Business

Four partners leave EY after potential breaches of Shell audit, FT reports

Thursday, February 12 by SRN News

Feb 12 (Reuters) - Four partners have left EY following potential breaches in its audit of Shell that resulted in the oil major dropping the accounting firm as its auditor, the Financial Times reported on Thursday. The partners left one of the world's "Big Four"... Read More.

Morning Bid: Jobs in rearview, earnings next

Thursday, February 12 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee A slate of European earnings takes centre stage for investors on Thursday after a surprisingly strong U.S. jobs report firmed expectations the Federal Reserve will likely hold rates steady at least... Read More.

Siemens raises full-year profit outlook after beating Q1 forecasts

Thursday, February 12 by SRN News

ZURICH, Feb 12 (Reuters) - Siemens raised its full-year profit outlook on Thursday as the engineering group reported better-than-expected results during the first quarter of its 2026 fiscal year. The trains-to-factory-software maker said its industrial profit rose 15% to 2.90 billion euros ($3.44 billion) in... Read More.

‘Buy Japan’ talk boosts yen towards best week in a year

Thursday, February 12 by SRN News

By Tom Westbrook SINGAPORE, Feb 12 (Reuters) - A resurgent yen rode towards its biggest weekly gain in more than a year on Thursday, throwing the dollar under pressure and suggesting a shift in mood may be afoot in the currency market. ... Read More.

Oil prices rise on concerns about US-Iran tensions

Thursday, February 12 by SRN News

By Sam Li and Lewis Jackson BEIJING, Feb 12 (Reuters) - Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, on fears that any attacks on Tehran or shipping could lead to supply disruptions. Brent crude oil... Read More.

Analysis-Markets sense opportunity as erratic US spurs ‘middle powers’ into action

Thursday, February 12 by SRN News

LONDON, Feb 12 (Reuters) - The global order once championed by Washington across economics, trade and security is being upended by U.S. President Donald Trump, galvanising allies to action. Financial markets are taking note. For investors, signs of more pro-active policies and trade deals... Read More.

Australia central bank says labour market has stabilised, consistent with inflation pressures

Thursday, February 12 by SRN News

SYDNEY, Feb 12 (Reuters) - Australia's labour market has stabilised from a slowdown and remains tight, consistent with stubborn inflationary pressures in the economy, a senior central bank official said on Thursday. Sarah Hunter, assistant governor at the Reserve Bank of Australia, said the central... Read More.

In blunt warning, the US says Peru could lose its sovereignty to China

Thursday, February 12 by SRN News

LIMA, Peru (AP) - The Trump administration on Wednesday expressed concern that China was costing Peru its sovereignty in solidifying control over the South American nation's critical infrastructure, a blunt warning after a Peruvian court ruling restricted a local regulator's oversight of a Chinese-built... Read More.

China, Mexico held talks amid trade tensions over tariffs

Thursday, February 12 by SRN News

By Colleen Howe BEIJING, Feb 12 (Reuters) - China's chief trade negotiator Li Chenggang met Mexico's Deputy Economy Minister Vidal Llerenas in Beijing on Monday, in the first face-to-face talks since Mexico imposed higher tariffs on Chinese imports, drawing warnings from Beijing. The two countries conducted... Read More.

Asia shares mostly gained after Wall Street wobbled over strong jobs report

Thursday, February 12 by SRN News

HONG KONG (AP) - Asia shares were mostly higher Thursday and benchmarks in Japan and South Korea reached new records after Wall Street wobbled following a better-than-expected U.S. job report. U.S. futures edged higher. Tokyo's Nikkei 225 surpassed the 58,000 mark early in the session as... Read More.

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Current Weather

Four partners leave EY after potential breaches of Shell audit, FT reports

Morning Bid: Jobs in rearview, earnings next

Siemens raises full-year profit outlook after beating Q1 forecasts

‘Buy Japan’ talk boosts yen towards best week in a year

Oil prices rise on concerns about US-Iran tensions

Analysis-Markets sense opportunity as erratic US spurs ‘middle powers’ into action

Australia central bank says labour market has stabilised, consistent with inflation pressures

In blunt warning, the US says Peru could lose its sovereignty to China

China, Mexico held talks amid trade tensions over tariffs

Asia shares mostly gained after Wall Street wobbled over strong jobs report

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