Nissan reports surging profit amid strong sales, easing chip crunch
Japanese automaker Nissan is reporting a seven-fold surge in January-March profit and forecasting strong sales for this fiscal year riding on the popularity of its new model offerings
2023-05-11 17:24
China names head of powerful new financial regulator as industry faces greater scrutiny
China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining in the $60 trillion industry.
2023-05-11 16:54
Nissan Profit Outlook Tops Projections as Cost Cuts Bear Fruit
Nissan Motor Co. forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese
2023-05-11 16:52
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
2023-05-11 16:45
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:25
SoftBank Group logs $7.2 billion full-year loss on tech woes
SoftBank Group reported an annual net loss of over $7.2 billion on Thursday after a bruising year for the tech startup sector in...
2023-05-11 16:15
US debt 'brinkmanship' risks serious costs: Yellen
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday...
2023-05-11 15:26
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:21
SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:15
Yellen warns US default would threaten global economy, undermine US leadership
By Andrea Shalal NIIGATA, Japan U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4
2023-05-11 13:59
Marketmind: US debt drama crashes Japan's G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is
2023-05-11 12:50