By Rocky Swift and GregorStuart Hunter TOKYO (Reuters) -Japanese government bonds tumbled on Wednesday, sending benchmark yields to near 17-year highs, as traders priced in increased political risks and a hazy outlook for the central bank’s policy normalisation path. In a sign of how nervous markets are, the Ministry of Finance’s first sale of super-long …
Buyers flee Japanese bonds as political, fiscal risks rise Read More »
By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans. It was not immediately clear whether Trump was referring specifically to …
By Arsheeya Bajwa (Reuters) -Texas Instruments’ quarterly profit forecast failed to impress investors as it pointed to weaker-than-expected demand for its analog chips from some customers and underscored tariff-related uncertainty. Shares in the company slumped 12% in early European trading on Wednesday, tracking losses in extended trading on Wall Street on Tuesday. The shares have risen …
Texas Instruments slumps as tariff uncertainty hits demand Read More »
By Karen Lema MANILA (Reuters) -Higher U.S. tariffs and trade uncertainty have worsened the economic outlook for developing Asia and the Pacific, the Asian Development Bank said in a report on Wednesday as it lowered its growth forecasts for the region for this year and next. Domestic demand is expected to weaken as factors including …
U.S. tariffs, trade tensions to slow growth in developing Asia and Pacific, ADB says Read More »
By David Shepardson WASHINGTON (Reuters) -A group representing General Motors Ford and Chrysler-parent Stellantis on Tuesday raised concerns about a trade deal that could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%. Matt Blunt, who heads the American Automotive Policy Council that represents …
Detroit Three automakers raise concerns about Japan trade deal Read More »
By Byron Kaye SYDNEY (Reuters) -National Australia Bank’s chief executive said on Wednesday that he just had to “get through” media coverage of investor complaints about his management style and drinking at customer events. The Australian Financial Review reported on July 15 that at an investor lunch last month, some major investors in the bank …
By Sarah Morland MEXICO CITY (Reuters) -Mexican telecoms giant America Movil reported on Tuesday a swing to profit in the second quarter of 2025, surpassing analysts’ forecasts and fueled by foreign exchange gains from currencies across Latin America. Analysts are scrutinizing the firm’s earnings results for clues to the landscape of toughening competition in Mexico, …
Telecoms giant America Movil swings to profit on foreign exchange gains Read More »
(Reuters) -The U.S. Financial Industry Regulatory Authority (FINRA) is investigating Morgan Stanley over how the firm screened clients for money-laundering risks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The probe examines client vetting, risk rankings and related practices across the Wall Street bank’s wealth-management and trading operations from October …
Morgan Stanley’s client-screening faces deeper FINRA probe, WSJ reports Read More »
By James Pearson LONDON (Reuters) -A security patch Microsoft released this month failed to fully fix a critical flaw in the U.S. tech giant’s SharePoint server software, opening the door to a sweeping global cyber espionage effort, a timeline reviewed by Reuters shows. On Tuesday, a Microsoft spokesperson confirmed that its initial solution to the …
(Reuters) -President Donald Trump said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods. The agreement – including a 15% …
