Finance
US Urged to Turn ‘Rhetoric Into Reality’ on Pacific Fuel Supply
The US should back up its Pacific rhetoric with action by deploying fuel tankers to the region, a senior New Zealand min
Finance
Novo-Backed Drugmaker Avalyn Raises $300 Million in Upsized IPO
Avalyn Pharma Inc., a biopharma company developing inhaled treatments for rare lung diseases, raised $300 million in a U
Finance
China’s Factory Activity Expands Despite Pressures From War
China’s factory activity expanded in April even as disruptions to supply chains and rising input costs caused by the Ira
Finance
Australia’s Top Migrant Group Hails From India, Trumping England
Indians are now Australia’s largest migrant group, supplanting the English for the first time ever, in a change that hig
Finance
Oil Price Surge Threatens to Deepen Selloff of EM Asia’s Bonds
Higher-for-longer oil prices threaten a faster rise in emerging Asian bond yields, if history is any guide — a risk mark
Finance
Hong Kong’s Local Debt Market Becomes Surprise Funding Hotspot
Hong Kong’s once-quiet local currency bond market is quickly becoming one of Asia’s hottest funding venues, as corporate
Finance
Microsoft calls for $190 billion in 2026 capital spending on soaring memory prices
Microsoft's forecast on revenue and operating margin was light, but the company sees $190 billion in 2026 capital spendi
Finance
Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
Samsung Electronics reported an over eight-fold increase in first-quarter operating profits, hitting a new record and be
Finance
China factory activity tops expectations in April — but growth slows as new orders soften
The official purchasing managers' index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economis
Finance
Japan’s Factory Output Falls as Iran War Clouds Demand Outlook
Japan’s factory output fell as the war in Iran clouded prospects for global demand while also threatening manufacturers’
Finance
Top US Apartment Owners AvalonBay, EQR to Discuss Combining
AvalonBay Communities Inc. and Equity Residential are considering a potential combination that could reshape the US apar
Finance
Saudi Arabia's PIF to end funding of LIV Golf league after this season
A committee of independent directors will evaluate strategic alternatives for LIV Golf after PIF pulls its funding, peop