Asian stocks climb on Wall Street lead; yuan, euro sag
By Kevin Buckland TOKYO (Reuters) -Asian stocks jumped on Tuesday led by an outperforming tech sector following record highs on Wall Street overnight, while the dollar recovered lost ground against major rivals as traders weighed the outlook for U.S. interest…
India’s Adani Group seeks to settle regulatory charge of shareholding violations, ET reports
(Reuters) -Several entities linked to the Adani Group have approached the India markets regulator seeking to settle a case that accuses them of violating public shareholding regulations at some listed companies, the Economic Times reported on Tuesday. The Securities and…
Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports
(Reuters) – U.S. oil major Exxon Mobil Corp (NYSE:XOM) is weighing a sale of its petrol stations in Singapore, a deal that could raise about $1 billion, Bloomberg News reported on Tuesday, citing sources. Exxon operates 59 petrol stations in…
Taiwan stocks higher at close of trade; Taiwan Weighted up 2.13%
Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Semiconductor, Electronics and Electrical/Machinery sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 2.13%. The best performers of the session on…
Tavares clashed with Stellantis board over revival plan, sources say
By Giulio Piovaccari and Alessandro Parodi MILAN (Reuters) -Outgoing CEO Carlos Tavares clashed with Stellantis (NYSE:STLA)’ board over his plans to quickly turn around the ailing U.S. business by cutting costs, rather than focusing on long-term strategy, investors and bankers…
India government taking steps to help achieve GDP growth target, official says
(Reuters) – The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country’s economic affairs secretary said on Monday. The government expects growth to accelerate in the second half of the year,…