By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation slowed for a fourth straight month in April as rises in raw material costs moderated, data showed on Monday, suggesting that consumer[...]
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May 15, 2023
China holds rates, adds more liquidity as recovery struggles
SHANGHAI/SINGAPORE (Reuters) -China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Monday, as expected, but markets expect monetary eas[...]
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US pipeline operator ONEOK moves into oil, products with $18.8 billion Magellan deal
By Jyoti Narayan and David French (Reuters) -ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt,[...]
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Oil prices fall on stronger dollar, demand fears
By Laura Sanicola NEW YORK (Reuters) – Oil prices settled more than 1% lower on Friday, falling for the fourth consecutive week, as the market balanced supply fears against renewed economic conc[...]
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Marketmind: Major macro signals from China, Japan
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Major economic data from China and Japan, and a central bank rate decision from the Philippines could[...]
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Activist investor Engaged Capital plans proxy battle at Shake Shack -WSJ
(Reuters) -Activist investor Engaged Capital is planning a proxy fight for three board seats at high-end burger chain Shake Shack, the Wall Street Journal reported on Sunday, citing people familiar wi[...]
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Australian gold miner Newcrest backs Newmont’s $17.8 billion offer
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp’s A$26.2 billion ($17.8 billion) takeover offer in one o[...]
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