
Pictet Bets Markets Are Wrong on Fed Rate Cut Timing
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut
2023-05-18 17:27

Tesla held talks with India on auto incentives, battery making -source
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Tesla Inc has held discussions with Indian officials about domestic incentives
2023-05-18 17:23

Binance Australia says banking disrupted as payment provider cuts service
SYDNEY (Reuters) -The Australian arm of Binance, the world's largest crypto-currency exchange, on Thursday said some customers there will be
2023-05-18 17:20

Senators Urge Biden to Appoint Independent Banking Investigator
Two senators on the Banking Committee say they have found flaws in regulators’ oversight reviews before some of
2023-05-18 17:17

Panasonic plans two or more new battery factories in North America by 2030
TOKYO (Reuters) -Japan's Panasonic Holdings Corp aims to ramp up its production capacity for 4680 battery cells by 2030 by
2023-05-18 16:53

EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:48

China reopening, earnings rebound to boost North Asian equities -investors
By Anisha Sircar and Divya Chowdhury Equity markets in North Asia will outperform the broader region this year,
2023-05-18 16:28

Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG A shrinking land bank and sluggish property demand are likely
2023-05-18 16:20

Dollar firms on debt ceiling optimism, Aussie slips after jobs data
By Samuel Indyk and Rae Wee LONDON/SINGAPORE The U.S. dollar held near a seven-week peak on Thursday after
2023-05-18 16:15

Analysis-As China's yuan drops through 7 again, the dollar is in the driver's seat
By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE China's heavily managed yuan has dropped to multi-month lows and breached
2023-05-18 15:53

Toyota, partners to start selling electric micro-vans by March 2024
TOKYO Toyota Motor Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan's delivery industry
2023-05-18 15:51

Philippines Pauses Rate Hikes as Inflation, Growth Cools
The Philippine central bank halted its most aggressive monetary tightening in two decades, amid easing inflation and moderating
2023-05-18 15:24