Business

China's October factory activity expansion slows, private PMI shows

BEIJING (Reuters) -China's factory activity in October expanded at a slower pace as new orders and output both waned amid…

26 minutes ago

Australian lender Westpac's annual profit falls 2%

(Reuters) -Australia's Westpac Banking Corp reported a 2% fall in annual profit on Monday, hurt by higher costs due to one-off restructuring…

5 hours ago

RBNZ stress test finds top banks strong against geopolitical risks

By Lucy Craymer (Reuters) -A bank solvency stress test conducted by the Reserve Bank of New Zealand found the country's…

5 hours ago

RBNZ stress test finds top banks strong against geopolitical risks

By Lucy Craymer (Reuters) -A bank solvency stress test conducted by the Reserve Bank of New Zealand found the country's…

5 hours ago

Bessent says high US interest rates may have caused housing recession

By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high interest…

6 hours ago

Westpac profit dips but beats forecasts as bad debts remain low

(Reuters) -Australia's Westpac Banking Corp on Monday reported a decline in annual profit but topped analyst forecasts, as resilient credit…

6 hours ago

Westpac profit dips as costs bite but beats estimates as credit quality improves

(Reuters) -Australia's Westpac reported a 2% fall in annual profit on Monday but beat analyst estimates, as better-than-expected credit quality…

7 hours ago

Pilots union gives Lufthansa time to resolve pensions dispute, averting possible strike

FRANKFURT (Reuters) -Germany's pilots union VC is giving Lufthansa more time to resolve a pensions dispute, averting a possible strike…

20 hours ago

Pilots union gives Lufthansa time to resolve pensions dispute, averting possible strike

FRANKFURT (Reuters) -Germany's pilots union VC is giving Lufthansa more time to resolve a pensions dispute, averting a possible strike…

21 hours ago

Factbox-What did Trump, Xi agree to on tariffs, export controls and fentanyl

By David Lawder and Andrea Shalal (Reuters) -The White House on Saturday released details about the agreement that U.S. President…

21 hours ago