Overall bank lending in Japan was up 3.0 percent on year in February, the Bank of Japan said on Friday - coming in at 616.945 trillion yen. That was shy of expectations for an increase of 3.2 percent and down from 3.1 percent in January. Excluding trusts, lending climbed an annual 3.4 percent to 539.658...
-- Hong Kong shares of Dongfeng Group (HK:0489) fell sharply on Monday after the Chinese carmaker warned investors that it was likely to clock a loss for 2023 amid weakening vehicle sales and competition from electric vehicles. Dongfeng’s shares slid 11.2% to HK$3.02, hitting a near one-month low. They largely lagged the broader Hang Seng...
The Taiwan stock market has finished higher in four straight sessions, advancing more than 750 points or 3.8 percent in that span. The Taiwan Stock Exchange now sits just beneath the 19,700-point plateau and it\'s likely to open higher again on Friday. The global forecast for the Asian markets is upbeat on growing optimism over...
By Dawn Chmielewski Comcast Corp (NASDAQ:CMCSA)\'s Universal Pictures dominated Sunday\'s Academy Awards, propelled by the historical drama \"Oppenheimer,\" which won seven Oscars, including best picture. The film about the father of the atomic bomb claimed wins in several major categories, including the best director Oscar for Christopher Nolan, lead actor for Cillian Murphy and supporting...
The China stock market has moved lower in two straight sessions, slipping more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 3,025-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on growing optimism over the...
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo is leading a presidential trade and investment mission to the Philippines starting Monday as the United States looks to fortify economic ties across the region. Raimondo plans to tout the Philippines as a key hub for regional supply chains and investment in support of...
The Hong Kong stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had added more than 80 points or 0.5 percent. The Hang Seng Index now sits just beneath the 16,230-point plateau although it\'s expected to rebound again on Friday. The global...
By Lewis Jackson SYDNEY (Reuters) - Volkswagen (ETR:VOWG_p) Australia said on Monday it had quit the policymaking committee at the country\'s auto lobby, days after Tesla (NASDAQ:TSLA) cut ties with the group, as the German carmaker distances itself from a campaign against new fuel standards. In a letter sent to other members of the Federal...
U.K. stocks traded lower on Friday ahead of the release of key U.S. jobs data later in the day that could influence the Fed\'s rate trajectory. The benchmark FTSE 100 was down 18 points, or 0.2 percent, at 7,674 after edging up 0.2 percent on Thursday. Packaging firm Mondi gave up more than 2 percent...
(Reuters) -Qantas Airways , Australia\'s flag carrier, said on Monday that it is adjusting its schedule for a couple of days this week to mitigate any operational disruptions arising from a new planned strike by the pilots at its units. The airline expects that most customers will reach their destinations on the same day as...