Toyota Profit Tops Estimates, Sticks to Full-Year Forecasts
Toyota Motor Corp.’s quarterly profit exceeded estimates after supply chain improvements and a cheap yen helped the carmaker
2023-08-01 12:46
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:24
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:29
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 11:23
Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 11:18
Tencent Becomes Market Laggard as China Traders Sell
Tencent Holdings Ltd. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading.
2023-08-01 10:55
Country Garden shares slump after share sale scrapped
HONG KONG Shares of Chinese property giant Country Garden plunged as much as 10.8% in early trading on
2023-08-01 10:21
Asia’s Factories Seeking a Catalyst With China on Sidelines
Factories in Asia continued to experience weaker activity in July amid China’s economic woes, signaling that a manufacturing
2023-08-01 09:49
China’s Cabinet Urges Cities to Roll Out Property Policies
China’s State Council called on cities to introduce policies to ensure the healthy development of their property markets,
2023-08-01 09:49
Country Garden Cancels $300 Million Share Placement, IFR Says
Country Garden Holdings Co. canceled a HK$2.34 billion ($300 million) share placement, IFR reported, citing a message sent
2023-08-01 09:27
China’s Home Sales Drop Most in a Year as Slowdown Worsens
China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to
2023-08-01 09:22
Japan Jobless Rate Falls in Positive Sign for Wages, BOJ Goal
Japan’s unemployment rate fell in June, feeding into optimism that upward pressure on wages may persist and help
2023-08-01 08:58