Asia

Raiffeisen Pulls Guidance After ECB Orders Cuts to Russia Unit

Raiffeisen Bank International AG suspended its full-year targets while maintaining the guidance for its core countries, after the European Central Bank ordered a faster...

Solomon Islands lawmakers choose Jeremiah Manele as new prime minister

Solomon Islands lawmakers selected a new prime minister in a secret ballot on Thursday, choosing foreign minister Jeremiah Manele, who has pledged to continue...

Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink

Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes despite inflationary pressures. The...

For Japan Inc, the weak yen may be too much of a good thing

Corporate Japan is starting to wonder if the weak yen has become too much of a good thing. Read more...

US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's...

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