Japanese retailer Seven & I Holdings Co plans to restructure its board of directors so that more than half are from outside the company, it said on Thursday.

Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic lows, as the Ukraine war blows consumer prices well out of policymakers' comfort zones.

JD.com Inc promoted its president, Lei Xu, as chief executive officer on Thursday to succeed founder Richard Liu, officially handing him the reins of the Chinese e-commerce company after he performed the role for several months.

Oil prices clawed back some losses on Thursday after tumbling more than 5% to a three-week low in the previous session after consuming nations announced a huge release of oil from emergency reserves to offset supply lost from Russia.

MELBOURNE/BEIJING (Reuters) -Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency reserves, with worries over tight supply still clouding the market outlook.

SEOUL (Reuters) -Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid demand underpinned prices for memory chips.