Business

Ping An investment arm questions US allocation

Monday, March 23 by SRN News

HONG KONG, March 23 (Reuters) - Insurer Ping An's international arm is questioning further U.S. investments, its CEO said, citing the country's unreliability. "The key question for me to consider is ... how much and whether you continue to deploy capital into the U.S.... Read More.

One battle after another: Iran war deals new blow to Europe’s industrial heartland

Monday, March 23 by SRN News

By Christoph Steitz and Dominique Patton KLEINKARLBACH, Germany, March 23 (Reuters) - In a spartan office adorned with plastic pots and detergent packaging at German chemical company Gechem, owner Martina Nighswonger feels she's running out of options. After years battling the fallout from the global pandemic,... Read More.

Toyota tender offer for Toyota Industries closes, results due Tuesday

Monday, March 23 by SRN News

TOKYO, March 23 (Reuters) - Toyota's tender offer to take supplier Toyota Industries private at a price of 20,600 yen per share was set to close on Monday, with the results expected at or after 3:30 p.m. (0630 GMT) on Tuesday. Earlier this month, Toyota... Read More.

Morning Bid: Of course Trump would have a COUNTDOWN

Monday, March 23 by SRN News

A look at the day ahead in European and global markets from Wayne Cole. So, now we have a Middle East war, an Iran with long-range ballistic missiles, and a clock ticking down to a scary deadline - how very reality TV. No doubt some... Read More.

India Coca‑Cola bottler SLMG says Middle East war risks pushing up prices

Monday, March 23 by SRN News

By Praveen Paramasivam March 23 (Reuters) - SLMG Beverages, Coca‑Cola's largest bottler in India, could raise some of its prices if rising packaging costs linked to the war in the Middle East are difficult to absorb, a senior executive at the firm said. The war is... Read More.

Some U.S. car buyers envy what they cannot have – affordable Chinese EVs

Monday, March 23 by SRN News

DETROIT, March 23 (Reuters) - Sooren Moosavy wants to buy an affordable electric car in the U.S., motivated by environmental concerns and a preference for the EV's smoother ride. But the 28-year-old Baltimore resident's search has brought him to a trio of vehicles that... Read More.

Stocks skid to four-month low as oil shock spooks investors

Monday, March 23 by SRN News

March 23 (Reuters) - Investors are shifting out of bonds and other assets exposed to inflation as global markets brace for prolonged disruption to energy supplies while war rages in the Middle East. Wall Street indexes fell sharply on Friday and in Asia on Monday,... Read More.

Exclusive-Japan considers cutting inflation-linked bond buybacks as demand rises, sources say

Monday, March 23 by SRN News

TOKYO, March 23 (Reuters) - Japan is considering a reduction in buybacks of inflation-linked government bonds as investor demand swells amid rising inflation expectations, two sources familiar with the matter said on Monday. In late January, market-based inflation expectations, measured by the break-even inflation... Read More.

Asia shares slip, oil choppy as Gulf war escalates

Monday, March 23 by SRN News

By Wayne Cole SYDNEY, March 23 (Reuters) - Share markets slid in Asia on Monday and the dollar firmed as the United States and Iran traded escalating threats and Israel planned for "weeks" more fighting, sending oil prices on another roller-coaster ride. Iran said on Sunday... Read More.

Activist Elliott takes multibillion-dollar stake in Synopsys, WSJ reports

Monday, March 23 by SRN News

March 22 (Reuters) - Activist investor Elliott Investment Management has a multibillion-dollar investment in Synopsys, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Elliott plans to engage with Synopsys to push the business to make more money from its software... Read More.

Current Weather

Ping An investment arm questions US allocation

One battle after another: Iran war deals new blow to Europe’s industrial heartland

Toyota tender offer for Toyota Industries closes, results due Tuesday

Morning Bid: Of course Trump would have a COUNTDOWN

India Coca‑Cola bottler SLMG says Middle East war risks pushing up prices

Some U.S. car buyers envy what they cannot have – affordable Chinese EVs

Stocks skid to four-month low as oil shock spooks investors

Exclusive-Japan considers cutting inflation-linked bond buybacks as demand rises, sources say

Asia shares slip, oil choppy as Gulf war escalates

Activist Elliott takes multibillion-dollar stake in Synopsys, WSJ reports

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