Featured Reuters
Fragile yen could make BOJ's Ueda tilt more towards hawkish stance
Singapore's Keppel profit rises on strong infra, connectivity performance
(Reuters) -Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.
Tequila maker Becle's profit shrinks on slowing liquor consumption
MEXICO CITY (Reuters) -Mexico's Becle, the world's largest tequila producer, on Wednesday posted a 18% fall in first-quarter net profit from a year earlier, still landing above analyst forecasts, as it sold fewer alcoholic drinks and was hit by ...
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic consumption and robust exports, but the market questioned if ...
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of advanced DRAM chips with high bandwidth memory (HBM) ...
LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol
By Dietrich Knauth NEW YORK (Reuters) - LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft ...
Cisco says hackers subverted its security devices to spy on governments
By Raphael Satter WASHINGTON (Reuters) - Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to government networks globally. In a blog post published on Wednesday, the company said its ...
Teradyne sees strong Q2 results on steady chip-testing equipment demand
(Reuters) - Semiconductor-testing equipment maker Teradyne forecast second-quarter profit and revenue above Wall Street estimates on Wednesday, helped by strong demand for its chip-testing equipment. Shares of the company rose nearly 8% in ...
Raymond James Q2 profit rises on strong capital markets performance
(Reuters) - Raymond James on Wednesday posted a 11% rise in second-quarter adjusted profit, powered by strong performance in its capital markets business on the back of a rebound in mergers and acquisitions. After a two-year dry spell, global ...
China's BYD seeks to redefine luxury for the EV generation
BEIJING (Reuters) - Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show from Thursday, in a challenge to the likes of Germany's Mercedes-Benz which three years ago pulled out of the brand's development ...
Disappointing Meta forecast pulls down tech peers in extended trade
By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta said it expects increased spending on AI ...