By Yuka Obayashi TOKYO (Reuters) -Japanese trading house Itochu said on Wednesday it will step up investment in growth segments, aiming for record spending of 1 trillion yen ($6.6 billion) in the curr[...]
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April 3, 2024
China eases car loan policy for first time since 2018 to boost demand
BEIJING (Reuters) -China’s central bank on Wednesday announced revisions to car loans to promote auto trade-ins and scrap government-set minimum down payments for consumers financing new car pur[...]
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Morning Bid: Powell, data, Taiwan quake keep markets on edge
(Reuters) – A look at the day ahead in U.S. and global markets by Samuel Indyk The wobbly start for markets in the second quarter could worsen on Wednesday. Federal Reserve Chair Jerome Powell i[...]
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UK’s Virgin Atlantic on course to return to profitability
By Paul Sandle LONDON (Reuters) -Richard Branson’s Virgin Atlantic said on Wednesday it would return to profitability this year after strong demand from holiday makers drove revenue up by 265 mi[...]
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Greece approves purchase of 35 Blackhawk helicopters from US-sources
ATHENS (Reuters) – Greece has approved the purchase of 35 UH-60M Blackhawk helicopters from U.S defence contractor Lockheed Martin Corp in an effort to modernize its armed forces, two people wit[...]
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Standard Chartered picks new regional heads amid investment banking reshuffle, source says
(Corrects headline, 1st paragraph, removes reference to CIB in paragraph 4,5 to show new appointments are for hubs’ overall operations) DUBAI (Reuters) -Standard Chartered has picked new regiona[...]
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Standard Chartered picks new regional heads amid investment banking reshuffle, source says
(This April 2 story has been corrected to fix the headline and paragraph 1, removes reference to CIB to show new appointments are for hubs’ overall operations in paragraphs 4,5) DUBAI (Reuters)[...]
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Hong Kong Feb retail sales rise 1.9% as tourism extends recovery
HONG KONG (Reuters) -Hong Kong’s retail sales rose for the 15th straight month in February boosted by continuing growth in tourism and consumption, official data showed on Wednesday. Sales in Fe[...]
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Euro zone inflation unexpectedly eases, boosting rate cut case
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering borrowing costs from record highs.[...]
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