Town Hall News

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options market demand for insurance against a stock market crash has soared to multi-month highs, even as equities have calmed down after a choppy start to the year. U.S. stock market volatility has subsided as the S&P 500 has logged a 7% year-to-date gain. However, an undercurrent of worries, ranging from a looming showdown over raising the U.S. debt ceiling to Federal […]

TOKYO (Reuters) – Toyota Motor Corp on Wednesday posted a 35% jump in fourth-quarter operating profit to 626.9 billion yen ($4.64 billion), with results boosted by the yen’s weakness and efforts to improve its profit structure. ($1 = 135.0500 yen) (Reporting by Daniel Leussink; Editing by Kenneth Maxwell) Brought to you by www.srnnews.com

TOKYO (Reuters) – Toyota Motor Corp on Wednesday posted a 35% jump in fourth-quarter operating profit to 626.9 billion yen ($4.64 billion), with results boosted by the yen’s weakness and efforts to improve its profit structure. ($1 = 135.0500 yen) (Reporting by Daniel Leussink; Editing by Kenneth Maxwell) Brought to you by www.srnnews.com

By Stephanie Kelly and Muyu Xu (Reuters) -Oil prices dipped on Wednesday, stalling a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns, while investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. Brent crude dropped 52 cents, or 0.7%, to $76.92 a barrel at 0455 GMT, while U.S. West Texas Intermediate (WTI) crude fell 49 cents, also […]

By Stephanie Kelly and Muyu Xu (Reuters) -Oil prices dipped on Wednesday, stalling a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns, while investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. Brent crude dropped 52 cents, or 0.7%, to $76.92 a barrel at 0455 GMT, while U.S. West Texas Intermediate (WTI) crude fell 49 cents, also […]

By Gabriela Baczynska BRUSSELS (Reuters) – European Union states hold a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that would target Chinese and Iranian firms and allow export curbs on third countries for busting existing trade restrictions. Talks among EU envoys start at 0800 GMT and are set to be heated, according to one diplomat, with Russia hawks upset the plan doesn’t go far […]

By Gabriela Baczynska BRUSSELS (Reuters) – European Union states hold a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that would target Chinese and Iranian firms and allow export curbs on third countries for busting existing trade restrictions. Talks among EU envoys start at 0800 GMT and are set to be heated, according to one diplomat, with Russia hawks upset the plan doesn’t go far […]

By Julie Zhu HONG KONG (Reuters) -CICC Capital, a unit of leading Chinese investment bank China International Capital Corp (CICC), has stopped using consultancy Capvision Partners’ services, three sources said, as some financial firms review their ties with China’s largest “expert network” group. Capvision is the latest consultancy and due diligence firm to get caught in Beijing’s sweeping crackdown on what state media describes as “intensifying” law enforcement aimed at […]

By Julie Zhu HONG KONG (Reuters) -CICC Capital, a unit of leading Chinese investment bank China International Capital Corp (CICC), has stopped using consultancy Capvision Partners’ services, three sources said, as some financial firms review their ties with China’s largest “expert network” group. Capvision is the latest consultancy and due diligence firm to get caught in Beijing’s sweeping crackdown on what state media describes as “intensifying” law enforcement aimed at […]