Close
Morning Bid: Green light from financial conditions, FX calm May 5, 2024 05:46PM

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

Investor sentiment in Asia is set to open the week on a positive note on Monday, buoyed by last week's upward momentum in global stocks, calmer currency markets, and a general easing of financial conditions.

The main regional calendar events include services PMI figures from China and first-quarter GDP data from Indonesia, while Chinese President Xi... (continue reading...)


Australia's Westpac net profit falls 16%, announces additional $661 million buyback May 5, 2024 05:42PM

(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins.

It also announced an increase of A$1 billion ($660.90 million) to an existing share buyback program, taking it up to A$2.5 billion.

A rise in borrowing costs and increased competition for lending have prompted banks to cut rates on loans despite having to pay depositors... (continue reading...)


Parents of US, Australian tourists presumed killed in Mexico to try identifying bodies May 5, 2024 05:19PM

By Raul Cortes and Lizbeth Diaz

MEXICO CITY (Reuters) - The parents of an American and two Australian surfers presumed to have been killed in northern Mexico have arrived in the country and will try to identify the dead bodies believed to be their children, a Mexican regional official said on Sunday.

Authorities in the Baja California state are conducting forensic tests on three corpses they found in a well this week and which they... (continue reading...)


Brazil ex-president Bolsonaro hospitalized again with skin infection May 5, 2024 04:43PM

SAO PAULO (Reuters) - Former Brazilian President Jair Bolsonaro said on Sunday he had to be hospitalized again in the northern city of Manaus due to a skin infection caused by a bacteria, adding there is no forecast for when he could be discharged.

Bolsonaro said on social media he was hospitalized again with erysipelas, a skin disease which he had in 2022 and again on Saturday, when he was also briefly hospitalized, according to a spokesperson.

... (continue reading...)
Atos board reported to be meeting Sunday to review takeover bids May 5, 2024 03:34PM

PARIS (Reuters) - The board of French tech firm Atos was due to meet on Sunday evening to consider takeover offers, including one submitted by Czech businessman Daniel Kretinsky, Les Echos and Le Figaro reported.

Atos, which secures communications for the French army and is set to manage cybersecurity for this summer's Paris Olympic Games, had given itself until Friday evening to receive refinancing offers.

The struggling firm also... (continue reading...)


More Reuters

View Older Stories

May 5, 2024 03:28PM Former Boeing CEO and Seattle Mariners co-owner Frank Shrontz dies aged 92
May 5, 2024 02:53PM Russia takes control of Ocheretyne village in Ukraine's east -defence ministry
May 5, 2024 02:33PM UN accuses Israel of denying Gaza aid access as famine takes hold
May 5, 2024 01:44PM Russian attacks on Kharkiv, surrounding area kill one, injure 17, officials say
May 5, 2024 12:18PM Trump accuses Biden of running 'Gestapo administration'
May 5, 2024 11:33AM Thousands protest against Hungary's Orban in ruling party stronghold
May 5, 2024 11:01AM Eurovision 2024 begins in Malmo with contestants' walk on 'Turquoise Carpet'
May 5, 2024 10:05AM Big Oil finds more to love in deepwater exploration fields
May 5, 2024 09:58AM L.A. police clear USC pro-Palestinian encampment, make no arrests
May 5, 2024 09:02AM Bangladesh reopens schools as searing temperatures drop
May 5, 2024 09:00AM IMF says its mission will visit Pakistan this month to discuss new loan
May 5, 2024 08:59AM Gulf bourses end higher as Fed cut hopes rise
May 5, 2024 08:56AM Ukrainians in embattled east mark third Easter under fire
May 5, 2024 08:50AM Death toll from southern Brazil rainfall rises to 78, many still missing
May 5, 2024 08:33AM Slowing global economy to mean smaller revenue bump in Australian budget
May 5, 2024 08:23AM South Africa inquiry blames authorities for neglect leading to deadly fire
May 5, 2024 08:05AM Hamas armed wing claims responsibility for deadly attack on Israel-Gaza crossing
May 5, 2024 07:24AM Netanyahu says ending Gaza war now would keep Hamas in power
May 5, 2024 07:08AM Poland wants best ties with US no matter who's in power, minister says
May 5, 2024 06:58AM Four Lebanese civilians killed in Israeli strike on border village
May 5, 2024 06:13AM Death toll from Kenya floods rises to 228
May 5, 2024 06:12AM Israeli authorities raid Al Jazeera after shutdown order
May 5, 2024 06:09AM Berkshire's Brooks Running CEO sees China, Europe as growth areas
May 5, 2024 06:04AM Ex-US Capitol cop, Jan. 6 rioter's runs for Congress illustrate a divided America
May 5, 2024 05:41AM Hamas killing spree haunts Holocaust survivors in 'March of the Living'
May 5, 2024 05:03AM Gaza truce hopes slim; Hamas officials leaving Cairo but returning on Tuesday
May 5, 2024 04:58AM Russian attacks on Ukraine energy system caused $1 billion in damages - minister
May 5, 2024 04:09AM Foxconn reiterates Q2 revenue to grow, posts record April sales
May 5, 2024 03:33AM On Orthodox Easter, Zelenskiy calls on Ukrainians to unite in prayer
May 5, 2024 02:59AM Saudi Arabia's non-oil business activity growth steady in April-PMI
May 5, 2024 01:38AM Russia blames Baltic countries for the severing of most ties
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Vote counting begins in Panama presidential race focused on economy, corruption
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 01:15AM Panamanians vote in crowded field of presidential contenders
May 5, 2024 12:26AM Putin attends Easter service led by head of Russia's Orthodox Church
May 4, 2024 11:30PM Fake videos of Modi aides trigger political showdown in India election
May 4, 2024 10:56PM Australian police shoot boy dead after stabbing with 'hallmarks' of terrorism
May 4, 2024 08:55PM North Korea's UN ambassador says new sanctions monitoring groups will fail
View Older Stories