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RBI plans curbs on suspect bank accounts to fight cyber fraud: Report

The suspensions would target accounts frequently misused to transfer funds gained from cyber crime, both government sources said

Toyota hits record annual output, sales on account of robust demand

The world's largest automaker by volume, however, saw its sales and production fall in March amid fierce competition in China, the world's largest auto market

Hyundai Motor's Q1 profit drops 2.4%, hurt by weak domestic sales

The world's No.3 automaker by sales along with affiliate Kia Corp sold 1.5 fewer vehicles, delivering 1.007 million units in the first quarter

Q1 results: BNP Paribas beat estimates as lower costs offset trading slump

BNPP said in a presentation that it was more exposed to the Europe, Middle-East and Africa (EMEA) region, where it made 60 per cent of its FICC sales in 2023

Nestle misses sales estimates after hiking prices across board in Q1

The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales growth of about 4 per cent

AstraZeneca trounces Q1 estimates as resilient demand fuels growth

AstraZeneca stuck by its forecast of total revenue and core earnings per share increasing by percentages in the low double-digits to low-teens in 2024

To cut costs, Indian tech companies expanding into smaller cities

The change also comes as state governments offer stamp duty concessions, land benefits, subsidised power and other incentives to bring jobs to smaller cities

Pernod Ricard banks on dynamic Q4 as US and China drag on sales in Q3

But the world's No.2 western-style spirits maker on Thursday pointed to a "soft" Lunar New Year in China, when huge celebrations normally boost spirits sales

Barclays Q1 profit falls 12% as mortgage competition, deals drought hit

Total income in its investment bank fell 7 per cent, shy of expectations, as a strong performance in equities was more than offset by lower fixed income trading performance and weaker merger advisory

China's Sinopec charts global expansion with refinery in India's backyard

India is also deepening its involvement in Sri Lanka's power sector with solar projects and grid connectivity

US Supreme Court weighs Donald Trump's bid for immunity from prosecution

If Trump regains the presidency, he could seek to force an end to the prosecution or potentially pardon himself for any federal crimes

China should have confidence to talk to us, says Taiwan's president-elect

Lai, who won election in January and takes office on May 20, is particularly disliked by Beijing, which views him as a dangerous separatist

Morgan Stanley Asia private equity unit to reorganise as CEO retires

The firm has appointed Jun Xu, who is currently head of its yuan-denominated investment funds, to lead all private equity investing in China, the memo said

SK Hynix expects full chip recovery after strong earnings on AI boom

"The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said

Indian govt bond yields seen steady as traders eye fresh triggers

Bond yields declined in the first two days of the week, before giving up some of the fall on Wednesday, as oil prices and US yields continued to be around levels where a further upside is possible

Xiaomi locks in over 75K orders for SU7, targets 10K deliveries in June

The delivery target sets a record for an electric vehicle (EV) startup, Lei said during an event on the first media day of the Beijing auto show

Microsoft-backed Rubrik prices US IPO above range at $32 per share

Rubrik upsized its IPO to raise $752 million after selling 23.5 million shares, the company said in a statement. This confirmed an earlier Reuters report about the offering details

US DOJ plans to decide by late May if Boeing violated prosecution deal

Federal prosecutors had agreed to ask a judge to dismiss a criminal charge against Boeing so long as it complied with the deal's terms over a three-year period

Coalition vessel engaged ballistic missile launched from Yemen: US Army

Yemen's Houthis have been attacking ships in the Red Sea region since November in what they say is a campaign of solidarity with Palestinians fighting Israel in Gaza

VinFast chief plans to invest $1 bn more from his fortune in EV maker

Pham Nhat Vuong also said Vingroup was considering listing its hospitality unit Vinpearl this year