s e-commerce division will make “huge” investments in its Taobao shopping app, as the newly
2023-05-16 09:25
FTC to Sue to Block Amgen’s Takeover of Horizon Therapeutics
The US Federal Trade Commission is expected to file a lawsuit Tuesday to block Amgen Inc.’s $27.8 billion
2023-05-16 09:22
Delays Won’t Hurt Japan’s First Casino, Osaka Governor Says
Years of delay to plans for Japan’s first casino resort won’t have an adverse effect on the project
2023-05-16 08:54