Israel, Turkey discuss joint gas pipeline as ties resume after six-year rupture
ISTANBUL (Reuters) – Israel and Turkey have discussed the possibility of building a natural gas pipeline between the two countries, Israel’s energy minister said on Thursday, in the first Israeli ministerial visit to Turkey since ties were ruptured six…
Weak China data, stronger dollar send global stocks skidding
LONDON (Reuters) – World stocks stumbled to three-week lows on Thursday and developed market bond yields dipped, after Chinese data showed a sharp decline in exports, reviving concerns about the health of the world’s second-biggest economy.
Disappointing China trade data spurs fears recovery may be faltering
BEIJING (Reuters) – China’s September exports fell 10 percent from a year earlier, far worse than expected, while imports unexpectedly shrank after picking up in August, suggesting signs of steadying in the world’s second-largest economy may be short-…
French finance minister eyes U.S. bank exodus from London
PARIS (Reuters) – It is inevitable that big U.S. banks will move activities from London in the coming years following Britain’s decision to leave the European Union, French Finance Minister Michel Sapin said on Thursday.
Foreign investors sue Toshiba over accounting scandal
TOKYO (Reuters) – A group of investors, mostly foreign institutions, are suing Toshiba Corp in a Tokyo court for 16.7 billion yen ($162.3 million) in damages, over a $1.3 billion accounting scandal uncovered last year.
Harley-Davidson eyes Asian riders to rev up growth
SINGAPORE (Reuters) – U.S. motorcycle maker Harley-Davidson Inc plans to boost its focus on Asia to accelerate growth by entering new countries and expanding its dealerships, its chief executive said, as it seeks to become less dependent on its home m…
South Korea’s Hanjin Shipping to sell major businesses
SEOUL (Reuters) – South Korea’s Hanjin Shipping Co Ltd is selling major businesses, including its Asia-U.S. route network, and will receive letters of intent by October 28, the company said on Thursday.
Lockheed says it wants Japan to do more work on the F-35
TOKYO (Reuters) – Lockheed Martin Corp wants Japan to do more work on the F-35 program after earlier attempts to tempt Japanese companies such as Mitsubishi Heavy Industries with component supply contracts failed, a senior Lockheed executive said.
China overtakes U.S. again as world’s top crude importer
BEIJING/SINGAPORE (Reuters) – China imported record volumes of crude oil last month, eclipsing the United States as the world’s top buyer of foreign oil as Beijing’s state reserves shipped in cheap crude to fill new storage tanks.
Wanda’s Wang defends top spot in China rich list
SHANGHAI (Reuters) – Chinese property magnate Wang Jianlin has defended his crown as the country’s richest man, according to the annual Hurun rich list, fending off Alibaba Group Holding Ltd founder Jack Ma and new players on the block like Baoneng’s …
