Page 346 - Reuters%20/t%20_blank%20

Honda posts 23% Q1 profit jump, aided by sales of hybrid vehicle

The company maintained its full-year operating profit forecast of 1.42 trillion yen, while slashing its sales outlook for China by 220,000 vehicles for that period

Tech investor SoftBank buys back $3.4 billion shares to bolster stock price

SoftBank said that over the next year it would buy back up to 6.8% of its own shares, worth as much as 500 billion yen

Samsung's 8-layer HBM3E chips clear Nvidia's tests for use in AI processors

The South Korean technology giant's 12-layer version of HBM3E chips, however, has yet to pass Nvidia's tests, the sources said, declining to be identified as the matter remains confidential

July inflation dipped below RBI's target, high base effect at play: Poll

The Aug. 2-7 poll of 36 economists forecast the consumer price index rose at an annual rate of 3.65 per cent last month, down sharply from 5.08 per cent in June

Sony posts 10% profit rise on image sensor boost in April-June quarter

A sprawling group encompassing music, movies, games and chips, Sony hiked its full-year profit forecast by 3% aided by foreign exchange rates

Novo Nordisk pares 2024 profit outlook amid competition from Eli Lilly

The Danish company lowered its forecast for operating profit growth this year to between 20% and 28% in local currencies, compared to its previous forecast of 22% to 30%

FPI buying in Indian IT rises to highest since 2022 in July, shows data

Prior to this, the IT sector was divided into software, services and hardware technology

Singapore bank DBS flags heightened uncertainty, Q2 profit beats forecasts

DBS' results rounded up a strong second-quarter earnings season for Singapore banks, as more inflows and trading by wealthy clients ahead of anticipated rate cuts boost their wealth businesses

Ukraine keeps up air attacks on Kursk, 4 drones destroyed, says Russia

The region was under a dozen air raid alerts over the past 24 hours, Smirnov's posts showed. By Wednesday morning, there were no reports of fresh ground fighting

China's export growth slows to 3-month low in July, but imports up solidly

Outbound shipments climbed 7.0 per cent in July from the year earlier, a slower pace of growth than June's 8.6 per cent rise and missing forecasts of a 9.7 per cent increase

RBI asks top banks to refrain from large trading bets against rupee

The Indian rupee turned into the worst-performing Asian currency over the last month, pressured by the unwinding of trades that used the Chinese yuan to fund long bets on the local currency

Mexico invites Putin to Oct 1 presidential inauguration of Sheinbaum

The International Criminal Court (ICC) issued an arrest warrant against Putin in 2023, accusing him of the war crime of illegally deporting hundreds of children from Ukraine

Yen slides after BOJ official says no rate hikes if markets are volatile

The yen touched a seven-month high of 141.675 per dollar on Monday, well above the 38-year lows of 161.96 it was languishing in just at the start of July

Boeing to make design changes to prevent more 737 MAX 9 door panel blowouts

The National Transportation Safety Board and Boeing said officials still have not determined who removed and reinstalled that plane's door plug during production

Asia stocks find some footing amid US recession concerns, Nikkei drops

The GPIF is a massive fund with considerable market power and its investment decisions are highly influential

UK should double public investment to boost long-run growth: Think tank

NIESR forecasts Britain's economy will only grow by 1.1 per cent this year and does not expect annual growth to exceed 1.3 per cent in between now and 2029

RBI's firm grip keeps rupee outlook unchanged, limits fall to 0.25%: Poll

That trend was unlikely to change anytime soon as analysts in an Aug. 1-6 poll have barely changed their forecasts from a poll in July

Bangladesh army refused to suppress protest, sealing ex-PM Hasina's fate

The message was clear, the official said: Hasina no longer had the army's support

Hamas names Oct 7 mastermind Sinwar as chief after Haniyeh's assassination

Sinwar, the architect of the most devastating attack on Israel in decades, has been in hiding in Gaza, defying Israeli attempts to kill him since the start of the war

Cummins India Q1 results: PAT up 31% at Rs 463 cr on high generator demand

Higher sales in its engines segment, which includes power generator sets, boosted overall sales by 5 per cent to Rs 2,916 cr