A bank solvency stress test conducted by the Reserve Bank of New Zealand found the country's five largest banks are well placed to withstand the impact of heightened geopolitical risks, the central ...
Australia's Westpac Banking Corp reported a 2% fall in annual profit on Monday, hurt by higher costs due to one-off restructuring charges and by emerging margin pressures from competition in lending ...
FILE PHOTO: The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker's German facility, after ...
SYDNEY (Reuters) -Australian home prices jumped by the most in more than two years in October as rate cuts and government ...
The better-than-expected growth will pave the way to raise the full-year forecast to more than 5%, the agency said, from a ...
TOKYO (Reuters) -Japan's Panasonic Holdings cut its full-year operating profit forecast by 13.5% on Thursday, mainly due to ...
Bessent said that, although the overall U.S. economy remains solid, high mortgage rates still hinder the real estate market. Housing, he said, is effectively in a recession that is hitting low-end ...
One of the largest Turkish refineries, SOCAR Turkey Aegean Refinery (STAR), owned by Azeri company SOCAR, has recently bought four cargoes of crude from Iraq, Kazakhstan and other non-Russian ...
Eight OPEC+ members - Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Oman, Kazakhstan and Algeria - are set to agree on Sunday to increase December output targets by 137,000 barrels per ...
FRANKFURT (Reuters) -Germany's pilots union VC is giving Lufthansa more time to resolve a pensions dispute, averting a ...
BEIJING (Reuters) -Chinese automaker BYD said on Saturday its October sales dropped 12% from the same month a year earlier to ...
Pressures in repo markets are also largely due to aggressive bill issuance by the Treasury to build its cash balance after ...