Author Archives: Syndicated Content
Blackstone-owned Crown Resorts to cut up to 1,000 jobs as challenges mount
(Reuters) - Blackstone-owned Crown Resorts will cut up to 1,000 roles in Melbourne, Perth and Sydney, it said on Monday, as weak economic conditions continue to impact its business and as it struggles...
Apr 29, 2024
Chinese property shares rally on stimulus hopes
By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing invento...
Apr 29, 2024
Vivendi says feasibility study for planned split is in progress
(Reuters) - French media conglomerate Vivendi said on Monday that a feasibility study for the plan to split its business into four separate companies was progressing. The option currently being examin...
Apr 29, 2024
Instant view: Japan's yen jumps 5 yen against dollar on suspected intervention
(Reuters) - The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is languishing near 34-year lows. The d...
Apr 29, 2024
Taiwan's economy seen expanding 5.6% in first quarter on strong exports: Reuters poll
TAIPEI (Reuters) - Taiwan's trade-dependent economy likely grew faster in the first quarter, supported by a rebound in exports amid upbeat demand for the technology that powers artificial intelligence...
Apr 29, 2024
Japan's yen jumps against the dollar on suspected intervention
By Rae Wee and Vidya Ranganathan (Reuters) - The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is lan...
Apr 29, 2024
Instant view: Japan's yen jumps 5 yen against dollar on suspected intervention
(Reuters) - The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is languishing near 34-year lows. The d...
Apr 29, 2024
Shell earns $1 billion a year from US crude trading, court filing shows
By Arathy Somasekhar and Ron Bousso HOUSTON (Reuters) - Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a...
Apr 29, 2024
South Korea's chip-led export growth to quicken in April: Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's exports are expected to have risen at a faster pace in April, extending gains for a seventh straight month on strong chip sales, a Reuters poll showed on ...
Apr 29, 2024
In the Market: Economic surprises are messing with the market's favorite recession predictor
By Paritosh Bansal (Reuters) - A bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. It's a worry for markets. The market s...
Apr 29, 2024
