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Toyota group to sell 8% Denso stake, investors want more unwinding
Toyota group to sell 8% Denso stake, investors want more unwinding
By Daniel Leussink TOKYO (Reuters) -Toyota and two affiliates will divest at least 8% of supplier Denso, the companies said
2023-11-29 19:16
The world economy will slow next year because of inflation, high rates and war, OECD says
The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
2023-11-29 18:21
Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country
Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country
Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country
2023-11-29 17:51
Toyota selling part of Denso stake to raise cash to develop electric vehicles
Toyota selling part of Denso stake to raise cash to develop electric vehicles
Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations
2023-11-29 16:59
Thai central bank holds key rate steady, trims growth outlook
Thai central bank holds key rate steady, trims growth outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank left its key interest rate unchanged on Wednesday as
2023-11-29 15:53
Stock market today: Asian shares mostly fall after Wall Street rallies
Stock market today: Asian shares mostly fall after Wall Street rallies
Asian shares are mostly lower although a strong report on U.S. consumer confidence and hopes the Federal Reserve is finished with its aggressive interest rate hikes sent shares higher on Wall Street
2023-11-29 15:15
New Zealand leader plans to ban cellphone use in schools and end tobacco controls in first 100 days
New Zealand leader plans to ban cellphone use in schools and end tobacco controls in first 100 days
New Zealand’s new prime minister plans to ban cellphone use in schools and repeal tobacco controls in the agenda for his first three months in office
2023-11-29 14:51
Kingdom Holding Buys $450 Million Citigroup Stake From Alwaleed
Kingdom Holding Buys $450 Million Citigroup Stake From Alwaleed
Kingdom Holding Co., the investment company of Prince Alwaleed Bin Talal, has raised its stake in Citigroup Inc.
2023-11-29 14:17
Michigan to join state-level effort to regulate AI political ads as federal legislation pends
Michigan to join state-level effort to regulate AI political ads as federal legislation pends
Michigan Gov. Gretchen Whitmer is expected to sign legislation in the coming days aimed at curbing deceptive uses of artificial intelligence and manipulated media
2023-11-29 13:28
First Asia ETF Tracking Saudi Arabian Stocks Debuts in Hong Kong
First Asia ETF Tracking Saudi Arabian Stocks Debuts in Hong Kong
The first exchange-traded fund tracking Saudi Arabian shares debuted today in Hong Kong, marking the largest of its
2023-11-29 13:27
Conservative attack on government regulation reaches the Supreme Court
Conservative attack on government regulation reaches the Supreme Court
The Supreme Court is hearing arguments in a challenge to the Securities and Exchange Commission’s ability to fight fraud, part of a broader attack on regulatory agencies led by conservative and business interests
2023-11-29 13:16
China's Nov factory activity likely contracted for second month: Reuters poll
China's Nov factory activity likely contracted for second month: Reuters poll
By Joe Cash BEIJING China's manufacturing activity likely contracted for a second consecutive month in November, a Reuters
2023-11-29 12:58
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