TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Ryozo Himino will deliver a speech and hold a news conference in the eastern Japan city of Yokohama on Jan. 14, the central bank said on Monday. The event will precede the BOJ’s policy-setting meeting on Jan. 23-24, when some analysts expect the central bank to …
BOJ Deputy Governor Himino to deliver speech Jan. 14 Read More »
TOKYO (Reuters) -Bain Capital-backed chipmaker Kioxia’s initial public offering has raised 120 billion yen ($800 million) including an overallotment after shares were priced in the middle of their marketed range, according to a securities filing on Monday. Kioxia, a major manufacturer of memory chips, set its IPO price at 1,455 yen per share, the filing …
Japan’s Kioxia prices IPO in middle of range, raising $800 million Read More »
(Corrects media packaging code; no changes to text) By Sethuraman N R (Reuters) -Shares of India’s Godrej Consumer Products slumped 9% on Monday, set for their worst day since March 2020 and dragging down its peers in the fast moving consumer goods sector after the firm warned of stress on demand and profit margins in …
India’s Godrej Consumer slumps 9% after flagging weak Q3 demand Read More »
OSLO (Reuters) – Equinor has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion, completing exits from the two countries after some 30 years, the Norwegian oil and gas firm said on Monday. The divestments, first announced in 2023 and completed in recent weeks, …
Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion Read More »
SYDNEY (Reuters) -Tongan Prime Minister Siaosi Sovaleni has resigned “for the good of the country and moving Tonga forward”, the Pacific Island nation’s parliament said on Monday. Media reported the resignation in parliament shortly before midday came ahead of a motion for a vote of no confidence expected to be put to the assembly. “I’ll …
Tonga PM Sovaleni resigns ahead of no confidence vote, government says Read More »
ZURICH (Reuters) -Baloise has nominated Robert Schuchna, a representative of activist shareholder Cevian Capital, to join its board of directors next year, the Swiss insurer said on Monday. Cevian, which in September became Baloise’s biggest investor with a 9.4% stake, has been putting pressure on Baloise to improve its performance, saying its current strategy is …
Swiss insurer Baloise nominates activist investor representative to board Read More »
SEOUL (Reuters) – South Korea President Yoon Suk Yeol has been banned from foreign travel, a justice ministry official told a parliament committee hearing on Monday. (Reporting by Joyce Lee; Editing by Kim Coghill)
By Liz Lee BEIJING (Reuters) – China’s new yuan loans are expected to have almost doubled in November from October, a Reuters poll showed on Monday, demonstrating firmer credit demand as Beijing’s recent efforts to prop up economic growth lift confidence. Banks likely issued 990 billion yuan ($136.02 billion) in net new yuan loans last …
China’s Nov bank lending seen doubling as stimulus kicks in: Reuters poll Read More »
By Giselda Vagnoni, Christoph Steitz and Joanna Plucinska (Reuters) – France and Germany’s political crises are a setback for efforts to modernise Europe’s struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally. Government collapses in Germany and France – the big two economies that …
Analysis-To Europe’s economic malaise, add a leadership void Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A relentless rally in U.S. stocks is showing few signs of slowing into year-end, even as rising valuations and signs of excessive speculation fuel worries that a pullback may be overdue. The S&P 500 notched its 57th record close of the year on Friday and is up …
Analysis-Strong momentum makes it hard to bet against ‘freight train’ US stock rally Read More »
