U.S. metal tariffs could hurt output in western Japan: BOJ official
U.S. metal import tariffs could have a big negative impact on auto and other final goods production in the Kansai western Japan region, a senior Bank of Japan official said on Monday.
Xiaomi’s weak debut portends trouble for imminent Hong Kong tech listings
Xiaomi Corp’s shares fell as much as 6 percent in their Hong Kong debut on concerns over the Chinese smartphone maker’s valuation, in an ominous sign for its technology sector peers who have lined up listings in the city.
Asia rallies on U.S. jobs relief, pound pinched by politics
Asian shares rallied on Monday as favorable U.S. jobs data whetted risk appetites, while sterling wobbled after the shock resignation of two UK ministers over Brexit threatened the survival of Prime Minister Theresa May.
The Foxconns of fast beauty propel South Korean cosmetics’ success in China
At a factory two hours south of Seoul, women clad in plastic caps and masks put peach-colored eye-shadow into cases, right next to a machine churning out a skin-color face powder.
Nissan to hold briefing on exhaust gas measurement procedures
Nissan Motor Co on Monday said it would hold a briefing at 0800 GMT regarding procedures to measure vehicle exhaust gas at its domestic plants.
Citigroup, with limited options, hopes to lure deposits digitally
Citigroup Inc is facing a unique dilemma among the four largest U.S. banks: it is light on deposits from individuals, an important funding source that costs little and tends to stick around.
Sea of red in Treasury market may signal bond boom is over
The 10-year U.S. Treasury note that debuted in August 2016 <9128282A7=RRPS> when the bond market was near its peak has had a rough ride, its price falling ever since and no reprieve in sight.
Starbucks’ Schultz urges investor support despite China concerns
Starbucks Corp’s outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market.
Smartphone maker Xiaomi’s weak Hong Kong debut casts shadow on tech listings
Chinese smartphone maker Xiaomi Corp’s shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector where peers have lined up listings in the city.
Asia shares rally on U.S. jobs relief, sterling slugged by politics
Asian share markets rallied on Monday as favorable U.S. jobs data whetted risk appetites, while sterling slipped after two members of the British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt.
