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EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
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
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
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
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
Pakistan Latest: Imran Khan Arrest Fears Keep Nation on Edge
Pakistan Latest: Imran Khan Arrest Fears Keep Nation on Edge
Pakistan’s former premier Imran Khan said he fears imminent arrest after police surrounded his home in Punjab province,
2023-05-18 15:53
Analysis-As China's yuan drops through 7 again, the dollar is in the driver's seat
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
BT to Cut Up to 42% of Jobs by 2030 Following Fiber Rollout
BT to Cut Up to 42% of Jobs by 2030 Following Fiber Rollout
BT Group Plc said it plans to cut its labor force, including employees and contractors, by as much
2023-05-18 15:51
Toyota, partners to start selling electric micro-vans by March 2024
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
Foreigners Buy Japan Equity for Sixth-Straight Week Amid Rally
Foreigners Buy Japan Equity for Sixth-Straight Week Amid Rally
Foreign investors were net buyers of Japanese equity for a sixth-straight week, helping to fuel one of the
2023-05-18 15:29
Ukraine Recap: Kyiv Downs Missiles, China Envoy Meets Zelenskiy
Ukraine Recap: Kyiv Downs Missiles, China Envoy Meets Zelenskiy
Air defense intercepted 29 out of 30 missiles fired by Russian forces overnight, Ukraine’s army chief Valeriy Zaluzhnyi
2023-05-18 15:25
Philippines Pauses Rate Hikes as Inflation, Growth Cools
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
China lifts ban on Australian timber imports in another sign of improving bilateral relations
China lifts ban on Australian timber imports in another sign of improving bilateral relations
China has opened its doors to Australian timber imports for the first time in more than two years, in another sign that the tattered bilateral relationship is being repaired
2023-05-18 15:24
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