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Markets

Hong Kong Airlines to cut 400 jobs, ask employees to take unpaid leave: SCMP

Hong Kong Airlines will slash 400 jobs as the coronavirus outbreak adds to financial troubles for the carrier, the South China Morning Post reported on Friday, citing two sources familiar with the plan.

Markets

Suzuki posts 11% fall in third-quarter profit, hit by slowing India demand

Suzuki Motor Corp reported on Friday an 11per cent fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan and Thailand slipped, while demand in India, its biggest market, stayed weak.

Markets

ECB’s house price headache too big to solve

What if vital inflation data used to justify trillions of euros worth of central bank stimulus to support Europe's economy is flawed?

Markets

Suzuki posts 11per cent fall in third-quarter profit, hit by slowing India demand

Suzuki Motor Corp reported on Friday an 11per cent fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan and Thailand slipped, while demand in India, its biggest market, stayed weak.

Markets

Honda raises full-year group operating profit forecast on weaker yen

TOKYO: Honda Motor Co raised its forecast for full-year operating profit by 6per cent as a weaker yen increased the value of overseas sales. The Japanese automaker raised its operating income forecast to 730 billion yen (US$6.6 billion) for the year to March 31 from a previous estimate for...

Markets

Credit Suisse CEO Tidjane Thiam quits after spying scandal

Credit Suisse said on Friday it had accepted Chief Executive Tidjane Thiam's resignation following a spying scandal. The Zurich-based bank said he would be replaced by Thomas Gottstein, the head of the bank's Swiss business.

Markets

Tesla’s surge inspires fans to buy, skeptics to dig in, drives fear of missing out

Pretty much everyone on Wall Street has an opinion about Tesla.

Markets

From black swan to bubble: as virus concerns fade, investors worry about a melt-up

When worries over the coronavirus shook U.S. stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan” event that would trigger a sharp decline. Less than a week later, talk has turned instead to a market melt-up.

Markets

Foxconn, Chinese firms refit production lines to make masks amid virus outbreak

A number of Chinese manufacturers including a subsidiary of Apple Inc partner Foxconn have refitted production lines to make masks and medical clothing, as a deadly coronavirus spreads across China.

Markets

Fish talks: US official says successful talks crucial for WTO

The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and viewed those talks as a test of whether the global body can still achieve multilateral deals.

Markets

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