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TSMC operates the world's largest silicon wafer factories and produces some of the most advanced microchips

Taiwan's TSMC Reports Record First-quarter Revenue

Taiwan's TSMC reports record first-quarter revenue

Volkswagen Warns Of Cloudy Outlook As Commodity Hedges Boost Profit

Volkswagen on Thursday warned that it had started to feel the impact of the war in Ukraine on supply chains and raw materials prices in the first quarter, with the longer-term effects on its business difficult to predict.

Toyota Aims To Jumpstart 67-year-old Crown With SUV Model, Sources Say

Toyota Motor Corp plans to launch a sport utility vehicle (SUV) version of its Crown sedan next year, three people said, overhauling a model that has been a showpiece in the Japanese market for nearly seven decades.

Toyota Aims To Rev Up 67-year-old Crown With SUV Model, Sources Say

Toyota Motor Corp plans to launch a sport utility vehicle version of its Crown sedan for Japan, China and North America, three people said, revamping a car that has been a showpiece of Japan's market for nearly seven decades.

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Hermes Q1 Sales Rise 27% At Constant Exchange Rates

Sales at Birkin bag maker Hermes beat estimates in the first quarter, lifted by strong appetite for its luxury accessories, particularly in the United States and Europe, as the sector powers through turbulence from the war in Ukraine and COVID lockdowns in China.

People wearing face masks walk past a store of Fast Retailing's fashion chain Uniqlo in Beijing, China May 22, 2020.

Uniqlo Owner Sees Big Profit Drop In China, Sounds Alarm On Yen

The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm about the weakening yen's potential to drive up costs.

New North Korean sabre-rattling, coupled with the Russian invasion of Ukraine, appears to have shifted the public mood in South Korea

North Korea's Tests Stir Nuclear Debate In South

North Korea's tests stir nuclear debate in South

Tencent To Block Chinese Gamers' Access To Foreign, Unapproved Games

Tencent Holdings Ltd said it will shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games, in a sign of tightening compliance as Chinese regulators more closely scrutinize the industry.

Ericsson Warns Likely To Be Fined Over Iraq Scandal, Reports Profit Slump

Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S.

A picture illustration shows U.S. Dollar and Russian Ruble banknotes in Sarajevo, March 9, 2015.

Exclusive: Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting

Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies' depositary receipts from foreign exchanges, according to two people familiar with the matter.

Governments around the world are worried about the impact of skyrocketing inflation on consumers

Euro Hits Two-year Low As ECB Holds Fire

Euro hits two-year low as ECB holds fire

ECB policymakers have a fine line to walk in responding to high inflation and disruptions from the war in Ukraine and sanctions on Russia

ECB Sticks To The Plan As Inflation, Ukraine Shake Eurozone

ECB sticks to the plan as inflation, Ukraine shake eurozone

The Greek Orthodox Patriarch of Jerusalem Theophilos III (C) arrives for a meeting with other religious leaders at the Petra Hotel at the Jaffa Gate area in Jerusalem's old city

Jerusalem's Christian Churches Resist Israeli Settlers

Jerusalem's Christian churches resist Israeli settlers

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index and various countries' stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022.

U.S. Stocks Dip, Bond Yields Climb On Tightening Concerns

Wall Street stocks finished lower while bond yields and the dollar rose on Thursday as investors worried about the potential for aggressive U.S.

U.S. Stocks Dip, Bond Yields Climb On Policy Concerns

Wall Street stocks fell, while bond yields and the dollar rose on Thursday as investors worried that aggressive U.S.

A woman shops at a supermarket in Singapore April 24, 2017.

Singapore Tightens Monetary Policy To Fight Inflation, Growth Slows In Q1

Singapore's central bank tightened its monetary policy on Thursday, saying the widely forecast move will slow inflation momentum as the city state ramps up its battle against soaring prices made worse by the Ukraine war and global supply snags.

An illustration picture shows euro and US dollar banknotes and coins, April 8, 2017.

Euro Little Changed As Traders Await ECB Meeting

The euro edged up on Thursday ahead of the European Central Bank meeting expected to outline a clearer schedule for unwinding stimulus, opening up the possibility of a first rate hike later this year.

Dollar Soft After As U.S. Yields Pause

The dollar was on the back foot on Thursday after tumbling overnight, particularly against sterling and the euro, as U.S. yields paused their march higher, offering some relief to the bruised and battered yen.

Euro Turns Negative As ECB Confirms Plans To End Bonds Buys

The euro fell on Thursday after the European Central Bank kept its policy stance broadly unchanged, sticking to plans to slowly unwind stimulus.

The Moskva, the Russian navy's Black Sea flagship, has been "seriously damaged" by an ammunition explosion, state media said

Russian Warship 'Seriously Damaged' In Ammunition Explosion: State Media

Russian warship 'seriously damaged' in ammunition explosion: state media

In the teeming metropolis of Karachi, Pakistan's biggest city, graveyards are filling up and the dead are running out of space to rest

Grave Injustice: Not Even The Dead Rest Easy In Pakistan Megacity

Grave injustice: Not even the dead rest easy in Pakistan megacity

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021.

Oil Rises On News EU May Phase In A Ban On Russian Oil Imports

By Arathy SomasekharHOUSTON -Oil prices settled higher on Thursday after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in a ban on Russian oil imports.

Three-quarters Of Japan Firms Bemoan Current Yen Weakness As Bad For Business

More than three-quarters of Japanese firms say the yen has declined to the point of being detrimental to their business, a Reuters poll found, with almost half of companies expecting a hit to earnings.

Fearing High Inflation, ECB To Stay On Course To Unwind Stimulus

The European Central Bank may outline on Thursday a clearer schedule for unwinding its extraordinary stimulus, as worries over record-high inflation trump concerns about a war-related recession.

Brazil's Economy Minister Paulo Guedes speaks during a Brazil's Banco do Brasil credit launching ceremony for truck drivers in Brasilia, Brazil, April 7, 2022.

Brazil Government Plans 5% Salary Bump For Public Servants From July -sources

The Brazilian government plans an across-the-board 5% salary increase for public servants starting in July in an attempt to end protests and strikes affecting public services, three Economy Ministry sources said on Wednesday.

Medvedchuk was regularly photographed with Putin at lavish events

Detained Tycoon Viktor Medvedchuk: Putin's Man In Ukraine

Detained tycoon Viktor Medvedchuk: Putin's man in Ukraine

People walk past an Amazon Books retail store in New York City, U.S., February 14, 2019.

UBS Predicts 50,000 Stores Closures In The U.S. By 2026 Despite Retail Surviving Pandemic

UBS revised its previous estimates down to 50,000 store closures by 2026.

Delta Air Lines reported its first quarterly profit since the coronavirus pandemic, a sign of improving travel demand

Delta Will No Longer Charge Unvaccinated Employees A $200 Health Insurance Surcharge

Delta Air Lines will no longer require its unvaccinated employees to pay a $200 monthly fee for health insurance starting in May.

Berkshire Hathaway shareholders walk by a video screen at the company's annual meeting in Omaha May 4, 2013.

Alleghany Shareholder Sues To Block $11.6 Billion Berkshire Buyout Over Lack Of Disclosures

Alleghany Corp, which agreed last month to be acquired by Warren Buffett's Berkshire Hathaway Inc, was sued on Wednesday by a shareholder who accused the insurance company of making inadequate and misleading disclosures about the $11.6 billion takeover.

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